ComfortDelGro (CDG)

Broker's Calls

Speed bumps and quiet streets ahead for ComfortDelGro

SINGAPORE (Feb 17): Analysts are mostly neutral on land transport operator ComfortDelGro (CDG) as the group is expected to experience some headwinds amid the novel coronavirus (CoVid-19) outbreak i

Right Timing

Blue chips under pressure

SINGAPORE (Aug 2): Quarterly momentum has broken down and has weakened considerably since end July.

Broker's Calls

ComfortDelGro raised to 'neutral' by RHB as valuations look stretch after STI outperformance

SINGAPORE (June 18): RHB Research has upgraded ComfortDelGro (CD) to ‘neutral’ as the stock looks fairly priced now although it remains confident over the company’s growth recovery.

Disruption and Digitalisation

ComfortDelGro makes strategic investments in tech start-ups through venture capital fund

SINGAPORE (June 4): ComfortDelGro (CDG) announced that its six-month-old US$100 million corporate venture capital fund ComfortDelGro Ventures has made three strategic investments in transport-relat

Broker's Calls

Accumulate ComfortDelGro on dips given good track record: UOB

SINGAPORE (May 28): UOB Kay Hian recommends investors "buy" ComfortDelGro (CDG) on dips with a target price of $2.77 following the group’s results announcement.

Broker's Calls

Brokers shift gear to 'hold' for ComfortDelGro after good run

SINGAPORE (May 16): Analysts are mostly neutral on ComfortDelGro Corporation (CDG) after the group announced at 6.2% y-o-y increase in its 1Q19 earnings to $70.4 million, due to higher revenue, dri


ComfortDelGro posts 6.2% higher 1Q earnings of $70.4 mil on topline boost from acquisitions

SINGAPORE (May 14): ComfortDelGro Corporation Limited (CDG) has announced earnings of $70.4 million for the 1Q ended March, rising 6.2% from $66.3 million in 1Q18 due to higher revenue, driven by s

Broker's Calls

OCBC raises ComfortDelGro's fair value estimate amid expectations of smoother ride ahead

SINGAPORE (Apr 17): OCBC Investment Research is keeping its “hold” call on ComfortDelGro (CDG), but raising its fair value estimate to $2.63 from $2.38 on the back of improved market sentiment for

Broker's Calls

RHB says be ready to take profit from ComfortDelGro

SINGAPORE (Apr 3): RHB Securities is staying positive on ComfortDelGro’s growth in the public transportation sector but after delivering 21% YTD returns, the stock now seems fairly priced at $2.59.

Broker's Calls

ComfortDelGro started at 'hold' by Maybank with $2.45 target price; says acquisitions are key to re-rating

SINGAPORE (Mar 4): Maybank Kim Eng is starting coverage on ComfortDelGro (CDG) at “hold” with a target price of $2.45.

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