Lonza Group Ltd
LONN: XSWX (CHE)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
CHF 871.00 | Qbyxd | Hflwlcctg |
Lonza Reports Solid Q4 Results; Maintaining Fair Value Estimate of CHF 620, Shares Fairly Valued
Lonza reported solid year-end results driven by continued growth in its biologics business. Fiscal 2021 revenue totaled CHF 5.4 billion, which represents a 20% increase year over year on an adjusted basis for Lonza’s continuing operations. After updating our valuation model, we maintain our fair value estimate of CHF 620 per share and view shares as fairly valued, currently trading in 3-star territory. We maintain our narrow economic moat rating and stable moat trend.