ComfortDelGro Rated BUY at $1.80 by DBS: Why? | The Investing Iguana 🦖
🟩In this insightful video, we'll dive deep into the reasons behind DBS's resounding "BUY" rating and an ambitious target price of S$1.80 for ComfortDelGro, one of the leading land transport operators globally. Brace yourselves as we unravel the strategic growth levers that have caught the attention of DBS analysts. $ComfortDelGro(C52.SI)$
From ComfortDelGro's shift towards a commission-based business model for its taxi fleet to the anticipated turnaround in its UK public transport operations, we'll explore the multiple factors driving the bank's bullish stance. Additionally, we'll delve into the potential impact of higher rail fares in Singapore and the company's strategic bolt-on acquisitions, such as A2B and CMAC, on its future earnings growth.
Join us as we dissect DBS's raised earnings forecasts for FY24 and FY25, reflecting their confidence in ComfortDelGro's ability to capitalize on the evolving transportation landscape. With a comprehensive analysis of the company's growth drivers, we'll shed light on why DBS believes there's room for consensus estimates to catch up.
Whether you're an investor seeking exposure to the transportation and logistics sectors or simply curious about the inner workings of financial analysis, this video promises to be an informative and engaging experience. Get ready to gain valuable insights into ComfortDelGro's growth prospects and the rationale behind DBS's optimistic outlook.
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- Ligercub·03-22TOPI buyed this very cheaps, every1 needs to take bus n taxi. Everyday. Sure make money!1Report