Citi and Morgan Stanley 'mixed' on outlook for airlines

29th Mar 2022 15:40

(Sharecast News) - Analysts at Citi and Morgan Stanley sounded a mixed note on the outlook for airlines.

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Evraz and Polymetal to leave FTSE 100, Howden set to join

1st Mar 2022 10:46

(Sharecast News) - Evraz and Polymetal International will drop out of the FTSE 100 after the shares were hammered by Russia's invasion of Ukraine with Howden Joinery ready to join the index of top public companies.

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European airlines and staples have greatest sensitivity to escalation in Ukraine-Russia crisis, Deutsche says

23rd Feb 2022 08:08

(Sharecast News) - The exposure of most European companies' sales and profits to Russia is "not material" but the same cannot be said of their sensitivity to higher energy costs.

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Liberum still favours BA owner IAG, Ryanair, easyJet

15th Feb 2022 12:00

(Sharecast News) - Liberum said on Tuesday that it continues to favour easyJet, IAG and Ryanair in the airline space, and that it remains optimistic there will be a resumption in the relaxation of travel curbs.

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S&P raises outlook for EasyJet credit rating to 'stable' on air traffic recovery

7th Feb 2022 12:24

(Sharecast News) - S&P Global Ratings revised its outlook for EasyJet's long-term credit rating from 'negative' to 'stable' on expectations that European airline traffic was set to continue recovering over the course of 2022.

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Omicron hits festive bookings at Ryanair

31st Jan 2022 07:08

(Sharecast News) - Ryanair Holdings reported a third-quarter loss on Monday after the Omicron variant hit passenger numbers during the peak festive booking season.

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EasyJet sees summer capacity at pre-Covid levels as losses halved

27th Jan 2022 07:03

(Sharecast News) - Low-cost airline easyJet halved first-quarter losses as Covid-19 travel restrictions were eased and reported a step-up in bookings after the UK government lifted pre-departure testing requirements.

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Stifel upgrades easyJet to 'buy'

26th Jan 2022 12:21

(Sharecast News) - Stifel upgraded shares of budget airline easyJet on Wednesday to 'buy' from 'hold' and lifted the price target to 750p from 600p, saying it expects the company's targeted growth strategy to make the most of the unfolding pent-up leisure demand this summer.

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Liberum ups Ryanair to 'buy', cites attractive entry level

19th Jan 2022 08:03

(Sharecast News) - Liberum upped Ryanair to 'buy' from 'hold' on Wednesday and lifted the price target to €19 from €17 as it took a look at the European airline sector.

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Citi expects long haul carriers to outperform short haul rivals, downgrades WizzAir

4th Jan 2022 14:26

(Sharecast News) - Analysts at Citi reiterated their 'buy' recommendation for shares of IAG while downgrading that for WizzAir to 'sell', in anticipation of a better performance by long haul carriers in comparison to their short haul peers.

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Berenberg lowers target price on EasyJet

2nd Dec 2021 10:12

(Sharecast News) - Analysts at Berenberg lowered their target price on low-cost carrier EasyJet from 800.0p to 750.0p on Thursday to account for weaker near-term performance as it braces for "a cold winter ahead".

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EasyJet sees softer demand due to Omicron Covid variant

30th Nov 2021 07:02

(Sharecast News) - Budget airline easyJet reported a softening of demand in the first quarter of the current fiscal year due to the outbreak of the new Omicron Covid variant.

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Tuesday preview: Fed's Powell, EasyJet in the spotlight

29th Nov 2021 10:23

(Sharecast News) - The market spotlight on Tuesday was likely to be on testimony from the head of the US Federal Reserve, Jerome Powell, and US Treasury Secretary Janet Yellen, both of whom were due to testify before a Senate panel on the CARES Act Relief programme.

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John Menzies extends ground services contract with easyJet

25th Nov 2021 07:46

(Sharecast News) - Aviation logistics provider John Menzies announced on Thursday that its Menzies Aviation division has secured an extension to its long-standing ground services partnership with easyJet at 21 airports across Europe.

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Kepler downgrades easyJet, slashes price target

15th Nov 2021 08:23

(Sharecast News) - Kepler Cheuvreux downgraded its stance on easyJet on Monday to 'reduce' from 'hold' and slashed the price target to 460p from 605p.

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