@Ron18:$COMFORTDELGRO CORPORATION LTD(C52.SI)$ UOB Kay Hian analyst Llelleythan Tan has raised his target price on ComfortDelGro Corporation (CDG) to $1.73.UOB Kay Hian analyst Llelleythan Tan has kept a “buy” rating on ComfortDelGro Corporation (CDG) with a higher target price of $1.73 from $1.66 previously.Tan’s higher target price is pegged to its average five-year mean P/E of 16.4x. The estimated target price is due to in part to higher 2022 earnings forecasts from CDG’s new public bus service contract in Australia’s Northern Territory.On June 2, CDG’s wholly-owned subsidiary, ComfortDelGro Corporation Australia (CDC) had been awarded a six-year contract to solely operate public bus services in the Northern Territory. The contract areas cover a sig
@Trader12:Hi all. #reviewdayThe stock market continues to be on a testing ground: US futures fluctuated between profit and loss on Tuesday morning, Europe and Asia are traded in different directions. Oil Brent +1.04% - $112.13✅EVENTS:-begins two-day NATO summit in Madrid.🛢OPEC will release an annual statistical bulletin on the state of the global energy industry.11:00 🇪🇺EUR ECB President Lagarde to give a speech17:00 🇺🇸USD CB Consumer Confidence (June)In the world🌏:🖨Nike (NKE) reported higher-than-expected earnings results despite sales falling 19% in China, resulting in a 39% drop in apparel sales. Nike shares rose more than 2% during overnight trading before falling 3% on weaker-than-expected revenue guidance. The stock closed on Monday about 38% below its 52-week high.🏦After the 2022 stress test,