2 weeks Ago By ABMN Staff
Shares of Grab Holdings Limited ( NASDAQ:GRAB – Get Free Report ) have received a consensus recommendation of “Buy” from the seven brokerages that are covering the firm, MarketBeat Ratings reports. Seven investment analysts have rated the stock with a buy rating. The average twelve-month price target among brokerages that have covered the stock in the last year is $4.
71. GRAB has been the topic of a number of research reports. Mizuho began coverage on Grab in a report on Thursday, June 27th.
They issued an “outperform” rating and a $5.00 price objective on the stock. Jefferies Financial Group cut their price target on shares of Grab from $5.
00 to $4.70 and set a “buy” rating on the stock in a report on Wednesday, July 17th. Finally, Benchmark reiterated a “buy” rating and issued a $6.
00 price objective on shares of Grab in a report on Wednesday, September 11th. View Our Latest Stock Analysis on Grab Hedge Funds Weigh In On Grab Grab Price Performance NASDAQ GRAB opened at $3.85 on Thursday.
The company has a 50 day simple moving average of $3.36 and a 200-day simple moving average of $3.43.
Grab has a 52-week low of $2.90 and a 52-week high of $3.88.
The firm has a market capitalization of $15.10 billion, a price-to-earnings ratio of -55.00 and a beta of 0.
81. The company has a debt-to-equity ratio of 0.03, a current ratio of 3.
00 and a quick ratio of 2.97. Grab ( NASDAQ:GRAB – Get Free Report ) last posted its quarterly earnings results on Thursday, August 15th.
The company reported ($0.01) EPS for the quarter, meeting the consensus estimate of ($0.01).
The business had revenue of $664.00 million for the quarter, compared to analysts’ expectations of $674.17 million.
Grab had a negative net margin of 8.24% and a negative return on equity of 3.35%.
Grab’s revenue was up 17.1% on a year-over-year basis. During the same period in the previous year, the company posted ($0.
03) EPS. Equities research analysts predict that Grab will post -0.01 earnings per share for the current fiscal year.
Grab Company Profile ( Get Free Report 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. Recommended Stories Receive News & Ratings for Grab Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grab and related companies with MarketBeat.
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