Report
Debbie Wang
EUR 101.80 For Business Accounts Only

Zoetis Delivers Another Strong Quarter; We've Raised Our FVE

Zoetis reported very strong third-quarter performance, and we’ve substantially boosted our fair value estimate by $9, to $57 per share, to reflect more-optimistic projections for the companion animal segment through the midterm, as well as higher expectations for company growth over the longer term. We think the firm’s successful string of new companion animal products underscores the strength of Zoetis’ wide economic moat.  Unlike most competitors, Zoetis is liberated to develop therapies that ...
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Morningstar
Morningstar

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.

Analysts
Debbie Wang

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