ComfortDelGro (CDG)

SINGAPORE (May 16): Analysts are mostly neutral on ComfortDelGro Corporation (CDG) after the group announced at 6.2% y-o-y increase in its 1Q19 earnings to $70.4 million, due to higher revenue, driven by strong contributions from recent acquisitions made

SINGAPORE (May 14): ComfortDelGro Corporation Limited (CDG) has announced earnings of $70.4 million for the 1Q ended March, rising 6.2% from $66.3 million in 1Q18 due to higher revenue, driven by strong contributions from recent acquisitions made in late

SINGAPORE (Apr 17): OCBC Investment Research is keeping its “hold” call on ComfortDelGro (CDG), but raising its fair value estimate to $2.63 from $2.38 on the back of improved market sentiment for the public transport operator.

SINGAPORE (Apr 3): RHB Securities is staying positive on ComfortDelGro’s growth in the public transportation sector but after delivering 21% YTD returns, the stock now seems fairly priced at $2.59.

SINGAPORE (Mar 4): Maybank Kim Eng is starting coverage on ComfortDelGro (CDG) at “hold” with a target price of $2.45.

SINGAPORE (Feb 15): RHB Research has upgraded ComfortDelGro to “buy” with $2.65 target price given the stock could re-rate further on expected strong profit contribution from new acquisitions, continuing organic growth in public transport business and

SINGAPORE (Feb 13): ComfortDelGro, one of the world’s largest land transport companies, today announced that its FY18 earnings have increased by 0.6% to $303.3 million, compared to $301.5 million in FY17.

SINGAPORE (Feb 8): ComfortDelGro, the world’s second largest listed passenger land transport company, is announcing its 4Q18 results ended Dec on Feb 13.

SINGAPORE (Jan 23): RHB Research has an “overweight” rating on banks for the sector’s strong growth and high yields; the consumer and industrial space as defensive sector picks; as well as REITs that are beneficiaries of improving economic activity,

SINGAPORE (Dec 21): DBS has a “neutral” rating on Singapore’s transport sector in 2019, with hopes that a better-than-expected economic growth and activity globally would help improve demand volume and pricing for the transport sector.