Flash Report - Equity /
Global

Altimeter is on track to Grab its target

  • On Tuesday, Grab announced a 92% yoy rise in adjusted net sales

  • It is on track to reach our adjusted net sales forecast of 40% yoy in FY21

  • We reiterate our strong Buy on AGC US, with our target price of US$16.50 implying 54% upside

Altimeter is on track to Grab its target
Nirgunan Tiruchelvam
Nirgunan Tiruchelvam

Head of Consumers Equity Research

Tellimer Research
15 September 2021
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