Seek Ltd
SEK: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$85.00 | Wqrmpj | Zxrscmmy |
Seek Becomes the Latest Target of Spurious Short-Seller Claims
We have maintained our earnings forecasts and fair value estimate for narrow-moat Seek Limited at AUD 20.50 per share following the publication of a range of allegations about the company by short-selling research firm Blue Orca Capital. At the current market price of AUD 21.21, we continue to believe Seek is fairly valued.