Deal Dispatch: PharmChem Forgoes Banker To Run Sale, TGI Fridays Sells 19 Restaurants For $3.1 Million
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 07 2025
0mins
Source: Benzinga
PharmChem and Other Mergers: PharmChem, Inc. is exploring strategic alternatives including mergers or sales, while other companies like Ontario Teachers’ Pension Plan and Paysafe are also involved in significant sale processes, with valuations reaching billions.
Bankruptcy and Acquisitions: TGI Fridays continues to sell locations amid bankruptcy proceedings, and various firms such as Bain Capital and Brookfield are actively acquiring stakes in different companies across sectors, highlighting a trend towards cross-industry media deals.
Analyst Views on GRAB
Wall Street analysts forecast GRAB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GRAB is 7.05 USD with a low forecast of 6.30 USD and a high forecast of 8.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
10 Buy
1 Hold
0 Sell
Strong Buy
Current: 4.550
Low
6.30
Averages
7.05
High
8.00
Current: 4.550
Low
6.30
Averages
7.05
High
8.00
About GRAB
Grab Holdings Limited is a superapp in Southeast Asia, operating across the deliveries, mobility and digital financial services sectors. Its deliveries platform connects its driver and merchant partners with consumers to create a local logistics platform, facilitating on-demand and scheduled delivery of daily necessities. It operates supermarkets in Malaysia under Jaya Grocer and Everrise. Its mobility offerings connect its driver-partners with consumers seeking rides across a variety of multi-modal mobility options including private cars, taxis, motorcycles in certain countries, and shared mobility options such as carpooling in selected markets. Its financial services offerings include digital solutions offered by and with its partners to address the financial needs of driver- and merchant-partners and consumers. GrabMaps is its mapping and location-based service. It serves countries such as Cambodia, Indonesia, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
