Brokers' take

ComfortDelGro | Buy April 20 close: S$2.65 Target price: S$2.94 DBS Group Research, April 20

SBS Transit (SBST), a subsidiary of ComfortDelGro (CD), was awarded the third bus package with a S$480.3 million contract by the Land Transport Authority on April 19. There are a total of 26 bus services within the Seletar Bus Package, of which two will be new services. Of the remaining 24, SBST is currently operating 13 services, while SMRT currently runs the other 11 servic…