BidaskClub cut shares of Ryanair (NASDAQ:RYAAY) from a hold rating to a sell rating in a report published on Wednesday, December 27th.
A number of other brokerages have also recently commented on RYAAY. Zacks Investment Research raised Ryanair from a sell rating to a hold rating in a report on Wednesday, November 29th. Citigroup began coverage on Ryanair in a research report on Monday, November 20th. They issued a buy rating for the company. lowered Ryanair from a buy rating to a reduce rating in a research report on Thursday, September 14th. Credit Suisse Group lowered Ryanair from an outperform rating to a neutral rating in a research report on Monday, December 18th. Finally, ValuEngine lowered Ryanair from a buy rating to a hold rating in a research report on Friday, December 15th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the company’s stock. The stock has an average rating of Hold and a consensus target price of $96.00.
Shares of Ryanair (NASDAQ RYAAY) opened at $109.33 on Wednesday. The company has a market capitalization of $21,980.00, a PE ratio of 15.46, a PEG ratio of 0.81 and a beta of 0.59. Ryanair has a one year low of $78.35 and a one year high of $127.35. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 0.79.
Institutional investors have recently bought and sold shares of the business. FMR LLC increased its position in shares of Ryanair by 3.0% during the second quarter. FMR LLC now owns 14,021,784 shares of the transportation company’s stock worth $1,508,884,000 after purchasing an additional 414,790 shares in the last quarter. Capital International Investors increased its position in shares of Ryanair by 0.3% during the third quarter. Capital International Investors now owns 4,450,328 shares of the transportation company’s stock worth $469,154,000 after purchasing an additional 12,553 shares in the last quarter. Janus Henderson Group PLC acquired a new stake in shares of Ryanair during the second quarter worth about $366,606,000. Renaissance Technologies LLC increased its position in shares of Ryanair by 5.6% during the second quarter. Renaissance Technologies LLC now owns 2,398,074 shares of the transportation company’s stock worth $258,057,000 after purchasing an additional 126,255 shares in the last quarter. Finally, Royal Bank of Canada increased its position in shares of Ryanair by 4.8% during the second quarter. Royal Bank of Canada now owns 2,020,013 shares of the transportation company’s stock worth $217,374,000 after purchasing an additional 93,026 shares in the last quarter. Institutional investors own 40.31% of the company’s stock.
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Ryanair Holdings plc (Ryanair Holdings) is a holding company for Ryanair Limited (Ryanair). Ryanair operates an ultra-low fare, scheduled-passenger airline serving short-haul, point-to-point routes between Ireland, the United Kingdom, Continental Europe, Morocco and Israel. Ryanair provides various ancillary services and engages in other activities connected with its core air passenger service, including non-flight scheduled services, Internet-related services, and the in-flight sale of beverages, food and merchandise.
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