Besides its extensive bus, taxi and train operations in Singapore, ComfortDelGro owns bus and taxi businesses in other markets such as UK, China, and Australia.
DBS Group Research has kept its "buy" call and $1.67 target price for ComfortDelGro (SGX:C52
) , following news that the land transport operator has won a contract via a joint venture to operate the Stockholm metro for 11 years.
This marks ComfortDelGro's third overseas rail operation win following Auckland and Paris.
