RHB keeps SGD 1.50 target for ComfortDelGro stock

RHB Research maintained a SGD 1.50 target and a buy rating for ComfortDelGro on October 5, 2026, putting the target 19.05 percent above the last Singapore Exchange price of SGD 1.26. The report also linked the outlook to Singapore's planned 7.00 percent public transport fare increase from December 26, 2026. TradingView carried the RHB assessment dated October 5, 2026.

ComfortDelGro's latest reported operating picture is stronger on revenue than on margins. According to Simply Wall St, revenue for fiscal year 2025 reached SGD 5.06 billion, up 13.00 percent from fiscal year 2024, while net income rose 9.40 percent to SGD 230.3 million. Net margin was 4.60 percent, down from 4.70 percent.

Revenue growth meets a thinner margin

The contrast matters because the fare increase is expected to support rail revenue, while energy costs remain a constraint on earnings conversion. RHB estimated an SGD 18.8 million net revenue uplift for SBS Transit, ComfortDelGro's rail subsidiary, but described the fare change as cushioning higher operating costs rather than creating a new earnings catalyst.

Stock position and valuation

The last available Singapore Exchange price was SGD 1.26 on October 16, 2026 at 5:11 p.m. SGT. It stood within the 52-week range of SGD 1.24 to SGD 1.56, 1.61 percent above the low and 19.23 percent below the high. Trading volume was 6,274,600 shares against an average of 7,356,842.

ComfortDelGro had a market capitalization of SGD 2.7 billion and a price-to-earnings ratio of 13.03 as of October 16, 2026. Simply Wall St reported a 6.30 percent dividend yield after the SGD 0.039 interim dividend announced on August 16, 2026. The planned fare increase is dated December 26, 2026, while the next corporate reporting date has not been published in the cited investor materials.

Comparison with peers

ComfortDelGro (SGX, SGD): 13.03 price-to-earnings ratio, SGD 2.7 billion market capitalization.

Singapore's STI index (Singapore Exchange, points): plus 0.22 percent, 5,415.53 points.

Price and target distance

For investors, the key numerical gap is between the SGD 1.26 last price and the SGD 1.50 RHB target. That 19.05 percent distance is separate from the stock's 19.23 percent gap to its 52-week high, so the target is not simply a retest of the recent peak.

The last available price was SGD 1.26 on October 16, 2026 at 5:11 p.m. SGT on the Singapore Exchange, with the exchange closed on October 17, 2026.