Shares of Grab Holdings Limited (NASDAQ:GRAB – Get Free Report) have earned an average recommendation of “Buy” from the seven brokerages that are presently covering the firm, Marketbeat.com reports. Seven research analysts have rated the stock with a buy recommendation. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $5.07.
A number of equities research analysts have issued reports on GRAB shares. Deutsche Bank Aktiengesellschaft started coverage on Grab in a research report on Friday, May 17th. They set a “buy” rating and a $4.50 price objective on the stock. Barclays upped their target price on Grab from $4.30 to $4.70 and gave the company an “overweight” rating in a research note on Wednesday, May 22nd. Benchmark reaffirmed a “buy” rating and set a $6.00 target price on shares of Grab in a research note on Thursday, May 16th. Finally, HSBC reaffirmed a “buy” rating and set a $4.30 target price on shares of Grab in a research note on Thursday, April 4th.
Get Our Latest Stock Analysis on GRAB
Institutional Inflows and Outflows
Grab Trading Up 0.3 %
Shares of GRAB stock opened at $3.65 on Friday. Grab has a 1 year low of $2.85 and a 1 year high of $3.92. The company has a debt-to-equity ratio of 0.03, a current ratio of 3.26 and a quick ratio of 3.22. The stock’s 50 day simple moving average is $3.43 and its two-hundred day simple moving average is $3.28. The company has a market cap of $14.32 billion, a PE ratio of -52.14 and a beta of 0.81.
Grab Company Profile
Grab Holdings Limited engages in the provision of superapps in Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam. The company offers its Grab ecosystem, a single platform with superapps for driver- and merchant-partners and consumers, that allows access to mobility, delivery, digital financial services, and enterprise sector offerings.
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