Brokers' take

ComfortDelGro | Hold (maintained) April 16 close: S$2.61 Fair value: S$2.63 OCBC Investment Research, April 16

As at April 15, the share price of SBS Transit is up 55.9 per cent on the year, aided by earnings growth with the contributions from the Seletar and Bukit Merah Bus Packages which commenced operations from March 2018 and November 2018, respectively.

ComfortDelGro owns about 74.5 per cent of SBS Transit.