Adrian Croxson: Pirelli Is Undervalued By 60%Rupert Hargreaves
The premium auto market is a business defined by fast cars, strong brands, and high prices. Tires also play an essential part. Premium cars require premium tires and one of the market's biggest players is Pirelli.
Pirelli has only been a public company for a few months. During this time, it has struggled to make an impact. After listing at €6.50 in October, today it trades a shade under €7.
Adrian Croxson of Oz Management believes that the stock is worth about 60% more, and he pitched his . . .
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