Prada SpA
01913: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| xKk | LOCK|G^?CL | LOCK|T!c<WX |
Prada Earnings: Stellar Performance Driven by Miu Miu; Shares Fairly Valued
We maintain our fair value estimate for narrow-moat Prada as we increase our forecasts for full-year revenue and profits on the back of a strong third quarter. Our increased near-term expectations are offset by currency moves and our long-term expectations are intact as we don’t expect current industry outperformance to last.
