Treasury Wine Estates Earns Hold Rating from Deutsche Bank (TWE)
TWE has been the subject of a number of other recent research reports. 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 down 0.77% during mid-day trading on Friday, hitting A$5.160. 2,041,356 shares of the company’s stock traded hands. Treasury Wine Estates has a 52 week low of A$3.410 and a 52 week high of A$5.350. The stock has a 50-day moving average of A$5.11 and a 200-day moving average of A$4.38. The company’s market cap is A$3.334 billion.
Treasury Wine Estates Ltd. (ASX:TWE) is engaged in viticulture and winemaking, and the marketing, sale and distribution of wine.
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