ComfortDelGro (CDG)

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. 

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

Higher target price on prospects of steadier recurring income

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. 

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. 

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

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. 

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

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.

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

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