ComfortDelGro (CDG)

SINGAPORE (May 28): CGS-CIMB Research is maintaining its “hold” call on ComfortDelGro with an unchanged target price of $2.37 after announcing it was parting ways with Lion City Rental (LCR), Uber’s wholly-owned car rental subsidiary, in Singapore.

SINGAPORE (May 25): ComfortDelGro and Uber Technologies have agreed to dissolve the strategic agreement that they entered into last December.

SINGAPORE (May 14): RHB Research and CGS CIMB Securities are hanging to their “neutral” and “hold” calls on ComfortDelGro (CDG).

SINGAPORE (Apr 27): The future of taxis is an important issue for public transport operator ComfortDelGro. 

SINGAPORE (Apr 19): ComfortDelGro (CDG) is acquiring the business and assets of a London-based taxi circuit operator, Dial-a-Cab, for £1.2 million ($2.2 million) via its wholly-owned subsidiary in the UK, CityFleet Networks.

SINGAPORE (Apr 12): ComfortDelGro announced that its wholly-owned subsidiary, CDC Victoria, will be acquiring Australia’s Tullamarine Bus Lines (TBL) for A$32.2 million ($32.7 million) to strengthen its presence in Victoria.

SINGAPORE (Apr 10): ComfortDelGro announced that its subsidiary, ComfortDelGro Bus, will be acquiring the private bus chartering assets of AZ Bus for $10.25 million.

SINGAPORE (Apr 6): OCBC Investment Research is keeping its “buy” call on ComfortDelGro (CDG), while leaving its forecasts and fair value estimate of $2.25 unchanged for now as the Competition Commission of Singapore (CCS) continue to review Uber and G

SINGAPORE (Mar 9): Maybank Kim Eng is maintaining its “buy” call on ComfortDelGro with a target price of $2.35.

SINGAPORE (Feb 20): RHB is maintaining its “neutral” call on ComfortDelGro with a target price of $1.98.