Ryanair (RYA) Downgraded by Raymond James to Market Perform

Ryanair (LON:RYA) was downgraded by equities researchers at Raymond James to a “market perform” rating in a research note issued on Thursday.

Several other research firms also recently weighed in on RYA. AlphaValue downgraded shares of Ryanair to a “reduce” rating in a research note on Wednesday, July 25th. Liberum Capital decreased their price target on shares of Ryanair from GBX 21 ($0.27) to GBX 18.50 ($0.24) and set a “buy” rating for the company in a research note on Wednesday, May 23rd.

LON RYA traded down GBX 1,347.60 ($17.44) during mid-day trading on Thursday, reaching GBX 13.40 ($0.17). 457,214 shares of the stock were exchanged, compared to its average volume of 2,010,000. Ryanair has a one year low of GBX 13.99 ($0.18) and a one year high of GBX 19.78 ($0.26).

About Ryanair

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, continental Europe, Morocco, and Israel. It also offers various ancillary services, such as non-flight scheduled services and Internet-related services; and markets accommodation services and travel insurance through its Website, as well as engages in the in-flight sale of beverages, food, and merchandise.

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