LIVE MARKETS-Reasons to smile about European equities [Reuters]
Ryanair Holdings plc - American Depositary Shares, each representing five Ordinary Shares (RYAAY)
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Source: Reuters
Welcome to the home for real time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Julien Ponthus. Reach him on Messenger to share your thoughts on market moves: julien.ponthus.thomsonreuters.com@reuters.net REASONS TO SMILE ABOUT EUROPEAN EQUITIES (1400 GMT) Hermes points out several positives in favour of European equities, including continued strong economic growth, improving confidence among corporates and "overblown" political risks. "Although challenges remain in Europe, the turnaround is striking," Martin Todd, co-manager of Hermes European Alpha at Hermes Investment Management, said in a note. "The economic improvement has plenty of room to run. As long as investors continue to quibble over European elections or macroeconomic data, we see opportunity. After all, everybody knows that it is prudent to sell amid euphoria. And that is a long way off in Europe," Todd added. European equities have perked up today, as detailed below
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News
- Ryanair (RYAAY) Upgraded to Strong Buy: Here's What You Should Know [Yahoo! Finance]Yahoo! Finance
- Ryanair faces probe in Italy over anti-competitive practices [Seeking Alpha]Seeking Alpha
- Ryanair Holdings plc (NASDAQ: RYAAY) had its price target raised by analysts at Evercore ISI from $145.00 to $155.00. They now have an "in-line" rating on the stock.MarketBeat
- Ryanair to resume flights to Israel from June [Reuters]Reuters
- Ryanair (RYAAY) Hits 52-Week High: What's Driving the Stock? [Yahoo! Finance]Yahoo! Finance
RYAAY
Analyst Actions
- 4/4/24 - Evercore ISI Group
RYAAY
Sec Filings
- 4/22/24 - Form 6-K
- 4/12/24 - Form 6-K
- 4/9/24 - Form SC
- RYAAY's page on the SEC website