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Brokers’ Digest: ComfortDelGro, OKP Holdings, Elite UK REIT, OCBC, Marco Polo Marine, DFI Retail Group, Frencken

The Edge Singapore
The Edge Singapore • 13 min read
Brokers’ Digest: ComfortDelGro, OKP Holdings, Elite UK REIT, OCBC, Marco Polo Marine, DFI Retail Group, Frencken
ComfortDelGro's robotaxi in Guangzhou, China. Photo: ComfortDelGro
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ComfortDelGro
Price target:
UOB Kay Hian ‘buy’ $1.71

GrabCab to be of ‘little negative impact’

ComfortDelGro will likely face further competitive pressure for its Singapore taxi business with Grab Holdings’ entry into this market. On the other hand, its continued expansion into new businesses outside Singapore may generate additional earnings.

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