Ryanair Holdings plc (NASDAQ:RYAAY) Receives Average Rating of “Buy” from Brokerages

Ryanair Holdings plc (NASDAQ:RYAAY) has been given a consensus recommendation of “Buy” by the nine analysts that are covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold rating, five have given a buy rating and two have assigned a strong buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $147.00.

Several analysts have recently commented on RYAAY shares. Royal Bank of Canada restated an “outperform” rating on shares of Ryanair in a research report on Wednesday, May 21st. Sanford C. Bernstein restated an “outperform” rating on shares of Ryanair in a research report on Wednesday, May 21st. Citigroup restated a “buy” rating on shares of Ryanair in a research report on Wednesday, May 21st. Wall Street Zen downgraded shares of Ryanair from a “buy” rating to a “hold” rating in a research report on Wednesday, May 28th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Ryanair from a “hold” rating to a “buy” rating in a research report on Thursday, March 27th.

Hedge Funds Weigh In On Ryanair

Several institutional investors have recently bought and sold shares of the stock. Avantax Advisory Services Inc. grew its stake in Ryanair by 2.6% during the first quarter. Avantax Advisory Services Inc. now owns 8,094 shares of the transportation company’s stock valued at $343,000 after acquiring an additional 206 shares in the last quarter. Vident Advisory LLC grew its stake in Ryanair by 2.4% during the fourth quarter. Vident Advisory LLC now owns 10,006 shares of the transportation company’s stock valued at $436,000 after acquiring an additional 230 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of Ryanair by 32.9% in the 4th quarter. EverSource Wealth Advisors LLC now owns 954 shares of the transportation company’s stock worth $42,000 after buying an additional 236 shares in the last quarter. SG Americas Securities LLC grew its stake in shares of Ryanair by 0.3% in the 1st quarter. SG Americas Securities LLC now owns 85,781 shares of the transportation company’s stock worth $3,635,000 after buying an additional 240 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB grew its stake in shares of Ryanair by 8.3% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 3,369 shares of the transportation company’s stock worth $147,000 after buying an additional 259 shares in the last quarter. 43.66% of the stock is owned by hedge funds and other institutional investors.

Ryanair Stock Up 0.7%

RYAAY opened at $57.60 on Tuesday. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.21. Ryanair has a 1-year low of $36.96 and a 1-year high of $57.68. The company has a market capitalization of $30.64 billion, a PE ratio of 17.66, a PEG ratio of 2.01 and a beta of 1.38. The firm’s 50 day simple moving average is $49.32 and its two-hundred day simple moving average is $46.67.

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.