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Treasury Wine Estates Limited ( (AU:TWE) ) just unveiled an update.
Treasury Wine Estates announced the Supreme Court of Victoria’s approval of a $A65 million settlement for a consolidated shareholder class action. This settlement, covered by insurance and involving no admission of liability, allows the company to focus on its strategic goals, reflecting a prudent decision for shareholder interests.
The most recent analyst rating on (AU:TWE) stock is a Buy with a A$15.50 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 is a prominent company in the wine industry, focusing on the production and distribution of wine. It operates globally, offering a diverse portfolio of wine brands to a wide range of markets.
Average Trading Volume: 6,892,502
Technical Sentiment Signal: Sell
Current Market Cap: A$6.66B
See more data about TWE stock on TipRanks’ Stock Analysis page.