Brokers' Take: DBS Almost Halves Target Price on Grab After Revising Valuation Metrics

The Business Times2022-05-20

DBS Group Research on Friday (May 20) slashed its target price on Grab Holdings to US$2.93 from US$5.60 but reiterated its “hold” call on the stock.The new target price represents a potential downside...

Source Link
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Safety First
    2022-05-22
    Safety First
    The DBS research report is quite fair and not biased. Grab downside is still very strong if it continues to lose money from operations.
  • Aeron2020
    2022-05-20
    Aeron2020
    wow
  • Targarean
    2022-05-20
    Targarean
    I guess he is trying to show confidence to the market. But do investors buy this ...
  • GggSlimeR
    2022-05-20
    GggSlimeR
    Sad... Thanks & Do not like my comment 
  • blessed_1
    2022-05-20
    blessed_1
    grab don't look so good at the moment. look for other names instead
  • chaicka
    2022-05-20
    chaicka
    Finally a more decent and realistic valuation...
Leave a comment
10