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Alleged Uber probe unlikely to shake ComfortDelGro's outlook: Maybank

Michelle Zhu
Michelle Zhu10/5/2017 10:05 AM GMT+08  • 2 min read
Alleged Uber probe unlikely to shake ComfortDelGro's outlook: Maybank
SINGAPORE (Oct 5): Maybank KimEng is remaining firm on its latest upgrade to a “buy” call on ComfortDelGro (CDG) with unchanged price target of $2.40 or 16 times FY18 forecast earnings.
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SINGAPORE (Oct 5): Maybank KimEng is remaining firm on its latest upgrade to a “buy” call on ComfortDelGro (CDG) with unchanged price target of $2.40 or 16 times FY18 forecast earnings.

In a Thursday report, analyst John Cheong says his “buy” recommendation remains unaffected by the industry talk regardless of whether it is true or not.


See: ComfortDelGro upgraded on return to comfort zone


See: Uber said to be under CPIB probe over majority-owned Lion City Rentals

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