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研報掘金丨國金證券:首予四川路橋“買入”評級,目標價8.55元
格隆匯 02-26 15:38
國金證券研報指出,四川省地處長江上遊、西南內陸,是支撐新時代西部大開發、長江經濟帶發展等國家戰略實施的重要地區。“十四五”以來四川交通投資保持穩定增長、跑贏全國的水平,規劃到2035年全省高速公路總規模約2萬公里,目前四川高速公路總里程突破10000 公里,未來川內高速公路里程仍有大幅增長的空間。該行看好四川路橋(600039.SH)西部大開發戰略腹地,四川基建需求好於其他傳統區域;高持股+高分紅,蜀道集團賦能依舊;經營層面逐步邁入正軌,期待業績重回增長。給以2025年9.4倍估值,目標價8.55元,首次覆蓋,給予公司“買入”評級。
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