Ryanair (RYAAY) Upgraded at BidaskClub

Ryanair (NASDAQ:RYAAY) was upgraded by BidaskClub from a “sell” rating to a “hold” rating in a research report issued on Friday.

Several other equities analysts also recently issued reports on RYAAY. downgraded shares of Ryanair from a “buy” rating to a “reduce” rating in a research note on Thursday, September 14th. Kepler Capital Markets downgraded shares of Ryanair from a “hold” rating to a “reduce” rating in a research note on Thursday, September 21st. Zacks Investment Research downgraded shares of Ryanair from a “buy” rating to a “hold” rating in a research note on Wednesday, September 27th. Citigroup initiated coverage on shares of Ryanair in a research note on Monday, November 20th. They issued a “buy” rating for the company. Finally, ValuEngine downgraded shares of Ryanair from a “buy” rating to a “hold” rating in a research note on Friday, December 15th. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $96.00.

Ryanair (NASDAQ RYAAY) traded up $0.76 during midday trading on Friday, reaching $108.64. 304,400 shares of the company’s stock traded hands, compared to its average volume of 326,225. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 0.79. Ryanair has a one year low of $78.35 and a one year high of $127.35. The firm has a market capitalization of $25,573.38, a P/E ratio of 16.00, a PEG ratio of 0.80 and a beta of 0.62.

Institutional investors and hedge funds have recently made changes to their positions in the company. Franklin Resources Inc. boosted its stake in shares of Ryanair by 0.9% during the second quarter. Franklin Resources Inc. now owns 236,776 shares of the transportation company’s stock worth $25,480,000 after buying an additional 2,039 shares during the period. Capital International Investors boosted its stake 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 buying an additional 12,553 shares during the period. Janus Henderson Group PLC acquired a new stake in shares of Ryanair during the second quarter worth about $366,606,000. USA Financial Portformulas Corp acquired a new stake in shares of Ryanair during the third quarter worth about $255,000. Finally, Capital Bank & Trust Co boosted its stake in shares of Ryanair by 33.3% during the third quarter. Capital Bank & Trust Co now owns 297,171 shares of the transportation company’s stock worth $31,328,000 after buying an additional 74,268 shares during the period. Institutional investors and hedge funds own 40.31% of the company’s stock.

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About Ryanair

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.

Analyst Recommendations for Ryanair (NASDAQ:RYAAY)

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