"Keeping our forecasts unchanged for now, we maintain 'hold' on ComfortDelGro with $2.05 fair value," says lead analyst Eugene Chua in a Thursday note.
SINGAPORE (Jan 4): Although ComfortDelGro's tie-up with Uber is unlikely to be a game changer, OCBC says this will allow Uber app users to directly book ComfortDelGro taxis.
This should in turn help ease pressures on ComfortDelGro's fleet idle rate as this collaboration should lead to more ride requests.
