ComfortDelGro (CDG)

Broker's Calls

CGS-CIMB upgrades ComfortDelGro to 'buy' on expectations of higher ridership

CGS-CIMB analyst Ong Kang Chuen and Cezzane See have upgraded their rating on ComfortDelGro (CDG) to “add” from “hold” with a raised target price of $1.70, compared to $1.40 previously. 

951 Broker's Digest

Broker's Calls

951 Broker's Digest

Ho Bee Land
Price target:
CGS-CIMB “add” $2.70

Higher target price on prospects of steadier recurring income

Broker's Calls

ComfortDelGro top pick for Singapore land transport sector amid continued government support: DBS Group Research

DBS Group Research analyst Andy Sim has picked ComfortDelGro (CDG) as his top pick for the land transport sector, maintaining his “buy” rating on the counter with a target price of $1.96. 

Broker's Calls

Worst has passed for ComfortDelGro, stronger recovery expected once Phase 3 kicks in: DBS

DBS Group Research has maintained a “buy” rating on ComfortDelGro with a raised target price of $1.96, compared to the previous target price of $1.63. 

All of ComfortDelGro’s listed companies reach top 20 in SGTI for the first time

Company in the news

All of ComfortDelGro’s listed companies reach top 20 in SGTI for the first time

ComfortDelGro announced on Wednesday (August 5) that all three of its listed companies, ComfortDelGro, SBS Transit and VICOM, have ranked in the top 20 spots in the Singapore Governance a

Broker's Calls

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

SINGAPORE (Jul 16): 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

'Buy' ComfortDelGro on dips as it rides through bumpy roads

SINGAPORE (June 29): Although taxi operator ComfortDelGro last Friday issued a profit guidance announcing that it is expected to report a net loss of 1H20, Maybank Kim Eng remains bullish on the st

Broker's Calls

ComfortDelGro a 'buy' as it drives to France for new business opportunities

SINGAPORE (June 22): RHB Group Research is keeping its “buy” call on taxi and public transport operator ComfortDelGro with a target price of $1.65.

Joint ventures and alliances

ComfortDelGro, RATP Dev, and Alstom to jointly bid for metro projects in France

SINGAPORE (June 19): ComfortDelGro Corporation, RATP Dev and Alstom have entered into a collaboration agreement to jointly bid for Grand Paris Express (GPE) greenfield metro projects in the Greater

Company in the news

ComfortDelGro taxis to deliver essential medical supplies in addition to food and groceries

SINGAPORE (June 2): In addition to delivering food and groceries under its month-old delivery service ComfortDelivery, ComfortDelGro’s cabbies will now deliver essential medical supplies to patient

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