Opportunities this week:
- Ryanair has issued a solid set of FY25 results (Year-end 31/03/2025) and outlined its reassuring outlook for the summer months. OVERWEIGHT PT: €25.30.
- We are upgrading our PT on Bank of Ireland to €12.70 from €11.50, following a review of our valuation metrics. We continue to rate the stock as an overweight.
- In what was a strong set of results for Q3’25, Diageo reported organic revenue growth of 5.9%, ahead of expectations for +2.7%, and a material improvement on the 2.5% decline experienced in Q3’24. NEUTRAL PT: £22.60