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DBS, Maybank KE cut target price for ComfortDelGro

Transport giant hit by lower rail ridership in S'pore, a weaker Aussie dollar, and fewer routes in the UK

Published Tue, May 26, 2020 · 09:50 PM
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Singapore

TWO analysts on Tuesday lowered their target prices on the stock of land transport giant ComfortDelGro Corp.

Maybank Kim Eng maintained its "buy" call but reduced its target price to S$1.98 from S$1.99. DBS Group Research maintained its "hold" call with a new target price of S$1.50, down from S$1.55.

Maybank Kim Eng reduced its fo…

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