Tilray (TLRY) Expands Breckenridge Cognac Cask Finish Whiskey Nationally | TLRY Stock News

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3 days ago
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Tilray Brands (TLRY, Financial), known for its diverse portfolio in the spirit industry, is broadening its offerings with the latest release from Breckenridge Distillery. The company has introduced the Breckenridge Cognac Cask Finish whiskey, which is now available in Colorado and set for a nationwide rollout soon.

Initially introduced as a limited edition during the second Collectors Art Series event at Breckenridge in 2022, this whiskey has garnered attention for its distinctive finish. As Tilray continues to expand its market presence, this addition to their line of cask finish whiskeys marks a strategic move to enhance their position in the spirits industry.

Wall Street Analysts Forecast

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Based on the one-year price targets offered by 11 analysts, the average target price for Tilray Brands Inc (TLRY, Financial) is $1.28 with a high estimate of $2.50 and a low estimate of $0.60. The average target implies an upside of 178.54% from the current price of $0.46. More detailed estimate data can be found on the Tilray Brands Inc (TLRY) Forecast page.

Based on the consensus recommendation from 12 brokerage firms, Tilray Brands Inc's (TLRY, Financial) average brokerage recommendation is currently 2.7, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

Based on GuruFocus estimates, the estimated GF Value for Tilray Brands Inc (TLRY, Financial) in one year is $1.91, suggesting a upside of 317.12% from the current price of $0.4579. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Tilray Brands Inc (TLRY) Summary page.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.