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Analysts mostly lift TPs on ComfortDelGro after further earnings recovery

Douglas Toh
Douglas Toh • 5 min read
Analysts mostly lift TPs on ComfortDelGro after further earnings recovery
The analysts at UOBKH, DBS, Maybank and RHB have all raised their respective target prices to $1.69 from $1.61 previously, $1.67 from $1.65 previously, $1.55 from $1.50 previously and $1.50 from $1.46 previously. Photo: CDG
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Analysts from UOB Kay Hian Research, DBS Group Research, CGS-CIMB Research, Maybank Securities, RHB Bank Singapore and PhillipCapital are all keeping their “buy” and “add” calls following ComfortDelGro (SGX:C52) ’s (CDG) earnings of $49.9 million for the 3QFY2023 ended Sept 30.

See more: ComfortDelGro 3QFY2023 earnings up 54.5% y-o-y on improved public transport segment

The analysts at UOBKH, DBS, Maybank and RHB have all raised their respective target prices to $1.69 from $1.61 previously, $1.67 from $1.65 previously, $1.55 from $1.50 previously and $1.50 from $1.46 previously. 

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