Downtown Line (DTL)

Despite a strong showing in 1Q21, analysts from CGS-CIMB have lowered their target price on SBS. Find out more.

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.

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 (Aug 15): UOB Kay Hian is keeping its “buy” recommendation on ComfortDelGro with a higher target price of $3.22, up from $3.16 previously.

SINGAPORE (July 20): Credit Suisse has maintained its “outperform” rating for transport operator ComfortDelGro (CD) with a lower target price of $3.53, from $3.70 previously.