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Home / Capital / Brokers Calls

ComfortDelGro's exit from Uber tie-up comes as no surprise, says CGS-CIMB

Broker's Calls

ComfortDelGro's exit from Uber tie-up comes as no surprise, says CGS-CIMB

Michelle Zhu Published on Mon, May 28, 2018 / 11:09 AM GMT+8

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SINGAPORE (May 28): CGS-CIMB Research is maintaining its “hold” call on ComfortDelGro with an unchanged target price of $2.37 after announcing it was parting ways with Lion City Rental (LCR), Uber’s wholly-owned car rental subsidiary, in Singapore.

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