RBC Capital Markets
May 19, 2026
UK and European Research At A Glance
Market ReportEquitiesMacro Economic IndicatorsConsumer DiscretionaryIndustrials
RBC's research roundup covers model updates for several UK and European consumer and travel companies, emphasizing a shift in battery storage opportunities to Europe.
Key Takeaways
- 1.Burberry remains RBC's preferred turnaround idea following steady progress in FY26 results.
- 2.The recent sell-off in On the Beach Group shares is considered unjustified, with strong booking momentum reported.
- 3.Ryanair forecasts were cut due to higher fuel costs and lower revenue, yet the stock trades at historical trough levels.
Table of Contents
- Company Comments
- Industry Comments
- Investment Strategy Research
- Quick Takes
- Disclaimer
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Authors
Piral DadhaniaRoss BroadfootLori Calvasina
Securities
BRBYOTBPBEERYA.ITRNWOSG
Themes
Post-Earnings Model UpdatesBESS Market Rotation
Regions
EuropeNorth AmericaUKUnited KingdomItalyCanada