Adyen NV
ADYEN: XAMS (NLD)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
€3,764.00 | Tzxx | Lshqfzzhx |
Coronavirus Highlights Value of Adyen's Holistic Payment Solution; Fair Value Estimate Unchanged
Adyen reported a short third quarter update including top line and volume figures. The development of Adyen during the coronavirus pandemic is supportive of our outlook on the group in general and its strong competitive position. We maintain our fair value estimate of EUR 1,100 per share and wide moat and positive trend rating.