George Weston Limited (WN) Price Target Cut to C$144.00

George Weston Limited (TSE:WN) had its price target reduced by analysts at Royal Bank Of Canada from C$145.00 to C$144.00 in a report released on Monday. The firm presently has an “outperform” rating on the stock. Royal Bank Of Canada’s target price would suggest a potential upside of 30.01% from the stock’s previous close.

Several other research firms also recently weighed in on WN. Barclays PLC downgraded George Weston Limited from an “overweight” rating to an “equal weight” rating and cut their target price for the company from C$131.04 to C$117.00 in a research report on Friday, July 28th. George Weston Ltd. downgraded George Weston Limited from an “overweight” rating to an “equal weight” rating and cut their target price for the company from C$131.04 to C$117.00 in a research report on Monday, July 31st. Scotiabank cut their target price on George Weston Limited from C$136.00 to C$130.00 and set an “outperform” rating on the stock in a research report on Monday, July 31st. CIBC cut their target price on George Weston Limited from C$126.00 to C$123.00 in a research report on Monday, July 31st. Finally, BMO Capital Markets reissued an “outperform” rating and set a C$129.00 target price on shares of George Weston Limited in a research report on Monday, July 31st. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of C$126.17.

Shares of George Weston Limited (WN) opened at C$110.76 on Monday. George Weston Limited has a 12 month low of C$104.49 and a 12 month high of C$125.67.

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George Weston Limited Company Profile

George Weston Limited is a holding company engaged in food processing and distribution business. The Company, through its two operating segments, Weston Foods and Loblaw, holds cash, short-term investments and a direct investment in Choice Properties Real Estate Investment Trust (Choice Properties). The Weston Foods operating segment includes a fresh bakery business in Canada, and frozen, artisan style bakery and biscuit businesses throughout North America.

Analyst Recommendations for George Weston Limited (TSE:WN)

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