Sandoz Group AG Registered Shares
SDZ: XSWX (CHE)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
CHF 87.80 | Wbfp | Kqtlnwcm |
Sandoz Earnings: Biosimilar Expertise, With Robust Sales Gain From Volume Win Across Markets
No-moat Sandoz reported solid second-quarter results that came in higher than our expectations. After updating our model and accounting for time value of money, we raise our fair value estimate to $34.50 per share from $32.