Friday, November 14, 2014

ComfortDelGro kept at 'take profit' by OSK-DMG with $2.66 target price

Stock Name: ComfortDelGro
Company Name: COMFORTDELGRO CORPORATION LTD
Research House: OSK-DMGPrice Call: SELLTarget Price: 2.66



SINGAPORE (Nov 14): OSK-DMG has maintained its "take profit" call on ComfortDelGro with a target price of $2.66.

In a Nov 14 report, OSK-DMG analyst Shekhar Jaiswal says the positive outlook for its Singapore bus operations from 2H16 may already have been priced into the stock and while he expects all business segments to keep growing over 2015-16F, current valuations look less attractive.

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