Barclays Reaffirms Their Sell Rating on Weston George

By Jason Carr

Weston George (TSX: WN), the Services sector company, has received a rating update from a Wall Street analyst yesterday. Analyst Jim Durran from Barclays reiterated a Sell rating, with a C$109 price target.

Durran has an average return of 6.4% when recommending Weston George.

According to TipRanks.com, Durran is ranked #1081 out of 4772 analysts.

Weston George has an analyst consensus of Hold, with a price target consensus of C$119.33.

Weston George’s market cap is currently C$13.29B and has a P/E ratio of 17.4.

George Weston Ltd. engages in the food processing and distribution of fresh and frozen baked goods and other foods. It operates through two segments: Weston Foods and Loblaw.

The company’s shares closed on Tuesday at C$103.52, close to its 52-week low of C$102.05.