Ryanair: UBS upgrades to 'buy'
(CercleFinance.com) - On Thursday UBS upgraded the Ryanair stock from "neutral" to "buy," saying better days are now ahead for the low-cost airline.
"We see share price risk on the upside and upgrade to "buy" with a new price target," the broker writes in a research report sent to clients.
UBS' new target price of 18.65 euros - against 17.75 euros previously - gives the stock upside potential of 20%.
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
"We see share price risk on the upside and upgrade to "buy" with a new price target," the broker writes in a research report sent to clients.
UBS' new target price of 18.65 euros - against 17.75 euros previously - gives the stock upside potential of 20%.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.