(CercleFinance.com) – Barclays reaffirms its ‘overweight’ recommendation on Ryanair, while lowering its price target from 26 to 25 euros, in the wake of a reduction in its 2025 and 2026 estimates after the airline’s annual results Irish at low costs.
The broker points to a cautious view on unit revenues this summer, as unit costs increase, as well as an increase in capital expenditure forecasts. However, he also highlights the share buyback program that exceeded expectations.
Copyright © 2024 CercleFinance.com. All rights reserved.
The information and analyzes disseminated by Cercle Finance only constitute a decision-making aid for investors. Cercle Finance cannot be held responsible directly or indirectly following the use of information and analyzes by readers. It is recommended that any uninformed person consult a professional advisor before making any investment. This indicative information does not in any way constitute an inducement to sell or a solicitation to buy.
Did you like this article ? Share it with your friends using the buttons below.
