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ComfortDelGro rated a buy on 'increasingly defensive' earnings: Maybank KE

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Published Mon, May 18, 2020 · 09:50 PM

    Singapore

    MAYBANK Kim Eng (Maybank KE) has reinitiated coverage on ComfortDelGro Corp with a "buy" call and a target price of S$1.99, citing an "increasingly defensive" revenue base and structural growth.

    Shares of the land transport giant closed on Monday at S$1.51, up S$0.05 or 3.43 per cent.

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    ComfortDelGro

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