研報掘金丨華泰證券:維持上海機場“增持”評級 股權激勵+回購
華泰證券研報指出,上海機場(600009.SH)公吿股權激勵修訂稿+回購方案,明確管理層經營目標。認為回購+股權激勵有效彰顯公司經營信心。不過考慮免税業務恢復節奏仍存不確定性,結合最新經營數據,下調2024-2026年歸母淨利潤至20.55/29.56/35.82億。目標價39.50元(前值40元),維持“增持”評級。另外,公司2Q24盈利環比穩健,過境免籤政策或將帶來流量增量上海機場1H24錄得旅客吞吐量6036萬人次,同比提升43.3%,其中浦東機場國際+地區線1475萬人次,恢復至19年同期的76%。
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