Ryanair shares on the Dublin Stock Exchange saw a significant increase after UBS upgraded its recommendation from 'neutral' to 'buy' and adjusted the price target. By 3:00 p.m. local time, the stock had risen more than the ISEQ 20 benchmark index, reaching its highest level since May.
UBS noted the potential for improved performance in Ryanair's outlook through 2026, citing base effects normalization and enhanced cost management. Bank of America's analysts also anticipate continued fare improvements for the airline.
Ryanair's market valuation is currently €20.9 billion, with a modest rise since the beginning of the year.