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Barclays Sticks to Its Buy Rating for Ryanair Holdings (RYA)

Tipranks - Tipranks - Tue Mar 10, 2:42AM CDT

In a report released today, Andrew Lobbenberg from Barclays maintained a Buy rating on Ryanair Holdings, with a price target of €32.50.

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Lobbenberg covers the Industrials sector, focusing on stocks such as Wizz Air Holdings, EasyJet, and International Consolidated Airlines. According to TipRanks, Lobbenberg has an average return of 0.0% and a 43.94% success rate on recommended stocks.

In addition to Barclays, Ryanair Holdings also received a Buy from J.P. Morgan’s Harry Gowers in a report issued on March 2. However, on February 20, Bernstein maintained a Hold rating on Ryanair Holdings (Dublin: RYA).

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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

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