Ryanair’s share price is tipped to rise by 30% over next year

RYANAIR’S share price is being tipped to rise by 30% over the next year according to a stockbroker’s report.

The budget airline, which reported a record 68% jump in net profit to 39 million earlier this week, is rated a “buy” by Goodbody Stockbrokers which has put a price target of 8 on their stock, 1.80 above its current level.

Ryanair’s share price has lost ground in the past few months as part of the wider volatility in global markets but it has not borne the brunt of the pressure on the ISEQ.