Prada SpA
01913: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| hL! | LOCK|&bWX% | LOCK|!$wfqZ |
Prada: Versace Acquisition Looks Fairly Priced and Strategically Interesting; Shares Fairly Valued
We are maintaining our fair value estimate for narrow-moat Prada after it announced its acquisition of the Versace brand from Capri for EUR 1.25 billion. We view the transaction price as fair based on our estimates for Capri’s revenue and profitability development.
