Moelis analyst David Meehan maintained a Buy rating on Australian Vintage Ltd (AUVGF – Research Report) on August 28 and set a price target of A$0.50. The company’s shares closed last Thursday at $0.51.
According to TipRanks, Meehan is ranked #8228 out of 8477 analysts.
Australian Vintage Ltd has an analyst consensus of Moderate Buy, with a price target consensus of $0.30.
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AUVGF market cap is currently $65.43M and has a P/E ratio of 24.68.
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Australian Vintage Ltd. engages in wine making, wine marketing and vineyard management. The company operates through the following segments: Australia & North America Packaged, UK & Europe, Cellar Door, Australasia & North America Bulk Wine and Processing, and Vineyards. The Australia & North America Packaged segment supplies packaged wine within Australia, New Zealand, Asia and North America through retail and wholesale channels. The UK & Europe segment supplies packaged and bulk wine in the United Kingdom and Europe through retail and distributor channels . The Cellar Door segment supplies wine directly to the consumer through regional outlets. The Australasia & North America Bulk Wine and Processing segment supplies bulk wine, concentrate and winery processing services throughout Australia, New Zealand, Asia and North America. The Vineyards segment provides vineyard management and maintenance services within Australia and includes fair value of grapes picked . The company brands are McGuigan Wines, Miranda, Tempus Two, Passion Pop, Nepenthe. Australian Vintage was founded on May 30, 1991 and is headquartered in Adelaide, Australia.
