Jefferies Maintains 'Buy' on Treasury Wine with AUD 12 Price Target

Wed 04 Jun 25, 05:29 AM | Team Kalkine

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Highlights

Jefferies retains “Buy” rating on TWE with a 47.42% upside to a price target of AUD 12.00

FY25 EBIT guidance lowered to ~AUD 770 million from ~AUD 780 million

U.S. distribution shake-up and soft demand prompt cautious investor sentiment

Despite recent earnings downgrades and disruption in its U.S. distribution network, Jefferies has reaffirmed its “Buy” rating on Australia’s top winemaker, Treasury Wine Estates (ASX:TWE). The broker has set a price target of AUD 12.00, implying a 47.42% premium to current levels.

Guidance Revised

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