Allfunds Group PLC
ALLFG: XAMS (NLD)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|$? | LOCK|kW%@ | LOCK|VQYb<y |
Allfunds: Continued Net Inflows; Shares Attractive
Narrow-moat Allfunds reported a third-quarter trading update showing net inflows from existing and new clients. Net revenue increased 17% to EUR 153.5 million versus the same period last year, primarily on higher transaction revenue (up 29%). We maintain our EUR 7.20 per-share fair value estimate. Shares look attractive.
