Getinge AB Class B
GETI B: XSTO (SWE)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
SEK 817.00 | Rvrkbhh | Hmcrnbrh |
Getinge Meets Lowered Expectations in Q2; Shares Now Undervalued, Though Risks Have Risen
Narrow-moat Getinge had a difficult second quarter, with sales and margin declining year over year. However, this was not unexpected, considering the guidance update on June 14, and we maintain our SEK 274 fair value estimate.