Ryanair's CEO Michael O'Leary could be close to receiving a â¬100m stock bonus as its shares have exceeded â¬21 at least three times this year. This incentive requires the stock price to remain above â¬21 for 28 consecutive days or for the company to achieve an annual profit of â¬2.2bn. Financial analysts, including Goldman Sachs, are optimistic about Ryanair's performance, recently upgrading their price target to â¬26.50, up from â¬25 just two weeks ago, indicating strong confidence in Ryanair's trajectory.
The incentive is triggered if share price stays above â¬21 for 28 consecutive days or firm hits an annual profit of â¬2.2bn.
Ryanair's share price has exceeded â¬21 three times so far this year, potentially bringing its group chief executive Michael O'Leary closer to a â¬100m stock bonus.
Goldman Sachs reiterated its 'buy' rating on Ryanair stock this week, and raised its 12-month price target for the airline's shares to â¬26.50.
They had pencilled in just two weeks ago a lower price target of â¬25 for Ryanair stock, showing a positive adjustment based on recent performance.
Collection
[
|
...
]