Market Analysis

Ryanair replaces easyJet on our Conviction List

  • Sectors : Market Analysis
  • Companies : easyJet | Applegreen | Ryanair Holdings

Ratings

Ratings and price correct at time of issue

Company Rating Date Previous Rating Date Closing Price
Bank of Ireland OUTPERFORM 11/03/13 Neutral 14/08/12 680c
CRH OUTPERFORM 23/05/12 Neutral 12/01/12 3138c
Dalata Hotel Group OUTPERFORM 09/09/14 Under Review 03/09/14 637c
DCC OUTPERFORM 30/06/09 N/A N/A 687500p
Grafton Group OUTPERFORM 15/12/15 Neutral 07/09/15 80300p
Kingspan Group OUTPERFORM 12/05/11 Neutral 30/06/09 4050c
Ryanair Holdings OUTPERFORM 07/12/09 Neutral 02/11/09 1602c
Smurfit Kappa Group OUTPERFORM 30/06/09 N/A N/A 3444c
Kingfisher OUTPERFORM 02/10/17 Neutral 01/07/16 30450p
Applegreen OUTPERFORM 23/07/15 N/A N/A 630c

DAVY VIEW

We are replacing easyJet with Ryanair in our Conviction List. EasyJet is up over 30% since inclusion, and we believe that earnings momentum in Ryanair is now superior. The Conviction List is up almost 5% year-to-date, outperforming the broad market (E300) by over 500bps.

Download full report with analyst certification and important disclosures

Jun 20 2018, 07:45 IST/BST

Download