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Barclays upgrades five European airlines on falling fuel costs

Investing.com · ·by G4L

RYAAY Ryanair Holdings Plc ADR
$61.21 -0.87%
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  1. 1Barclays has upgraded the ratings of five European airlines citing falling fuel costs.
  2. 2Air France-KLM's price target rose from 9 euros to 18 euros, with EBIT estimates for fiscal years 2026 and 2027 increased by 46% and 100% respectively.
  3. 3The aviation industry outlook brightened considering Ryanair's 25% fuel hedge ratio for fiscal year 2028 and Norwegian Air Shuttle's 22% fuel hedge ratio for fiscal year 2027.

So what's the key point?

Investment ratings for five European airlines were raised because fuel prices are expected to decrease. Air France-KLM is expected to see its stock price rise, and its profit forecasts have been significantly increased.

Source Investing.com · View original ↗

Related 3-line summaries

Ryanair Holdings Beats Market Expectations for Fiscal Q2 Profit and Revenue Associated Press · Nov 2Ryanair considers wage freeze and ticket price hikes amid rising fuel costs BBC +2 · Nov 2Ryanair warns of approximately 2 billion euro increase in fuel costs next year and 15% drop in first-half profit Investing.com +3 · Nov 2
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