Ryanair Holdings PLC (RYAAY) Given Consensus Rating of “Hold” by Analysts

Shares of Ryanair Holdings PLC (NASDAQ:RYAAY) have been given a consensus recommendation of “Hold” by the eleven brokerages that are currently covering the company, Marketbeat reports. Two research analysts have rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $109.00.

A number of equities research analysts have recently issued reports on the stock. Zacks Investment Research raised shares of Ryanair from a “sell” rating to a “hold” rating in a research note on Thursday, January 25th. BidaskClub raised shares of Ryanair from a “sell” rating to a “hold” rating in a research note on Friday, January 5th. Credit Suisse Group cut shares of Ryanair from an “outperform” rating to a “neutral” rating in a research note on Monday, December 18th. ValuEngine raised shares of Ryanair from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Finally, UBS Group raised shares of Ryanair from a “neutral” rating to a “buy” rating in a research note on Thursday, January 11th.

Shares of Ryanair (NASDAQ:RYAAY) opened at $114.13 on Friday. Ryanair has a 12 month low of $78.35 and a 12 month high of $127.35. The stock has a market cap of $23,150.00, a price-to-earnings ratio of 15.53, a PEG ratio of 0.92 and a beta of 0.64. The company has a quick ratio of 1.62, a current ratio of 1.61 and a debt-to-equity ratio of 0.77.

Ryanair announced that its Board of Directors has initiated a share buyback plan on Monday, February 5th that allows the company to repurchase shares. This repurchase authorization allows the transportation company to reacquire shares of its stock through open market purchases. Shares repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

Institutional investors have recently made changes to their positions in the company. WCM Investment Management CA purchased a new stake in Ryanair during the 4th quarter valued at $368,207,000. AXA purchased a new stake in Ryanair during the 3rd quarter valued at $35,271,000. Bank of Montreal Can boosted its position in Ryanair by 625.2% during the 4th quarter. Bank of Montreal Can now owns 350,215 shares of the transportation company’s stock valued at $36,489,000 after buying an additional 301,925 shares during the period. Adelphi Capital LLP boosted its position in Ryanair by 31.9% during the 4th quarter. Adelphi Capital LLP now owns 611,951 shares of the transportation company’s stock valued at $63,759,000 after buying an additional 147,972 shares during the period. Finally, Manning & Napier Advisors LLC boosted its position in Ryanair by 26.7% during the 3rd quarter. Manning & Napier Advisors LLC now owns 609,344 shares of the transportation company’s stock valued at $64,236,000 after buying an additional 128,331 shares during the period. 40.49% of the stock is owned by institutional investors.

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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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