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研報掘金丨中金:維持聯影醫療“跑贏行業”評級,持續看好公司長期發展潛力
中金公司研報指出,聯影醫療發佈新一期激勵計劃,持續強化業務凝聚力。本次激勵計劃首次授予的限制性股票考覈年度爲2025-2027年三個會計年度,每個會計年度考覈一次,以公司2024年營業收入爲基數,對應2025-2027年逐年20%的收入增速目標(觸發值16%)。認爲公司發佈新一期激勵計劃,有望在競爭日益激烈的環境中鞏固人才優勢,進一步強化業務凝聚力和產出,保障業務發展的人才支撐。認爲行業競爭加劇的背景下,產品高端化佈局是重要趨勢,而頭部廠商或具備更強產品研發及品牌競爭力,更有望體現競爭格局加劇環境下的報表端韌性,持續看好公司長期發展潛力。維持目標價145.1元(基於DCF模型)不變,較當前收盤價有12%上行空間,維持“跑贏行業”評級。
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