Challenger Ltd
CGF: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$4.70 | Mmgy | Bnjvynmbn |
Challenger Mildly Undervalued; Rerating Likely With Signs of Improving Profitability
Business Strategy and Outlook
Challenger’s annuity sales amount to roughly 80% of yearly annuity sales in Australia, while its products are represented on platforms used by more than 70% of Australia’s financial advisors.