Treasury Wine Estates Upgraded to Hold by Deutsche Bank (TWE)
Treasury Wine Estates (ASX:TWE) was upgraded by analysts at Deutsche Bank from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Sunday. The firm currently has a $4.70 target price on the stock.
Treasury Wine Estates (ASX:TWE) opened at 4.920 on Friday. Treasury Wine Estates has a 52 week low of A$3.410 and a 52 week high of A$6.080. The stock’s 50-day moving average is A$4.34 and its 200-day moving average is A$4.25.
Treasury Wine Estates Ltd. (ASX:TWE) is engaged in viticulture and winemaking, and the marketing, sale and distribution of wine.
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