Citi Keeps Their Buy Rating on Ryanair Holdings (RYA)
In a report released today, Conor Dwyer from Citi maintained a Buy rating on Ryanair Holdings, with a price target of €32.00.
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According to TipRanks, Dwyer is a 4-star analyst with an average return of 7.5% and a 60.38% success rate. Dwyer covers the Industrials sector, focusing on stocks such as Ryanair Holdings, EasyJet, and Wizz Air Holdings.
Currently, the analyst consensus on Ryanair Holdings is a Strong Buy with an average price target of €31.80.
Based on Ryanair Holdings’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €3.21 billion and a net profit of €30.4 million. In comparison, last year the company earned a revenue of €2.96 billion and had a net profit of €148.6 million
Based on the recent corporate insider activity of 7 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of RYA in relation to earlier this year.
