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