Moncler SpA
MONC: XMIL (ITA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
€37.60 | Yxlsb | Jmfrdxtxd |
Moncler Earnings: Strong Profit and Demand in China Helps It Perform Better Than Peers; Maintain FVE
We are maintaining our fair value estimate of EUR 47.50 for narrow-moat Moncler as the company delivered a resilient performance in the first half despite a broad industry slowdown. We see shares as somewhat expensive at current levels.