1014 GMT - Ryanair's share price doesn't currently reflect the budget carrier's growth prospects, Bank of America analysts say in a research note. This is especially given expected earnings growth, continuing share buybacks, and a strong cash position, the analysts say. The leadership continuity, with CEO Michael O'Leary's extended contract, is also a positive and will support long-term strategy and execution, they add. The analysts expect Ryanair's ticket prices to fall slightly year on year in the first quarter, broadly in line with company guidance. However, recent booking trends across European short-haul travel have improved, which could support better pricing in the next quarter than currently forecast, they add. Shares trade 0.1% higher at 27.16 euros. (nina.kienle@wsj.com)
(END) Dow Jones Newswires
June 30, 2026 06:15 ET (10:15 GMT)
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