The Business Times

Companies & Markets

The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

SUBSCRIBERS

Brokers' take

Published Wed, Apr 3, 2019 · 09:50 PM
Share this article.

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.

KEYWORDS IN THIS ARTICLE

ComfortDelGro
Sasseur Reit

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

newspaper iconPurchase this articleshopping cart icon

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here