George Weston (OTCMKTS:WNGRF) Raised to “Strong-Buy” at Scotiabank

George Weston (OTCMKTS:WNGRF) was upgraded by analysts at Scotiabank from a “hold” rating to a “strong-buy” rating in a note issued to investors on Wednesday,Zacks.com reports.

Separately, Cibc World Mkts raised shares of George Weston to a “strong-buy” rating in a report on Wednesday, November 20th.

George Weston Trading Down 1.7 %

Shares of WNGRF opened at $153.47 on Wednesday. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.72 and a current ratio of 1.32. George Weston has a one year low of $124.99 and a one year high of $167.55. The stock has a 50-day moving average price of $160.27 and a 200 day moving average price of $158.35. The company has a market capitalization of $19.98 billion, a P/E ratio of 46.65 and a beta of 0.57.

About George Weston

George Weston Limited provides food and drug retailing, and financial services in Canada. The company operates through two segments, Loblaw Companies Limited (Loblaw) and Choice Properties Real Estate Investment Trust (Choice Properties). The Loblaw segment provides grocery, pharmacy and healthcare services, health and beauty products, apparel, general merchandise, and financial services.