Bad publicity benefits Ryanair stock

While Ryanair has announced it is suing Channel 4 for their portrayal of the airline, Merrion Capital believe that the bad publicity makes for a good investment opportunity.

In a broker’s note, Merrion analyst David Holohan said that the programme shed little new light on any of the airlines practices that were not already in the public domain. Mr Holohan said that any movement in the stock price as a fall-out from the programme would give investors an opportunity to make a good return.

“Ultimately, Ryanair has an unblemished flight safety record and management are well aware that maintaining this is of paramount importance.