Transferring Analyst Coverage of InvoCare, FVE Raised to AUD 16.50 and Moat Rating Upgraded to Wide
We transfer analyst coverage of InvoCare, and upgrade the company’s economic moat rating to wide from narrow. This follows a review of the company’s competitive advantages, derived from its intangible assets as well as cost advantage. We believe the strong branding, reputation and in many cases, regional monopolies, will allow it to continue raising prices ahead of inflation, while building on its leading share of around 35% in Australia. We have lifted our fair value estimate by 14% to AUD 16.5...Invocare is a provider of services in the funeral industry in Australia, New Zealand and Singapore with smaller operations in Hong Kong and the U.S. Through its associate, Co. provides online memorial services to allow families and communities to celebrate the life of a loved one.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.