Royal Bank Of Canada Reiterates Outperform Rating for Ryanair Holdings (cdi) (LON:0RYA)

Ryanair Holdings (cdi) (LON:0RYA)‘s stock had its “outperform” rating reiterated by Royal Bank Of Canada in a report released on Tuesday,Digital Look reports. They presently have a GBX 29 target price on the stock. Royal Bank Of Canada’s price target points to a potential downside of 98.54% from the company’s previous close.

Ryanair Holdings (cdi) Stock Down 0.9%

Shares of LON:0RYA opened at GBX 1,982.42 on Tuesday. Ryanair Holdings has a 1 year low of GBX 1,892.34 and a 1 year high of GBX 2,632.

Ryanair Holdings plc is a major European airline group known for operating low-fare passenger air services. Through its airline operations, the company provides scheduled flights across a broad network of domestic and international routes, serving leisure and business travelers throughout Europe and beyond.

The company is best known for its low-cost model, which centers on short-haul air travel and high aircraft utilization. In addition to passenger transport, Ryanair also offers ancillary services such as reserved seating, priority boarding, checked baggage, and onboard sales, which form an important part of its overall business.

Ryanair Holdings was founded in 1984 and grew from a small Irish airline into one of Europe’s largest carriers.