In a report released today, Savanthi Syth from Raymond James maintained a Buy rating on Ryanair Holdings (RYAAY – Research Report), with a price target of $102.00. The company’s shares closed yesterday at $63.59.
According to TipRanks, Syth is a 4-star analyst with an average return of 3.6% and a 44.23% success rate. Syth covers the Industrial Goods sector, focusing on stocks such as Allegiant Travel Company, Delta Air Lines, and Southwest Airlines.
Currently, the analyst consensus on Ryanair Holdings is a Moderate Buy with an average price target of $116.00.
See today’s best-performing stocks on TipRanks >>
Based on Ryanair Holdings’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $2.6 billion and a net profit of $187.5 million. In comparison, last year the company earned a revenue of $370.5 million and had a GAAP net loss of $272.6 million
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Ireland-based Ryanair Holdings Plc is a low-cost airline company. It provides scheduled passenger airline services, internet, and other related services to third parties across a European route network. It also offers various ancillary services, and other activities connected with its core air passenger service, as well as non-flight scheduled services, internet-related services, and the in-flight sale of beverages, food, and merchandise.
Read More on RYAAY:
