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Broker's Calls
ComfotDelGro on 'hold' as it kick starts collaboration with Uber
SINGAPORE (Jan 19): CIMB is maintaining its “hold” call on ComfortDelGro (CD) with a target price of $2.15.
January 19, 2018
Grab brings back taxi-sharing
SINGAPORE (May 9): Grab the ride-hailing company, has announced that it is expanding GrabShare to include taxis, bringing taxi-sharing, which was first introduced in 1997, back to Singapore again.
May 09, 2017
Broker's Calls
Competition for drivers to intensify as ComforDelGro gives dynamic pricing the cold shoulder
SINGAPORE (March 30): UOB Kay Hian is keeping its “hold” rating on land transport group ComfortDelGro (CDG) at a target price of $2.47, due to the lack of strong catalysts as the local taxi industry continues to undergo structural shifts with the rece
March 30, 2017
Broker's Calls
ComfortDelGro a ‘buy’ after dynamic pricing of taxi fares gets the nod
SINGAPORE (March 27): OCBC is reiterating its “buy” on ComfortDelGro with a fair value of $2.95 after regulators give the go-ahead for dynamic pricing of taxi fares.
March 27, 2017