Treasury Wine Estates Ltd. (OTCMKTS:TSRYY – Get Free Report)’s share price shot up 15.3% on Friday . The company traded as high as $3.32 and last traded at $3.32. 960 shares were traded during trading, a decline of 100% from the average session volume of 293,322 shares. The stock had previously closed at $2.88.
Analyst Upgrades and Downgrades
A number of research firms have weighed in on TSRYY. Citigroup upgraded Treasury Wine Estates from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 21st. UBS Group downgraded Treasury Wine Estates from a “hold” rating to a “strong sell” rating in a report on Friday, February 6th. Three research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Treasury Wine Estates currently has an average rating of “Reduce” and an average price target of $5.20.
View Our Latest Stock Report on TSRYY
Treasury Wine Estates Trading Up 12.8%
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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