Compagnie Financiere Richemont SA Class A
CFR: XSWX (CHE)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
CHF 129.00 | Ncwcs | Kndwbflw |
Richemont: Finally Offloads YNAP While Retaining Some Economic Interest; Shares Appealing
We are maintaining our fair value estimate for wide-moat Richemont as the company reported the sale of its YNAP stake to Mytheresa. Shares look attractive at current levels.