ComfortDelGro (CDG)

Broker's Calls

ComfortDelGro's expansion into China sees RHB raise TP to $1.35

Analyst Shekhar Jaiswal maintains his “buy” call on CDG as it expands into taxi and vehicle inspection and green energy in China.
ComfortDelGro’s new platform fee doesn’t see analysts increase their TPs - THE EDGE SINGAPORE

Broker's Calls

ComfortDelGro’s new platform fee doesn’t see analysts increase their TPs

Maybank and UOB Kay Hian have maintained their “buy” and “hold” calls with unchanged TPs of of $1.45 and $1.37, respectively.
Grab is CGS-CIMB’s top pick among Singapore land transport players amid mass layoff - THE EDGE SINGAPORE

Broker's Calls

Grab is CGS-CIMB’s top pick among Singapore land transport players amid mass layoff

The healthy competitive landscape should aid Grab and Gojek achieve further reduction in losses.
Analysts keep 'buy' for ComfortDelGro but lower TP amid slower recovery - THE EDGE SINGAPORE

Broker's Calls

Analysts keep 'buy' for ComfortDelGro but lower TP amid slower recovery

Analysts say CDG’s 1QFY2023’s net profit was below their expectations, but are showing q-o-q improvements.

Results

CDG's 1QFY2023 patmi plunges by 56.9% y-o-y to $32.8 mil

On a q-o-q basis, CDG’s 1QFY2023 patmi rose by 28.6%.

Company in the news

ComfortDelGro’s founding chairman to retire

Mark Greaves, who has been on CDG’s board since May 2020, will replace Lim as chairman.
ComfortDelGro reports 2HFY2022 earnings of $57.8 million, 63.3% higher y-o-y  - THE EDGE SINGAPORE

Results

ComfortDelGro reports 2HFY2022 earnings of $57.8 million, 63.3% higher y-o-y

Earnings for the full year was $173 million, 40.7% higher y-o-y.
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