UBS AG Reiterates Sell Rating for Treasury Wine Estates Ltd (TWE)
Treasury Wine Estates Ltd (ASX:TWE)‘s stock had its “sell” rating restated by research analysts at UBS AG in a report released on Monday, AnalystRatings.Net reports. They currently have a $3.18 price target on the stock, down from their previous price target of $3.74.
Shares of Treasury Wine Estates Ltd (ASX:TWE) remained flat at A$3.530 during trading on Monday. The stock had a trading volume of 1,993,684 shares. Treasury Wine Estates Ltd has a one year low of A$3.410 and a one year high of A$6.470. The stock’s 50-day moving average is A$4.46 and its 200-day moving average is A$4.68.
TWE has been the subject of a number of other recent research reports. Analysts at Deutsche Bank reiterated a “sell” rating on shares of Treasury Wine Estates Ltd in a research note to investors on Wednesday, January 29th. They now have a $3.80 price target on the stock. Five analysts have rated the stock with a sell rating and two have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of A$3.49 ($3.12).
Treasury Wine Estates Ltd. (ASX:TWE) is engaged in viticulture and winemaking, and the marketing, sale and distribution of wine.
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