Andrew Peller updated June 26, 2021

Wine maker / wine seller Andrew Peller is updated at rated (lower) Buy at $9.60. It is in a highly competitive and slow-growing business and so will never be a reliable high return investment. But at the current price it could do well over the next couple of years and in any case should not crater. 

It has some high margin brand name products but its biggest seller is unfortunately cheap boxed wine.

In some ways, it could be viewed as a way to have ownership in land assets that are very likely to increase in value over the years.

Hopefully, the opening of the economy will provide some boost this summer. But is was actually not much affected by the pandemic overall even though it does have some estate wineries that rely on tourism.

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