George Weston traded at 104.90 this Wednesday October 28th, decreasing 1.37 or 1.29 percent since the previous trading session. Looking back, over the last four weeks, George Weston lost 3.46 percent. Over the last 12 months, its price rose by 26.02 percent. Looking ahead, we forecast George Weston to be priced at 103.50 by the end of this quarter and at 96.58 in one year, according to Trading Economics global macro models projections and analysts expectations.
George Weston Limited is a Canada-based holding company, which is engaged in food processing and distribution business. The Company operates through its three reportable operating segments, Loblaw Companies Limited (Loblaw), Choice Properties Real Estate Investment Trust (Choice Properties), and Weston Foods. Loblaw has two reportable operating segments, retail and financial services. Loblaw’s retail segment consists primarily of food retail and drug retail. Loblaw provides Canadians with grocery, pharmacy, health and beauty, apparel, general merchandise and financial services. Choice Properties owns, manages and develops a portfolio of commercial retail, industrial, office and residential properties across Canada. The Weston Foods is a North American bakery making bread, rolls, cupcakes, donuts, cookies, cakes, pies, cones and wafers, and artisan baked goods.