On Nov 12, major Wall Street analysts update their ratings for $Grab Holdings (GRAB.US)$, with price targets ranging from $4.5 to $6.
Morgan Stanley analyst Divya Gangahar maintains with a buy rating, and maintains the target price at $4.9.
J.P. Morgan analyst Ranjan Sharma maintains with a buy rating, and adjusts the target price from $5 to $5.7.
Citi analyst Alicia Yap maintains with a buy rating, and maintains the target price at $5.
Benchmark Co. analyst Fawne Jiang maintains with a buy rating, and maintains the target price at $6.
DBS analyst Sachin Mittal maintains with a buy rating, and maintains the target price at $4.5.
Furthermore, according to the comprehensive report, the opinions of $Grab Holdings (GRAB.US)$'s main analysts recently are as follows:
The company's Q3 results have solidified the view that Grab Holdings is capable of utilizing network effects to reinforce its market leadership, concurrently honing its monetization and expenditure efficiency. It is anticipated that the firm's robust earnings growth will exceed market expectations, propelled by escalating sales coupled with margin enhancement.
Grab Holdings' recent 'Beat & Raise Q3 EPS results' have been acknowledged as marking the company's fifth successive quarter of positive EBITDA and its third in a row of positive free cash flow. The long-term investment thesis remains solid, with the company's growth trajectory as the foremost Super App in Southeast Asia still on a strong path.
Here are the latest investment ratings and price targets for $Grab Holdings (GRAB.US)$ from 5 analysts:
Note:
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