ComfortDelGro (CDG)

In print this week

Heavyweight stocks disrupted by new technologies, shifting consumer behaviour

SINGAPORE (June 17): New technologies and shifting consumer behaviour are destroying the reliable returns once offered by some widely owned heavyweight stocks.

Broker's Calls

Rail segment to keep ComfortDelGro’s earnings in its comfort zone

SINGAPORE (May 15): OCBC continues to rate ComfortDelGro (CDG) at “buy” with a lower fair value estimate of $2.88 from $2.95 previously, following the release of the land transport group’s 1Q results on Friday.

Results

ComfortDelGro 1Q earnings up 12% to $82.5 mil on one-off gain

SINGAPORE (May 12): ComfortDelGro saw earnings for the first quarter ended March increase by 12.4% to $82.5 million, from $73.4 million a year ago.

Broker's Calls

ComfortDelGro to rise above the land transport sector’s negative noise

SINGAPORE (April 19): Deutsche Bank is keeping its “buy” recommendation on land transport group ComfortDelGro (CDG) at a target price of $2.90, although it notes near-term pressures abound in Singapore’s taxi industry as well as projects 5-7% lower

Broker's Calls

Competition for drivers to intensify as ComforDelGro gives dynamic pricing the cold shoulder

SINGAPORE (March 30): UOB Kay Hian is keeping its “hold” rating on land transport group ComfortDelGro (CDG) at a target price of $2.47, due to the lack of strong catalysts as the local taxi industry continues to undergo structural shifts with the rece

Broker's Calls

Can ComfortDelGro grab the bull by its horns?

SINGAPORE (Feb 13): The road ahead is paved with challenges for land transport operator ComfortDelGro.

Daiwa's strategy for 2017

Is five a crowd for Singapore’s public bus operators?

SINGAPORE (Jan 25): Singapore’s bus infrastructure landscape has been transforming rapidly over the past year, and there can be only one Singapore-listed stock that could possibly gain from it all.
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