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Treasury Wine Estates Limited ( (AU:TWE) ) has issued an update.
Treasury Wine Estates Limited announced the issuance of 600,875 deferred share rights as part of an employee incentive scheme. These securities are unquoted and are not intended to be listed on the ASX, reflecting the company’s strategy to incentivize and retain talent, which could enhance its operational efficiency and market competitiveness.
The most recent analyst rating on (AU:TWE) stock is a Hold with a A$6.50 price target. To see the full list of analyst forecasts on Treasury Wine Estates Limited stock, see the AU:TWE Stock Forecast page.
More about Treasury Wine Estates Limited
Treasury Wine Estates Limited operates in the wine industry, focusing on the production and distribution of wine products. It is a significant player in the global wine market, known for its diverse portfolio of brands and commitment to quality.
YTD Price Performance: -46.82%
Average Trading Volume: 5,661,666
Technical Sentiment Signal: Sell
Current Market Cap: A$4.65B
For a thorough assessment of TWE stock, go to TipRanks’ Stock Analysis page.