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Bus to be main growth driver for ComfortDelGro even as taxi woes look to be over

PC Lee
PC Lee • 3 min read
Bus to be main growth driver for ComfortDelGro even as taxi woes look to be over
SINGAPORE (May 14): RHB Research and CGS CIMB Securities are hanging to their “neutral” and “hold” calls on ComfortDelGro (CDG).
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SINGAPORE (May 14): RHB Research and CGS CIMB Securities are hanging to their “neutral” and “hold” calls on ComfortDelGro (CDG).

“We believe CDG needs to finalise a definitive strategy for private hire car business soon,” says RHB analyst Shekhar Jaiswal.

And although CDG is embarking on an M&A spree, CGS CIMB says that is meant more for future growth.

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