Treasury Wine Estates’s Hold Rating Reaffirmed at Deutsche Bank (TWE)
Treasury Wine Estates (ASX:TWE)‘s stock had its “hold” rating reaffirmed by analysts at Deutsche Bank in a research report issued to clients and investors on Monday. They currently have a $5.20 price target on the stock.
A number of other firms have also recently commented on TWE. 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.
Treasury Wine Estates (ASX:TWE) opened at 5.130 on Monday. Treasury Wine Estates has a 1-year low of A$3.410 and a 1-year high of A$5.350. The stock has a 50-day moving average of A$5.13 and a 200-day moving average of A$4.46. The company’s market cap is A$3.326 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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