Weston George Gets a Sell Rating from Barclays

By Jason Carr

In a new note to investors on February 27, an analyst has provided a rating update for the Services sector company, Weston George (TSX: WN). Barclays’ analyst Jim Durran reiterates their Sell rating on the shares, with a C$108 price target.

Durran has an average return of 7.1% when recommending Weston George.

According to TipRanks.com, Durran is ranked #1002 out of 4757 analysts.

Weston George has an analyst consensus of Hold, with a price target consensus of C$122.50.

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 139.7K.

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 Wednesday at C$104.91, close to its 52-week low of C$102.05.