George Weston (OTCMKTS:WNGRF) Upgraded at Scotiabank

Scotiabank upgraded shares of George Weston (OTCMKTS:WNGRF) from a hold rating to a strong-buy rating in a research report report published on Wednesday morning,Zacks.com reports.

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

George Weston Trading Down 1.7 %

OTCMKTS WNGRF opened at $153.47 on Wednesday. The business’s 50-day moving average price is $160.27 and its two-hundred day moving average price is $158.35. George Weston has a 12 month low of $124.99 and a 12 month high of $167.55. The firm has a market capitalization of $19.98 billion, a PE ratio of 46.65 and a beta of 0.57. The company has a current ratio of 1.32, a quick ratio of 0.72 and a debt-to-equity ratio of 1.08.

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.