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Australian Vintage Ltd

( ASX:AVG ) - Food- Beverage & Tobacco

News

Analyst Views

MGW – ABN Amro rates the stock as Buy

In the broker’s view the company is unlikely to perform as badly as the current share price suggests, particularly given some water purchases indicate a reasonable warm climate vintage in 2008. The better than previously expected vintage leads the broker to trim its forecast loss for the current year and this supports its upgrade in rating.

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