Sonova Holding AG

SOON: XSWX (CHE)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	CHF 337.00	Gjhym	Tpxsjrl

Sonova Earnings: Expectation of a Strong Rebound in 2H Is Rather Optimistic

Alex Morozov

Nov 21, 2023

We are maintaining our fair value estimate of CHF 268 for narrow-moat Sonova following the publication of first-half results. We currently view shares as modestly undervalued.

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