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DBS Reaffirms Their Buy Rating on Comfortdelgro (CDGLF)
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DBS Reaffirms Their Buy Rating on Comfortdelgro (CDGLF)

In a report released today, Andy Sim from DBS maintained a Buy rating on Comfortdelgro (CDGLFResearch Report), with a price target of S$1.80. The company’s shares closed last Wednesday at $1.06.

According to TipRanks, Sim is ranked #5908 out of 8805 analysts.

Comfortdelgro has an analyst consensus of Strong Buy, with a price target consensus of $1.25.

The company has a one-year high of $1.19 and a one-year low of $0.74. Currently, Comfortdelgro has an average volume of 8,000.

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Comfortdelgro (CDGLF) Company Description:

ComfortDelGro Corp. Ltd. is an investment holding company, which engages in the provision of land transportation services. It operates through the following segments: Public Transport Services; Taxi; Automotive Engineering Services; Inspection and Testing Services; Driving Centre; Car Rental and Leasing; and Bus Station. The Public Transport Services segment engages in the provision of bus and rail services to commuters travelling on public transport systems, contracted revenue for operation of scheduled services, provision of coach rental services, and ancillary advertisement. The Taxi segment engages in renting out taxis, operating taxi bureau services and ancillary advertisement. The Automotive Engineering Services segment provides vehicular maintenance and repair services, construction of specialized vehicles, assembly of bus bodies, crash repair services, engineering services, and sale of diesel. The Inspection and Testing Services segment is comprised of motor vehicle inspection services and non-vehicle testing, inspection and consultancy services. The Driving Centre segment operates driving schools. The Car Rental and Leasing segment offers renting and leasing of cars. The Bus Station segment includes commission income from fare collection. The company was founded on March 29, 2003 and is headquartered in Singapore.

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