Cromwell Property Group
CMW: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
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Cromwell: Sale of Polish Assets Reduces Uncertainty; Securities Undervalued
We increase our fair value estimate for no-moat Cromwell by 7% to AUD 0.75 per share. It reflects favorable changes to our equity-raising assumptions following the sale of the Polish retail assets.