AstraZeneca PLC

AZN: XLON (GBR)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	GBX 51,439.00	Ysnr	Zlnrsgry

AstraZeneca Posts Solid Q4 as Research and Development Continues To Make Strong Progress

Damien Conover

Feb 9, 2023

AstraZeneca reported fourth-quarter results and 2023 guidance largely in line with our expectations, and we don’t expect any major changes to our fair value estimate based on the update. We continue to view Astra as undervalued, with the market not fully appreciating its industry-leading pipeline development and strong current product portfolio that helps to reinforce its wide moat.

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