Bank of America Securities analyst Muneeba Kayani reiterated a Buy rating on Ryanair Holdings (RYA – Research Report) today and set a price target of €27.00.
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Muneeba Kayani’s rating is based on Ryanair’s strong summer demand and favorable fare trends, which are expected to drive profit growth despite modest cost inflation. The airline’s first and second quarter fares are projected to rise significantly, contributing to an unchanged net income estimate for FY26. Additionally, Ryanair’s price objective has been raised due to improved pricing trends and the lifting of non-EU ownership restrictions, allowing shares to trade at a higher P/E ratio.
Ryanair’s positive outlook is further supported by confirmed traffic growth and improved Boeing delivery timelines, which enhance operational efficiency. The airline’s strategic fuel hedging and a substantial share buyback program also bolster financial stability, suggesting potential for further shareholder returns. These factors, combined with a strong balance sheet and market share gains, underpin the Buy rating recommendation.
In another report released today, UBS also maintained a Buy rating on the stock with a €25.50 price target.