Amer Sports Inc

AS: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$13.00	Jdjsnh	Wjvrrdxyh

Amer Sports: Initiating Coverage With Narrow Moat Rating and $19 Valuation; Shares Undervalued

Ivan Su

Jul 5, 2024

We launch coverage of Amer Sports with a $19 fair value estimate and narrow moat rating. With Amer trading at around $13, we view its shares as undervalued, and we believe the market has yet to fully appreciate its growth story over the next five years.

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