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Broker's Calls

ComfotDelGro on 'hold' as it kick starts collaboration with Uber

SINGAPORE (Jan 19): CIMB is maintaining its “hold” call on ComfortDelGro (CD) with a target price of $2.15.

Grab brings back taxi-sharing

SINGAPORE (May 9): Grab the ride-hailing company, has announced that it is expanding GrabShare to include taxis, bringing taxi-sharing, which was first introduced in 1997, back to Singapore again.

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

ComfortDelGro a ‘buy’ after dynamic pricing of taxi fares gets the nod

SINGAPORE (March 27): OCBC is reiterating its “buy” on ComfortDelGro with a fair value of $2.95 after regulators give the go-ahead for dynamic pricing of taxi fares.
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