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SINGAPORE (Oct 5): Maybank KimEng is remaining firm on its latest upgrade to a “buy” call on ComfortDelGro (CDG) with unchanged price target of $2.40 or 16 times FY18 forecast earnings.

SINGAPORE (Aug 10): Transport operator SBS Transit has announced earnings of $12.7 million for the 2Q17 ended June, representing a 75.3% increase from its earnings of $7.2 million in 2Q16 on higher revenue.  

SINGAPORE (Jan 16): CIMB Securities continues to rate land transport company ComfortDelGro at “add” with an unchanged target price of $2.91, while forecasting a FY16-18 yield of 3.9-4.7% based on an incremental payout ratio of 66-70%.   

SINGAPORE (Dec 8): CIMB is maintaining its lacklustre view of Singapore’s transport and air services companies amid stiff competition and other headwinds from foreign exchange and oil price volatility.

SINGAPORE (Nov 14): ComfortDelgro’s share price fell more than 12% over the past month, in what Maybank Kim Eng considers an “overreaction” to the announcement of a 4.2% fare cut on Oct 27 from lower energy prices.

SINGAPORE (Nov 11): Transport group ComfortDelgro posted $87.3 million in earnings for 3Q16, 2.5% higher from $85.2 million in the same quarter a year ago on the back of lower expenditure, bringing earnings per share (EPS) in 3Q to 4.05 cents compared to

SINGAPORE (Oct 31): OCBC research is maintaining a “buy” call on ComfortDelgro with a fair value of $3.09 despite news of an impending fare cut.

SINGAPORE (July 19): The announcement of the new rail financing framework (NRFF) between the Land Transport Authority and SMRT Corporation has been met with criticism over the structure of the licence charge, which unfairly penalises SMRT’s potential pr

SINGAPORE (June 27): RHB Research is keeping its “buy” call on ComfortDelgro but lowering its target price to $3.25 to $3.40 after lowering its earnings by 4–4.8% for FY2016 and FY2017.