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 the public transport operator. Analyst Low Pei Han notes that the share price of CDG’s 74.5%-own...

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. While CD’s dividend yield of 4% is still above the 10-year bond yield of 2.1%, RHB says this has ...

RHB Research Institute has advised the brokerage's clients to take profit on ComfortDelgro as the counter has been trading close to its fair value, adding that investors could consider buying shares if the taxi operator's stock price falls below S$2.50.

SINGAPORE (April 1): UOB Kay Hian is recommending a wide variety of yield plays offered by Singapore ranging from aviation and banks, to developers and REITs as central banks around the world continue to ease their monetary policies.    In a particular, the research house is expecting dovish disp...

SINGAPORE (April 1): UOB Kay Hian is recommending a wide variety of yield plays offered by Singapore ranging from aviation and banks, to developers and REITs as central banks around the world continue to ease their monetary policies.    In a particular, the research house is expecting dovish disp...

SINGAPORE (Mar 13): RHB Research says investors should stick with quality stocks on the Singapore market amid slowing economic growth and an uncertain external environment. Investors should also stay selective and focus on buying stocks that offer stable earnings, strong balance sheets, and sustain...

Submitted By:  Danielle Isaac Case Study:  No Drivers benefited from street hails, which accounted for 60-70% of taxi ridership in 2018. ComfortDelGro (CDG) could b...

SINGAPORE (Mar 4): Maybank Kim Eng is starting coverage on ComfortDelGro (CDG) at “hold” with a target price of $2.45. This comes on expectations the group’s transport focus and global expansion, which will provide a decent shelter amid private taxi-hailing competition, has been priced into v...

SINGAPORE (Feb 19): Singapore Finance Minister Heng Swee Keat boosted health-care and military spending, gave tax rebates to citizens and tightened rules on foreign workers ahead of an election that could come as early as this year. Heng announced a new $8 billion support package for seniors in his...

SINGAPORE (Feb 15): RHB Research has upgraded ComfortDelGro to “buy” with $2.65 target price given the stock could re-rate further on expected strong profit contribution from new acquisitions, continuing organic growth in public transport business and lack of material rise in competition so far...