Treasury Wine Estates Ltd. (OTCMKTS:TSRYY – Get Free Report)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $3.8830, but opened at $3.70. Treasury Wine Estates shares last traded at $3.88, with a volume of 232 shares.
Analyst Ratings Changes
A number of analysts recently issued reports on TSRYY shares. Zacks Research raised Treasury Wine Estates to a “hold” rating in a research note on Friday, June 5th. The Goldman Sachs Group began coverage on shares of Treasury Wine Estates in a research note on Tuesday, June 23rd. They issued a “neutral” rating and a $5.20 price target on the stock. Five equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and a consensus price target of $5.20.
Get Our Latest Research Report on TSRYY
Treasury Wine Estates Stock Performance
Institutional Inflows and Outflows
An institutional investor recently bought a new stake in Treasury Wine Estates stock. Ferguson Wellman Capital Management Inc. purchased a new position in Treasury Wine Estates Ltd. (OTCMKTS:TSRYY – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 10,000 shares of the company’s stock, valued at approximately $33,000.
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.
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