Ryanair still Barclays top pick despite weak performance
Investors “nervous" carrier will expoit volatility to introduce low initial guidance
Budget airline Ryanair has “heavily underperformed” in the aviation sector and wider market in the last month, according to new analysis of the aviation sector.
Investors are “nervous that the company will take the opportunity of April/May volatility to introduce a particularly low” initial guidance for its likely performance next year when it announces full-year results later this month, said a report into the European aviation sector by analysts at Barclays.
“Another bumpy ...
