ComfortDelGro - RHB Research 2025-03-03: Growth To Remain Strong In 2025; BUY.

• Maintain BUY rating, with ComfortDelGro's target price rises to S$1.75, 26% upside from the current ComfortDelGro's share price. Its 2025-2026F dividend yields, at 6.1%-7.1%, are above the market average.
• - Read this at SGinvestors.io -

2024 results update.

• ComfortDelGro’s 2024 PATMI was 3% below our estimate due to higher costs, even though the revenue surprised positively.
• - Read this at SGinvestors.io -
• The other private segment reported strong growth, due to CMAC acquisitions.
• We reduce 2025F earnings by 2.9% and increase 2026F earnings by 2.5%. Our target price includes a 6% ESG premium to the stock’s fair value.

Public transport outlook.

• Read more at SGinvestors.io.

Above is an excerpt from a report by RHB Securities Research.
Clients of RHB may be the first to access the full PDF report @ https://www.rhbtradesmart.com/.

Previous report by RHB:
2025-02-04 ComfortDelGro - Working Towards Building A Global Presence.

Price targets by 5 other brokers at ComfortDelGro Target Prices.

Listing of research reports at ComfortDelGro Analyst Reports.

Relevant links:
ComfortDelGro Share Price History,
ComfortDelGro Announcements,
ComfortDelGro Dividend Payout Dates & Corporate Actions,
ComfortDelGro News