Ryanair Wins Big On Results, Bets Big On Hedging
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Is it any surprise that the airline which sells in-flight scratch-offs hit the jackpot?
Ireland's Ryanair announced on Monday it bagged a full-year net profit of €1.4 billion ($1.5 billion). The airline's CEO Michael O'Leary told the Financial Times he wants the company to chase aggressive growth, and its earnings suggest a key tactic will involve a dash of gambler's luck.
Source Fool.com
Ryanair Holdings plc ADR Stock
€106.00
-1.870%
The community is currently still undecided about Ryanair Holdings plc ADR with 2 Buy predictions and 0 Sell predictions.
With a target price of 137 € there is a positive potential of 29.25% for Ryanair Holdings plc ADR compared to the current price of 106.0 €.
