Ryanair (RYAAY) Upgraded by BidaskClub to “Hold”

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

Other equities analysts also recently issued reports about the stock. Kepler Capital Markets downgraded shares of Ryanair from a “hold” rating to a “reduce” rating in a research note on Thursday, September 21st. downgraded shares of Ryanair from a “buy” rating to a “reduce” rating in a research note on Thursday, September 14th. Credit Suisse Group downgraded shares of Ryanair from an “outperform” rating to a “neutral” rating in a research note on Monday, December 18th. ValuEngine downgraded shares of Ryanair from a “buy” rating to a “hold” rating in a research note on Friday, December 15th. Finally, Zacks Investment Research upgraded shares of Ryanair from a “sell” rating to a “hold” rating in a research note on Wednesday, November 29th. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $96.00.

Ryanair (NASDAQ RYAAY) opened at $107.88 on Friday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.62 and a current ratio of 1.62. Ryanair has a one year low of $78.35 and a one year high of $127.35. The stock has a market cap of $25,573.38, a P/E ratio of 15.89, a PEG ratio of 0.80 and a beta of 0.62.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. AXA acquired a new stake in Ryanair in the third quarter valued at approximately $35,271,000. Bamco Inc. NY lifted its stake in shares of Ryanair by 24.9% during the third quarter. Bamco Inc. NY now owns 20,075 shares of the transportation company’s stock worth $2,116,000 after buying an additional 4,000 shares during the period. Cubist Systematic Strategies LLC lifted its stake in shares of Ryanair by 52.5% during the third quarter. Cubist Systematic Strategies LLC now owns 7,892 shares of the transportation company’s stock worth $832,000 after buying an additional 2,718 shares during the period. Capital Bank & Trust Co lifted 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. Finally, Capital International Investors lifted 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. Institutional investors own 40.31% of the company’s stock.

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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.

Analyst Recommendations for Ryanair (NASDAQ:RYAAY)

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