Treasury Wine Estates stock advice

Good Morning, could you please give your opinion on TWE. Purchased them @ $15.97. Not sure if there is still upside? Thanks

A: Charlie Aitken, who follows TWE very closely, will be providing an update in next Thursday’s Switzer Report.

 

For me, TWE is a bit on the expensive side and I would probably be taking profits around these levels. As for the brokers, according to FN Arena, the current consensus target price is $17.30, about 4% below last night’s closing price of $17.97. There are 3 buy recommendations, 3 neutrals and 1 sell.

 

Regards


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