Comfort Delgro

Analysts mostly lift TPs on ComfortDelGro after further earnings recovery - THE EDGE SINGAPORE

Broker's Calls

Analysts mostly lift TPs on ComfortDelGro after further earnings recovery

Analysts are all keeping their "buy" and "add" calls on ComfortDelGro’s earnings of $49.9 million for the 3QFY2023 ended Sep 30.

Broker's Calls

ComfortDelGro turning a corner into recovery despite puncture in 1H20 earnings: RHB

RHB has maintained its “buy” rating on ComfortDelGro with a target price of $1.65, and says despite its low share price, it believes the worst has passed, and CDG is looking at a recovery.

Broker's Calls

ComfortDelGro to see “very weak” results for 1H2020, but worst is over: DBS

Transport operator ComfortDelGro is expecting “very weak” results for 1H2020, owing to a sharp drop in ridership during the circuit breaker period.

Broker's Calls

'Hold' ComfortDelGro in for bumpy recovery post-circuit breaker: CGS-CIMB

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.


ComfortDelGro Taxi to halve taxi rental in June after two months of full rental waivers

“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.

Broker's Calls

Markets cheered by lockdown easing, but grim long-term outlook awaits

DBS recommends investors to look at circuit-breaker casualties and top-slice beneficiaries, but the long-term outlook remains pessimistic.

Broker's Calls

ComfortDelGro a promising investment despite 12.6% drop in FY2019 earnings

“Despite the challenging environment over the next 12 months, ComfortDelgro remains in an enviable position to recover when the situation improves,” says Joel Ng of KGI Securities.
The Edge Singapore Brokers Digest 921

Broker's Calls

Brokers' Digest 921

Bumitama Agri, Valuetronics and Genting Singapore are among the stocks to watch this week.


Fare hikes and overseas expansion to give transport operators a lift

SINGAPORE (Dec 20): Transport operators in Singapore have been battered by low public-transport fares as well as the entry of another ride hailing startup, Gojek.