Ryanair: UBS raises target price
(CercleFinance.com) - UBS maintains its Buy rating on Ryanair shares, raising its target price for them from E22.
5 to E24.3.
"While the share price is up more than 35% YTD we still think there is further to go," the broker commented.
Ryanair reported 2022-23 net profit of E1.43bn, nothing like the loss of E355m a year ago.
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
5 to E24.3.
"While the share price is up more than 35% YTD we still think there is further to go," the broker commented.
Ryanair reported 2022-23 net profit of E1.43bn, nothing like the loss of E355m a year ago.
Copyright (c) 2023 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.