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Analysts give ComfortDelGro the thumbs up, citing recovery in Singapore and other key markets

Covid-19 situation remains under control, Singapore expecting gradual resumption of business activities

Published Fri, Nov 13, 2020 · 09:50 PM

Singapore

TRANSPORT behemoth ComfortDelGro (CDG) is a "buy" given that it is seeing recovery in Singapore and other key markets as the Covid-19 situation remains under control, market observers say.

Both RHB and CGS-CIMB have a target price of S$1.70, representing a 13.3 per cent upside from the counter's Nov 13 close of S$1.50.

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Companies & Markets

Companies & Markets

Analysts give ComfortDelGro the thumbs up, citing recovery in Singapore and other key markets

KEYWORDS IN THIS ARTICLE

Companies & Markets

Yangzijiang Financial says its maritime entry not a conflict of interest with shipbuilding unit

Trafigura faces off with aluminium bulls over huge metal stash

Seatrium bags S$11 billion in FPSO contracts from Petrobras

Pound boosted with BOE seen staying on hold until after election

AEM, UMS, NetLink and Baker Tech directors acquire stock

What to expect as US moves towards faster stock settlement

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