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Bernstein Reaffirms Their Buy Rating on Ryanair Holdings (RYA)

Tipranks - Tipranks - Wed Aug 12, 5:28AM CDT

In a report released today, Alex Irving from Bernstein maintained a Buy rating on Ryanair Holdings, with a price target of €30.00.

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According to TipRanks, Irving is a 4-star analyst with an average return of 7.0% and a 55.71% success rate.

In a report released on July 28, Barclays also maintained a Buy rating on the stock with a €29.50 price target.

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Based on Ryanair Holdings’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of €4.38 billion and a net profit of €537.7 million. In comparison, last year the company earned a revenue of €4.34 billion and had a net profit of €819.9 million

Based on the recent corporate insider activity of 37 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of RYA in relation to earlier this year.

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