Ryanair Holdings PLC (NASDAQ:RYAAY) has received a consensus recommendation of “Hold” from the twelve brokerages that are covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $109.00.
Several brokerages have recently commented on RYAAY. UBS Group raised Ryanair from a “neutral” rating to a “buy” rating in a research note on Thursday. Sanford C. Bernstein raised Ryanair from an “underperform” rating to a “market perform” rating in a research note on Monday, January 8th. BidaskClub raised Ryanair from a “sell” rating to a “hold” rating in a research note on Friday, January 5th. Credit Suisse Group lowered Ryanair from an “outperform” rating to a “neutral” rating in a research note on Monday, December 18th. Finally, ValuEngine lowered Ryanair from a “buy” rating to a “hold” rating in a research note on Friday, December 15th.
Several hedge funds have recently bought and sold shares of RYAAY. Franklin Resources Inc. increased its holdings in Ryanair by 0.9% during the 2nd quarter. Franklin Resources Inc. now owns 236,776 shares of the transportation company’s stock worth $25,480,000 after purchasing an additional 2,039 shares during the period. Capital International Investors increased its holdings in Ryanair by 0.3% during the 3rd 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 during the period. Janus Henderson Group PLC purchased a new stake in Ryanair during the 2nd quarter worth about $366,606,000. USA Financial Portformulas Corp purchased a new stake in Ryanair during the 3rd quarter worth about $255,000. Finally, Capital Bank & Trust Co increased its holdings in Ryanair by 33.3% during the 3rd quarter. Capital Bank & Trust Co now owns 297,171 shares of the transportation company’s stock worth $31,328,000 after purchasing an additional 74,268 shares during the period. Hedge funds and other institutional investors own 40.31% of the company’s stock.
Ryanair (NASDAQ:RYAAY) last announced its quarterly earnings results on Tuesday, October 31st. The transportation company reported $4.34 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $4.37 by ($0.03). Ryanair had a net margin of 21.25% and a return on equity of 32.39%. sell-side analysts expect that Ryanair will post 7.17 earnings per share for the current year.
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Ryanair Company Profile
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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