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SINGAPORE (Nov 14): RHB Research is downgrading its call on ComfortDelGro (CDG) to “neutral” from “buy” with a lower target price of $2 from $2.60 previously, on expectations that the sequential decline in the group’s Singapore taxi fleet and hi

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.