Stock Track | ComfortDelGro Plummets 4.93% on DBS Downgrade and Earnings Concerns

Stock Track
05/14

ComfortDelGro's stock fell sharply by 4.93% during intraday trading on Thursday, following a significant analyst downgrade and revised earnings projections.

DBS Group Research downgraded ComfortDelGro to "fully valued" from "hold" and slashed its target price to S$1.11 from S$1.60. The analyst cited softer taxi and private-hire operations across the company's markets, with competitive pressures from Grab's aggressive driver incentives potentially shrinking ComfortDelGro's fleet size in Singapore. Additionally, flight disruptions related to the Middle East conflict are weighing on volume in the U.K. market, with a full recovery unlikely in the second half of the year despite potential easing of concerns.

The research firm cut its 2026 and 2027 earnings projections for ComfortDelGro by 22% and 28% respectively, reflecting these operational challenges and competitive headwinds.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10