IRESS Ltd
IRE: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$14.00 | Jjydjj | Nntknrdg |
Iress Looking Undervalued Following Third-Quarter Trading Update
We have maintained our fair value estimate for narrow-moat-rated Iress at AUD 11.00 per share following its third-quarter trading update. Iress doesn’t usually provide quarterly updates but 2020 has been an unusual year and the share price has been weak in recent months, in stark contrast to many other technology stocks.