ComfortDelgro

Broker's Calls

Transport sector gets an 'overweight' as contracts are finalised

SINGAPORE (Aug 15): RHB is maintaining its “overweight” rating for the local land transport sector, with a “buy” call for ComfortDelGro (CD), along with a target price of $3.25.

Market Close

STI closes 1.5% higher at 2,870.78

SINGAPORE (Aug 8): Singapore shares ended higher Monday with banks leading the gains.
ComfortDelGro

Broker's Calls

Will ComfortDelGro ride on new rail financing framework?

SINGAPORE (July 20): Credit Suisse has maintained its “outperform” rating for transport operator ComfortDelGro (CD) with a lower target price of $3.53, from $3.70 previously.

SMRT train recalls undermine investor optimism

SINGAPORE (July 8): Daiwa Capital Markets is reaffirming its “underperform” rating on SMRT Corp with an unchanged target price of $1.34, meaning the stock is expected to underperform the local index by 5 – 15% over the next 12 months.  
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Broker's Calls

ComfortDelgro kept at ‘buy’ by UOB; special dividend expected

SINGAPORE (July 1): UOB Kay Hian has maintained its “buy” recommendation and target price of $3.16 for ComfortDelgro (CD), adding that it expects limited impact from Brexit on its UK transport operations.

Broker's Calls

ComfortDelGro to ‘remain resilient’ against Brexit, private hire car services: OCBC

SINGAPORE (June 29): OCBC Investment Research on Wednesday said ComfortDelGro is likely to “remain resilient” in the face of Brexit and private car hires services such as GrabCar and UberX.

Broker's Calls

ComfortDelgro kept at ‘buy’ RHB with lower $3.25 target on Brexit worries

SINGAPORE (June 27): RHB Research is keeping its “buy” call on ComfortDelgro but lowering its target price to $3.25 to $3.40 after lowering its earnings by 4–4.8% for FY2016 and FY2017.
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