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Brokers' take

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Published Wed, Apr 3, 2019 · 09:50 PM

ComfortDelGro | Take profit April 3: S$2.58 Target price: S$2.65 RHB Research Institute, April 3

We remain positive on ComfortDelGro's growth in the public transportation business, profit contributions from new acquisitions and likely improvement in taxi earnings amid a lack of competition from ride-hailing players.

The company also has ample debt head room that provides more inorganic growth opportunities.

Brokers' TakeComfortDelGroSasseur Reit

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