Analysts who follow Grab Holdings Ltd (GRAB) on average expect it to add 141.88% over the next twelve months. Those same analysts give the stock an average rating of Strong Buy.
That average rating earns Grab Holdings Ltd an Analyst Ranking of 55, which means it ranks higher than 55 of stocks, based on data compiled by InvestorsObserver.
Wall Street analysts are rating GRAB a Strong Buy today. Find out what this means to you and get the rest of the rankings on GRAB!
Why are Analyst Ratings Important?
A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement.
InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.
What's Happening With Grab Holdings Ltd Stock Today?
Grab Holdings Ltd (GRAB) stock is trading at $2.55 as of 10:10 AM on Wednesday, Jun 29, a gain of $0.03, or 0.99% from the previous closing price of $2.52. The stock has traded between $2.48 and $2.60 so far today. Volume today is light. So far 2,458,507 shares have traded compared to average volume of 36,014,500 shares.
Click Here to get the full Stock Report for Grab Holdings Ltd stock.