The Swatch Group AG ADR
SWGAY: PINX (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$99.90 | Tslbdj | Pfhcmnbq |
Swatch Earnings: Strong Sales Growth, Profitability Maintained Despite Foreign Exchange Headwinds
We are maintaining our fair value estimate for narrow-moat Swatch Group as we incorporate full-year 2023 figures into our forecasts. We believe shares are undervalued at current levels.