Brokerages Set Ryanair Holdings plc (NASDAQ:RYAAY) PT at $147.00

Shares of Ryanair Holdings plc (NASDAQ:RYAAY) have received an average rating of “Buy” from the eight analysts that are covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold rating, three have given a buy rating and three have assigned a strong buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $147.00.

A number of equities analysts have weighed in on RYAAY shares. Deutsche Bank Aktiengesellschaft raised Ryanair from a “hold” rating to a “buy” rating in a research report on Thursday, March 27th. StockNews.com cut Ryanair from a “buy” rating to a “hold” rating in a report on Thursday, February 6th.

Ryanair Price Performance

Shares of NASDAQ RYAAY opened at $50.40 on Friday. The business’s 50 day moving average price is $45.97 and its two-hundred day moving average price is $45.41. The company has a market cap of $26.81 billion, a PE ratio of 15.45, a price-to-earnings-growth ratio of 2.01 and a beta of 1.37. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.21. Ryanair has a twelve month low of $36.96 and a twelve month high of $51.62.

Institutional Investors Weigh In On Ryanair

A number of institutional investors have recently made changes to their positions in RYAAY. Sumitomo Mitsui Trust Group Inc. boosted its stake in shares of Ryanair by 172.2% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 75,354 shares of the transportation company’s stock valued at $3,285,000 after buying an additional 47,673 shares during the period. Perpetual Ltd boosted its stake in shares of Ryanair by 539.8% in the fourth quarter. Perpetual Ltd now owns 988,490 shares of the transportation company’s stock valued at $43,088,000 after buying an additional 833,988 shares during the period. JCIC Asset Management Inc. boosted its stake in shares of Ryanair by 154.4% in the fourth quarter. JCIC Asset Management Inc. now owns 71,018 shares of the transportation company’s stock valued at $3,096,000 after buying an additional 43,098 shares during the period. Haven Global Partners LLC bought a new stake in shares of Ryanair in the fourth quarter valued at approximately $19,029,000. Finally, Raymond James Financial Inc. bought a new stake in shares of Ryanair in the fourth quarter valued at approximately $18,445,000. Institutional investors own 43.66% of the company’s stock.

About Ryanair

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, Italy, Spain, and internationally. It is also involved in the provision of various ancillary services, such as non-flight scheduled and Internet-related services, as well as in-flight sale of beverages, food, duty-free, and merchandise; and markets car hire, travel insurance, and accommodation services through its website and mobile app.