Ryanair Holdings PLC (NASDAQ:RYAAY) Receives $147.00 Consensus Price Target from Analysts

Ryanair Holdings PLC (NASDAQ:RYAAY) has been assigned a consensus recommendation of “Buy” from the ten ratings firms that are presently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and three have assigned a strong buy recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $108.50.

Several analysts have recently issued reports on the stock. Royal Bank Of Canada reiterated an “outperform” rating on shares of Ryanair in a research note on Wednesday, May 21st. Deutsche Bank Aktiengesellschaft raised shares of Ryanair from a “hold” rating to a “buy” rating in a research report on Thursday, March 27th. Raymond James Financial reissued a “strong-buy” rating on shares of Ryanair in a research report on Wednesday. Citigroup reaffirmed a “buy” rating on shares of Ryanair in a report on Wednesday, May 21st. Finally, Wall Street Zen lowered Ryanair from a “buy” rating to a “hold” rating in a report on Wednesday, May 28th.

Hedge Funds Weigh In On Ryanair

Several institutional investors have recently bought and sold shares of RYAAY. Oppenheimer Asset Management Inc. lifted its holdings in Ryanair by 57.6% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 71,449 shares of the transportation company’s stock valued at $3,114,000 after purchasing an additional 26,126 shares during the last quarter. Hosking Partners LLP increased its holdings in shares of Ryanair by 19.3% in the fourth quarter. Hosking Partners LLP now owns 715,419 shares of the transportation company’s stock worth $31,185,000 after purchasing an additional 115,629 shares during the period. Jones Financial Companies Lllp boosted its stake in Ryanair by 110.3% during the fourth quarter. Jones Financial Companies Lllp now owns 2,932 shares of the transportation company’s stock valued at $128,000 after buying an additional 1,538 shares during the period. Schechter Investment Advisors LLC grew its position in Ryanair by 2.3% during the fourth quarter. Schechter Investment Advisors LLC now owns 11,584 shares of the transportation company’s stock worth $505,000 after buying an additional 261 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in Ryanair by 64.8% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 148,320 shares of the transportation company’s stock worth $6,465,000 after acquiring an additional 58,305 shares during the last quarter. Hedge funds and other institutional investors own 43.66% of the company’s stock.

Ryanair Stock Performance

Shares of Ryanair stock opened at $58.27 on Friday. Ryanair has a 52 week low of $36.96 and a 52 week high of $58.55. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 0.24. The business has a 50 day moving average price of $53.75 and a 200-day moving average price of $47.99. The company has a market cap of $30.96 billion, a PE ratio of 18.23, a price-to-earnings-growth ratio of 1.03 and a beta of 1.38.

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.