In a report released today, Zheng Feng Chee from DBS maintained a Buy rating on Comfortdelgro (CDGLF – Research Report), with a price target of S$1.80. The company’s shares closed last Wednesday at $1.09.

According to TipRanks, Feng Chee is an analyst with an average return of -12.5% and a 38.98% success rate. Feng Chee covers the Consumer Defensive sector, focusing on stocks such as Coca-Cola, PepsiCo, and Kraft Heinz.

Currently, the analyst consensus on Comfortdelgro is a Moderate Buy with an average price target of $1.33.

Based on Comfortdelgro’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $2.12 billion and a net profit of $95.3 million. In comparison, last year the company earned a revenue of $1.86 billion and had a net profit of $78.5 million