Analysts from CGS-CIMB Research and RHB Group Research have maintained their “buy” calls on ComfortDelGro after the transport operator announced that its joint venture (JV) secured a $1.13 billion contract to operate rail services in Auckland, New Zealand.
See: ComfortDelGro JV wins $1.13 bil rail services contract in New Zealand
While CGS-CIMB’s target price remains unchanged at $1.80, RHB has upped its target price to $2.03 from $2 previously.
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