SINGAPORE (July 1): UOB Kay Hian has maintained its "buy" recommendation and target price of $3.16 for ComfortDelgro (CD), adding that it expects limited impact from Brexit on its UK transport operations.
According to UOB's estimates, CD's UK business account for 25% of group revenue, and 19% of operating profit. Within the UK business, about 88% to 90% of revenue and 97% to 98% of operating profit comes from its bus operations, with the rest coming from its taxi business.
More Update Like - Singapore Stock Trading , Singapore Stock Market , Stock Investment Singapore & Stock Trading Counter . . . .
No comments:
Post a Comment