Treasury Wine Estates Ltd. (OTCMKTS:TSRYY – Get Free Report) shares gapped down prior to trading on Friday . The stock had previously closed at $3.70, but opened at $3.50. Treasury Wine Estates shares last traded at $3.54, with a volume of 79,227 shares traded.
Wall Street Analysts Forecast Growth
TSRYY has been the subject of a number of analyst reports. Royal Bank Of Canada lowered shares of Treasury Wine Estates from a “moderate buy” rating to a “hold” rating in a research note on Thursday, December 18th. Jefferies Financial Group cut shares of Treasury Wine Estates from a “strong-buy” rating to a “hold” rating and set a $5.20 price target on the stock. in a report on Wednesday, December 17th. Citigroup lowered shares of Treasury Wine Estates from a “hold” rating to a “strong sell” rating in a report on Wednesday, January 14th. Finally, UBS Group downgraded Treasury Wine Estates from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 13th. Three investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus price target of $5.20.
View Our Latest Stock Analysis on Treasury Wine Estates
Treasury Wine Estates Stock Performance
Treasury Wine Estates Company Profile
Treasury Wine Estates is a Melbourne?based global wine company that produces, markets and distributes a broad portfolio of wines. Its portfolio spans premium, luxury and commercial brands, including Penfolds, Beringer, Stags’ Leap Family Vineyards, Wolf Blass, Lindeman’s and Matua. The company sources fruit from a mix of owned vineyards and long-term grower partnerships across key wine regions in Australia, California and New Zealand.
The business was established in 2011 following a demerger from Foster’s Group and traces its heritage back to the founding of Penfolds in 1844.
See Also
- Five stocks we like better than Treasury Wine Estates
- NEW LAW: Congress Approves Setup For Digital Dollar?
- Your Bank Account Is No Longer Safe
- “Fed Proof” Your Bank Account with THESE 4 Simple Steps
- What a Former CIA Agent Knows About the Coming Collapse
- Wall Street’s New Sports Prediction Trade
Receive News & Ratings for Treasury Wine Estates Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Treasury Wine Estates and related companies with MarketBeat.com's FREE daily email newsletter.
