Analysts at Peel Hunt, which rates Ryanair at 'sell' with a target price of €12 and Wizz Air at 'sell' with a 3,300p target, said in a note on Tuesday the lack of clarity on international travel is "likely to restrict short-term cash flow" for the airlines, while the risk of destinations moving between the traffic light restrictions "also likely to discourage international travel and may result in overcapacity and dressed yields". As a result, the broker said a worse 2021 summer is "likely to result in higher net debt" for both airlines while consumer behaviour may also change permanently, posing risks to demand for business travel and migration in the long term. Shares in Ryanair were down 1.7% at €16.51 in early deals, while Wizz Air dropped 0.5% to 4,949p.