taxi operators

Maybank and UOB Kay Hian have maintained their “buy” and “hold” calls with unchanged TPs of of $1.45 and $1.37, respectively.

The recent exit of HDT Singapore Taxi and a potential merger between Grab and Gojek should help ComfortDelGro's taxi business.

RHB Group Research raises its target price to $1.90 for CDG after news of the Grab-Gojek merger and pullout of HDT Singapore.

CGS-CIMB analyst Ong Khang Chuen is maintaining “hold” on transport operator ComfortDelGro (CDG), with a reduced target price to $1.46 from $1.50 previously, largely due to the Covid-19 pandemic.

With more people making working from home a norm, Sim expects average daily ridership of just 820,000, down from 1.19 million in FY2019.

“We know that things will continue to be tough for our cabbies still but having already extended full rental waiver for the last two months, we are unable to do so for a third,” says ComfortDelGro Taxi CEO Ang Wei Neng.

SINGAPORE (Sept 9): Trans-cab Services, Singapore’s second-largest taxi operator, is reviving its plans for an initial public offering, according to people with knowledge of the matter, as the city-state prepares to tighten regulations on its ride-hail