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Brokers' take

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ComfortDelGro believes that the opening of Downtown Line (DTL) phase 2 by Q1 2016 and phase 3 by mid-2017 will see its heavy rail business in Singapore double in terms of number of kilometers operated.

ComfortDelGro | Buy

April 8 close: S$2.94

Target price: S$3.48

Deutsche Bank Markets Research, April 7

ComfortDelGro believes that the opening of Downtown Line (DTL) phase 2 by Q1 2016 and phase 3 by mid-2017

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