ComfortDelGro (CDG)

DBS lifts ComfortDelGro’s TP to $2.06 on the back of potential Australia IPO  - THE EDGE SINGAPORE

Broker's Calls

DBS lifts ComfortDelGro’s TP to $2.06 on the back of potential Australia IPO

The IPO prospectus extract reveals resilient topline performance amid the Covid-19 pandemic.
RHB raises ComfortDelGro's TP to $2.10 on economic reopening play - THE EDGE SINGAPORE

Broker's Calls

RHB raises ComfortDelGro's TP to $2.10 on economic reopening play

The brokerage expects the group to see improved operating metrics amid the reopening of Singapore’s economy.
ComfortDelGro’s EV charging points business should generate high margins, but will take a few years: RHB - THE EDGE SINGAPORE

Broker's Calls

ComfortDelGro’s EV charging points business should generate high margins, but will take a few years: RHB

RHB views the business will take time to turn profitable as Singapore’s EV adoption is still in its early stages.
ComfortDelGro-ENGIE consortium wins tender for EV charging points in Central, East and West regions - THE EDGE SINGAPORE

Contracts

ComfortDelGro-ENGIE consortium wins tender for EV charging points in Central, East and West regions

More than 600 EV charging points will be installed in over 200 Singapore public car parks within the next 12 months.
Analysts keep 'buy' on ComfortDelGro following Auckland rail services contract - THE EDGE SINGAPORE

Broker's Calls

Analysts keep 'buy' on ComfortDelGro following Auckland rail services contract

RHB has upped its target price on the counter to $2.03 from $2 previously.
ComfortDelGro seeks IPO listing in Australia for Australian subsidiary - THE EDGE SINGAPORE

IPO

ComfortDelGro seeks IPO listing in Australia for Australian subsidiary

The IPO is planned for the last quarter of 2021.
ComfortDelGro buys buses and depots in Queensland, Australia for $17.5 mil - THE EDGE SINGAPORE

M&A

ComfortDelGro buys buses and depots in Queensland, Australia for $17.5 mil

CDG is acquiring the business assets of Young’s Bus Services, including 42 buses and two depots.
Broker's Digest: SGX, FLCT, HRnetGroup, ComfortDelGro, Ascendas REIT, Kimly - THE EDGE SINGAPORE

Broker's Calls

Broker's Digest: SGX, FLCT, HRnetGroup, ComfortDelGro, Ascendas REIT, Kimly

See the analysts' recommendations and target prices here.
RHB upbeat on ComfortDelGro’s new division, sees strong earnings recovery ahead - THE EDGE SINGAPORE

Broker's Calls

RHB upbeat on ComfortDelGro’s new division, sees strong earnings recovery ahead

RHB has kept its 'buy' rating for CDG and TP of $2 unchanged.
ComfortDelGro reorganises taxi, private bus and car rental services under new division, plans to launch 'mega app' - THE EDGE SINGAPORE

Transport

ComfortDelGro reorganises taxi, private bus and car rental services under new division, plans to launch 'mega app'

The app will have CDG's services offered on a single platform to customers.
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