Ryanair Holdings PLC (NASDAQ:RYAAY) Stock Has Consensus Price Target of $73.97 According to Analysts

Key Points

• Analysts give Ryanair a consensus “Moderate Buy” rating: of 12 covering the stock, six recommend buy, one strong buy, four hold, and one sell.
• The average 12-month price target is $73.97. Ryanair shares opened at $61.75, with a reported 12-month range of $51.02 to $74.24.
• Institutional investors own 43.65% of Ryanair shares; several major holders increased their positions, while insider Carol Sharkey sold 6,166 shares.

Shares of Ryanair Holdings PLC (NASDAQ:RYAAY - Get Free Report) have received an average recommendation of "Moderate Buy" from the twelve analysts that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, four have issued a hold recommendation, six have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $73.97.

Several equities research analysts recently issued reports on the stock. Raymond James Financial reissued a "strong-buy" rating and issued a $74.00 target price on shares of Ryanair in a research report on Monday, August 24th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Ryanair in a research report on Tuesday, July 14th. Morgan Stanley started coverage on shares of Ryanair in a research note on Friday, August 14th. They set an "overweight" rating and a $62.90 price target on the stock. Weiss Ratings lowered shares of Ryanair from a "hold (c+)" rating to a "hold (c)" rating in a report on Friday, September 4th. Finally, Barclays lowered shares of Ryanair from an "overweight" rating to an "equal weight" rating in a report on Friday, October 9th.

Insider Buying and Selling at Ryanair

In other news, insider Carol Sharkey sold 6,166 shares of Ryanair stock in a transaction dated Wednesday, November 4th. The stock was sold at an average price of $28.06, for a total value of $173,017.96. Following the transaction, the insider directly owned 7,970 shares of the company's stock, valued at $223,638.20. The trade was a 43.62% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Institutional Investors Weigh In On Ryanair

Several institutional investors have recently bought and sold shares of RYAAY. Janus Henderson Group PLC raised its stake in shares of Ryanair by 3.3% in the 1st quarter. Janus Henderson Group PLC now owns 5,752,264 shares of the transportation company's stock valued at $332,480,000 after acquiring an additional 185,110 shares during the period. Wellington Management Group LLP lifted its holdings in shares of Ryanair by 0.4% during the 2nd quarter. Wellington Management Group LLP now owns 4,007,671 shares of the transportation company's stock valued at $259,497,000 after acquiring an additional 14,074 shares in the last quarter. Trinity Street Asset Management LLP lifted its holdings in shares of Ryanair by 3.2% during the 2nd quarter. Trinity Street Asset Management LLP now owns 3,567,449 shares of the transportation company's stock valued at $230,992,000 after acquiring an additional 110,700 shares in the last quarter. Sei Investments Co. boosted its position in Ryanair by 34.3% during the 1st quarter. Sei Investments Co. now owns 2,172,317 shares of the transportation company's stock worth $125,560,000 after purchasing an additional 555,029 shares during the period. Finally, Bank of America Corp DE boosted its position in Ryanair by 9.0% during the 1st quarter. Bank of America Corp DE now owns 2,052,677 shares of the transportation company's stock worth $118,645,000 after purchasing an additional 170,242 shares during the period. 43.65% of the stock is currently owned by hedge funds and other institutional investors.

Ryanair Stock Up 4.1%

RYAAY opened at $61.75 on Tuesday. Ryanair has a 12 month low of $51.02 and a 12 month high of $74.24. The business has a 50-day moving average of $54.41 and a two-hundred day moving average of $59.53. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.17 and a quick ratio of 0.79. The stock has a market capitalization of $31.98 billion, a price-to-earnings ratio of 15.67, a price-to-earnings-growth ratio of 4.86 and a beta of 1.22.

Ryanair Company Profile

Ryanair Holdings plc is an Irish airline group focused on low-fare, short-haul travel. Its airlines operate scheduled passenger flights, primarily on point-to-point routes, and offer related services such as priority boarding, seat selection and baggage options.

The group serves destinations across Europe and also operates routes to countries in North Africa and the Middle East. Its airline businesses include Ryanair, Buzz, Malta Air and Lauda Europe.

Founded in 1984, Ryanair began flying in 1985 with a route between Waterford, Ireland, and London Gatwick.

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