Treasury Wine Estates Rating Reiterated by Deutsche Bank (TWE)
Treasury Wine Estates (ASX:TWE)‘s stock had its “hold” rating reiterated by analysts at Deutsche Bank in a research report issued to clients and investors on Thursday. They currently have a $5.20 target price on the stock.
Several other analysts have also recently commented on the stock. Analysts at CIMB reiterated a “reduce” rating on shares of Treasury Wine Estates in a research note on Wednesday, July 16th. They now have a $4.25 price target on the stock.
Shares of Treasury Wine Estates (ASX:TWE) traded up 1.57% during mid-day trading on Thursday, hitting A$5.190. 2,516,820 shares of the company’s stock traded hands. Treasury Wine Estates has a one year low of A$3.410 and a one year high of A$5.350. The stock’s 50-day moving average is A$5.0 and its 200-day moving average is A$4.34. The company has a market cap of A$3.356 billion and a P/E ratio of 34.76.
Treasury Wine Estates Ltd. (ASX:TWE) is engaged in viticulture and winemaking, and the marketing, sale and distribution of wine.
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