Analyst Price Target is C$254.75
▼ -2.87% Downside Potential
This price target is based on 6 analysts offering 12 month price targets for George Weston in the last 3 months. The average price target is C$254.75, with a high forecast of C$284.00 and a low forecast of C$221.50. The average price target represents a -2.87% upside from the last price of C$262.29.
Current Consensus is
Moderate Buy
The current consensus among 6 polled investment analysts is to moderate buy stock in George Weston. This Moderate Buy consensus rating has held steady for over two years.
George Weston is a holding company that operates through two subsidiaries encompassing retail and real estate. The first is Loblaw, the largest grocer in Canada, in which it has a 53% controlling stake. The second is Choice Properties, an open-ended real estate investment trust, where George Weston's ownership sits close to 62%. The company sold Weston Foods, a North American bakery, in early 2022, which the firm had previously wholly owned. While the two remaining entities are separate, they operate under a contractual, as well as tacit, framework of strategic business partnerships. This is exemplified by Loblaw being Choice's largest tenant.
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