ComfortDelGro's Earnings Likely to Remain Strong This Year -- Market Talk

Dow Jones

Mar 03, 2025

0318 GMT - ComfortDelGro's earning growth is likely to remain strong this year, says Shekhar Jaiswal, RHB Singapore head of equity research, in a note. The brokerage raises the stock's target price to S$1.75 from S$1.70, while maintaining a buy rating. The Singapore-listed transport conglomerate will likely be supported by factors, including margin improvement in the U.K. bus business and better earnings for the Singapore rail business, he writes. Management noted that contract renewals for U.K. bus contracts are expected to see improving margins, he says. The company's Singapore rail earnings should also improve marginally due to improving ridership, higher fares and lower electricity prices that were locked in last year, he adds. Shares are at S$1.42.(amanda.lee@wsj.com)

(END) Dow Jones Newswires

March 02, 2025 22:18 ET (03:18 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2516731515"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2516731515\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2516731515?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-03-03 11:18","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2516731515","market":"fut","top_or_hot":-1,"title":"ComfortDelGro's Earnings Likely to Remain Strong This Year -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0318 GMT - ComfortDelGro's earning growth is likely to remain strong this year, says Shekhar Jaiswal, RHB Singapore head of equity research, in a note. The brokerage raises the stock's target price to S$1.75 from S$1.70, while maintaining a buy rating. The Singapore-listed transport conglomerate will likely be supported by factors, including margin improvement in the U.K. bus business and better earnings for the Singapore rail business, he writes. Management noted that contract renewals for U.K. bus contracts are expected to see improving margins, he says. The company's Singapore rail earnings should also improve marginally due to improving ridership, higher fares and lower electricity prices that were locked in last year, he adds. Shares are at S$1.42.(amanda.lee@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 02, 2025 22:18 ET (03:18 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ComfortDelGro's Earnings Likely to Remain Strong This Year -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nComfortDelGro's Earnings Likely to Remain Strong This Year -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-03-03 11:18</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0318 GMT - ComfortDelGro's earning growth is likely to remain strong this year, says Shekhar Jaiswal, RHB Singapore head of equity research, in a note. The brokerage raises the stock's target price to S$1.75 from S$1.70, while maintaining a buy rating. The Singapore-listed transport conglomerate will likely be supported by factors, including margin improvement in the U.K. bus business and better earnings for the Singapore rail business, he writes. Management noted that contract renewals for U.K. bus contracts are expected to see improving margins, he says. The company's Singapore rail earnings should also improve marginally due to improving ridership, higher fares and lower electricity prices that were locked in last year, he adds. Shares are at S$1.42.(amanda.lee@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 02, 2025 22:18 ET (03:18 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"C52.SI","symbol_name":"康福德高企业","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2516731515","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2516731515","pubTimestamp":1740971880,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0318 GMT - ComfortDelGro's earning growth is likely to remain strong this year, says Shekhar Jaiswal, RHB Singapore head of equity research, in a note. The brokerage raises the stock's target price to S$1.75 from S$1.70, while maintaining a buy rating. The Singapore-listed transport conglomerate will likely be supported by factors, including margin improvement in the U.K. bus business and better earnings for the Singapore rail business, he writes. Management noted that contract renewals for U.K. bus contracts are expected to see improving margins, he says. The company's Singapore rail earnings should also improve marginally due to improving ridership, higher fares and lower electricity prices that were locked in last year, he adds. Shares are at S$1.42.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"C52.SI":"康福德高企业"},"translate_title":"康福德高今年的盈利可能保持强劲——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"C52.SI":1},"content_text":"0318 GMT - ComfortDelGro's earning growth is likely to remain strong this year, says Shekhar Jaiswal, RHB Singapore head of equity research, in a note. The brokerage raises the stock's target price to S$1.75 from S$1.70, while maintaining a buy rating. The Singapore-listed transport conglomerate will likely be supported by factors, including margin improvement in the U.K. bus business and better earnings for the Singapore rail business, he writes. Management noted that contract renewals for U.K. bus contracts are expected to see improving margins, he says. The company's Singapore rail earnings should also improve marginally due to improving ridership, higher fares and lower electricity prices that were locked in last year, he adds. Shares are at S$1.42.(amanda.lee@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 02, 2025 22:18 ET (03:18 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}