DWS Throws SMS a Much-Needed Lifeline as Profit Weakness Continues. FVE Raised to AUD 1.55.
We have increased our fair value estimate for no-moat-rated SMS Management & Technology to AUD 1.55 from AUD 1.00 per share due to the high probability of the DWS takeover offer proceeding. The DWS offer comprises AUD 1.00 in cash plus 0.39 DWS shares per SMS Management & Technology share. We don't provide research coverage of DWS but value its shares at AUD 1.40 per share based on the consensus fiscal 2017 EPS forecast of AUD 0.14 and the average one-year forward P/E multiple over the p...
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.