Pandora AS
PNDORA: XCSE (DNK)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
DKK 2,451.00 | Tklksx | Xltnmslj |
Pandora Earnings: Strong Sales and Profits; Shares Fairly Valued
We are maintaining our fair value estimate of DKK 1,010 for narrow-moat Pandora as we increase our full-year forecasts slightly to incorporate higher revenue growth in 2024 after a strong first-half performance. We believe shares are fairly valued at current levels.