Analysts at Jefferies have predicted that Auckland International Airport (ASX:AIA) is set to meet FY23 net profit projections after tax within a guidance range of NZ$125 million to NZ$145 million.

The brokerage firm puts group revenue for the same period at NZ$601.9 million, slightly lower than consensus estimates of NZ$606.4 million.

Furthermore, Jefferies estimates FY23 EBITDA to stand at NZ$396.6 million.

It also forecasts that the continuation of international passenger recovery will benefit New Zealand’s largest airport.

Out of ten analysts, two have rated the company’s stock as ‘buy’, four as ‘hold’ and four as ‘sell’, with a median price target of A$8.75.

As of the most recent market close, the stock had risen by 4.8% this year.

Auckland International Airport (ASX:AIA) is the largest airport in New Zealand, providing both domestic and international flight services.