logo-loader
viewRyanair Holdings plc

Ryanair tipped to fly as high as €17

Zak Mir thinks the Ryanair Holdings Plc (LON:RYA) can add the best part of 20% to its share price over the summer months as he sets a €17 target for the stock.

“There’s been a slow grind higher over the past six months that was from the October floor at the €11 level,” explains Mir in the latest Proactive Investors Bulletin Board.

“Since then a slowly rising 200-day moving average and a rising trend channel from as long ago as June last year.

“The implication is that at least while hold above the €14 area we could head as high as €17 at the top of the channel over the next three to four months.”

Quick facts: Ryanair Holdings plc

Price: 15.3 EUR

LSE:RYA
Market: LSE
Market Cap: €16.8 billion
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Full interview: Search Minerals hoping to use patented technology in...

Search Minerals Inc. (CVE: SMY) President and CEO Greg Andrews joined Steve Darling from Proactive in Vancouver to discuss the company that if focuses on the exploration and development of the Critical Rare Earth Element District in Southeastern Labrador, Canada.  Andrews talks about...

6 hours, 49 minutes ago

2 min read