Treasury Wine Estates Ltd’s Sell Rating Reaffirmed at Deutsche Bank (TWE)
Treasury Wine Estates Ltd (ASX:TWE)‘s stock had its “sell” rating reaffirmed by stock analysts at Deutsche Bank in a report issued on Tuesday, AmericanBankingNews.com reports. They currently have a $3.80 target price on the stock.
TWE has been the subject of a number of other recent research reports. Analysts at Credit Agricole reiterated a “buy” rating on shares of Treasury Wine Estates Ltd in a research note to investors on Tuesday, December 3rd. Five equities research analysts have rated the stock with a sell rating and two have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of A$3.80 ($3.33).
Shares of Treasury Wine Estates Ltd (ASX:TWE) traded down 2.69% on Tuesday, hitting A$4.525. 1,193,580 shares of the company’s stock traded hands. Treasury Wine Estates Ltd has a 1-year low of A$4.300 and a 1-year high of A$6.470. The stock’s 50-day moving average is A$4.72 and its 200-day moving average is A$4.80.
Treasury Wine Estates Ltd. (ASX:TWE) is engaged in viticulture and winemaking, and the marketing, sale and distribution of wine.
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