RBC Capital Thinks Weston George’s Stock is Going to Recover

By Austin Angelo

Wall Street analyst has provided a review for the Services company yesterday, but retained the same rating on the stock. Weston George (TSX: WN) received a Buy rating from RBC Capital’s analyst Irene Nattel, with a C$138 price target.

According to TipRanks.com, Nattel is a 3-star analyst with an average return of 4.1% and a 47.5% success rate. Nattel covers the Services sector, focusing on stocks such as Alimentation Couche Tard, Casey’s General, and The Pantry.

Weston George has an analyst consensus of Hold, with a price target consensus of C$123.

The company has a one-year high of C$125.67 and a one-year low of C$102.05. Currently, Weston George has an average volume of 140.5K.

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 Friday at C$104.12, close to its 52-week low of C$102.05.