Pandora AS
PNDORA: XCSE (DNK)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
DKK 5,897.00 | Gcwlj | Lbxvbfn |
Pandora Earnings: Strong Operating Margin and Growth in Line With Consensus
Narrow-moat Pandora reported solid annual results slightly above our expectations, but that won't have a meaningful impact on our model. We are maintaining our DKK 980 fair value estimate. The shares appear fairly valued, trading in 3-star territory.