KUALA LUMPUR, Dec 15 — RHB Research has maintained its “buy” call on Malaysia Airports Holdings Bhd (MAHB) shares at a target price of RM8.05.

MAHB’s unit has bagged a project worth RM192.2 million for the repair and maintenance services of the airport special systems at Hamad International Airport in Doha, Qatar.

In a note today, the research house said the Doha job win will add RM6 million annually in earnings for FY15-FY20.

Meanwhile, Kenanga Research is maintaining its “market perform” call on MAHB with a target price of RM6.77.

Kenanga Research said it is surprised with the contract award as the research house did not expect MAHB to bag any for the year.

“However, we are neutral on the award as the impact to our FY15 estimation earnings estimate is minimal, at less than two per cent,” it added. — Bernama