0819 GMT - Ryanair's robust balance sheet and strict cost discipline give it a powerful advantage over peers, Deutsche Bank analysts say in a note. The budget airline will likely exit the current turbulent period in a much stronger competitive position than rivals despite higher-for-longer jet-fuel prices meaning a more subdued outlook for net profit per passenger, the bank says. The stock price has fallen 20% since the Middle East conflict started and is now trading at a discount compared to its usual historical average. The shares look cheap at this price, DB says, keeping a buy rating on the stock. The German bank cuts the target price to 27 euros from 31.50 euros, saying that the share offers potential growth of around 20%. Shares are up 1.4% at 22.67 euros. (anthony.orunagoriainoff@dowjones.com)
(END) Dow Jones Newswires
May 20, 2026 04:19 ET (08:19 GMT)
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