Treasury Wine Estates Receives Sell Rating from UBS AG (TWE)

(Tickerreport) - Treasury Wine Estates (ASX:TWE)‘s stock had its “sell” rating reaffirmed by research analysts at UBS AG in a report released on Tuesday, Stock Ratings Network.com reports. They currently have a $3.18 price target on the stock, down from their previous price target of $3.74.

Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank reiterated a “sell” rating on shares of Treasury Wine Estates in a research note on Wednesday, January 29th. They now have a $3.80 price target on the stock. Five analysts have rated the stock with a sell rating and two have given a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of A$3.49 ($3.17).

Shares of Treasury Wine Estates (ASX:TWE) opened at 3.800 on Tuesday. Treasury Wine Estates has a one year low of A$3.410 and a one year high of A$6.470. The stock’s 50-day moving average is A$4.31 and its 200-day moving average is A$4.64.

Treasury Wine Estates Ltd. (ASX:TWE) is engaged in viticulture and winemaking, and the marketing, sale and distribution of wine.