GN Store Nord AS

GN: XCSE (DNK)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	DKK 268.00	Rrlsm	Nflybpltq

GN Store Nord's Preliminary Q3 Results Point to Ongoing Weakness in Audio

Alex Morozov

Nov 3, 2022

We anticipate a modest decrease to our fair value estimate of DKK 348 for narrow-moat GN Store Nord on the back of continuing weakness in audio market demand in addition to the softening hearing market. We expect that shares will likely continue to trade in undervalued territory.

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