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Brokers' take: Analysts lower forecasts on ComfortDelGro due to earnings headwinds

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With headwinds expected for FY2020 due to the effect of the Covid-19 outbreak and taxi earnings likely to remain weak, research houses have trimmed their earnings outlook for ComfortDelgro.

WITH headwinds expected for FY2020 due to the effect of the Covid-19 outbreak and taxi earnings likely to remain weak, research houses have trimmed their earnings outlook for ComfortDelgro. 

RHB Research cut the transport operator's forecast earnings for the current financial year by 12...

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