Rob Sanderson analyst at Loop Capital Markets reiterates coverage on Grab (GRAB) in the tech stock sector with a Buy rating. TipRanks.com has Sanderson rated as a 4.7 star analyst with a 57% return on investment and a 9.8% success rate. Sanderson has set a price target of $4.
TipRanks.com reports that Grab stock currently has 5 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $4.52. The target pricing ranges from a high forecast of $5.4 down to a low forecast of $4. Grab (GRAB) stock's last closing price was $3.27 which would put the average price target at 46.18% upside.
In addition, TradingView.com issued a neutral rating for GRAB over the next month, Barchart.com has a sell rating and Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on GRAB's stock.
Other analysts covering GRAB stock include:
- Piyush Choudhary of HSBC issued a Buy rating with the price target of $4.4 on 22 hours ago
- Sachin Salgaonkar of Bank of America Securities issued a Buy rating with the price target of $4.7 on 1 day ago
- Venugopal Garre of Bernstein issued a Buy rating with the price target of $4.1 on 1 day ago
- Divya Gangahar of Morgan Stanley issued a Buy rating with the price target of $5.4 on 4 days ago
Just a reminder, one resource you need to consider using Tipranks.com where as a premium member you get access to all buy ratings, price targets and insider trading signals.
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