Ryanair Holdings plc Rating Lowered to Underperform at Zacks (RYAAY)
Ryanair Holdings plc (NASDAQ:RYAAY) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a note issued to investors on Tuesday, Analyst Ratings Network reports. They currently have a $47.70 price target on the stock. Zacks‘ target price suggests a potential downside of 4.10% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Imperial Capital raised their price target on shares of Ryanair Holdings plc (NASDAQ:RYAAY) from $50.00 to $55.00 in a research note to investors on Friday. They now have an “outperform” rating on the stock. Separately, analysts at HSBC upgraded shares of Ryanair Holdings plc (NASDAQ:RYAAY) from an “underweight” rating to a “neutral” rating in a research note to investors on Friday, September 20th. Finally, analysts at UBS AG downgraded shares of Ryanair Holdings plc (NASDAQ:RYAAY) from a “buy” rating to a “neutral” rating in a research note to investors on Wednesday, September 4th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $44.08.
Shares of Ryanair Holdings plc (NASDAQ:RYAAY) traded up 0.32% on Tuesday, hitting $49.90. The stock had a trading volume of 270,568 shares. Ryanair Holdings plc has a 52 week low of $31.84 and a 52 week high of $54.74. The stock’s 50-day moving average is $48.7 and its 200-day moving average is $47.89. The company has a market cap of $14.205 billion and a price-to-earnings ratio of 20.26.
Ryanair Holdings plc (NASDAQ:RYAAY) is the holding company for Ryanair Limited (Ryanair).
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