Essilorluxottica
EL: XPAR (FRA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
€888.00 | Wrqv | Tmktxykc |
Essilorluxottica Earnings: Solid Sales Trends and Margin Expansion; Shares Slightly Expensive
We are increasing our fair value estimate for wide-moat Essilorluxottica to EUR 173 on back of solid first-half results. Markets are reacting strongly to the results and to speculation of Meta being interested in buying a stake in Essilorluxottica, its partner in smart eyewear technology.