Ryanair Holdings plc (NASDAQ:RYAAY) Receives $158.50 Consensus Price Target from Analysts

Ryanair Holdings plc (NASDAQ:RYAAY - Get Free Report) has received a consensus rating of "Moderate Buy" from the four brokerages that are presently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a hold rating, one has given a buy rating and one has 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 $158.50.

RYAAY has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft lowered Ryanair from a "buy" rating to a "hold" rating in a research note on Friday. Evercore ISI upped their target price on shares of Ryanair from $145.00 to $155.00 and gave the company an "in-line" rating in a research note on Thursday, April 4th.

Hedge Funds Weigh In On Ryanair

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Assenagon Asset Management S.A. bought a new stake in Ryanair in the 4th quarter valued at about $3,708,000. Sprucegrove Investment Management Ltd. lifted its holdings in shares of Ryanair by 9.9% in the fourth quarter. Sprucegrove Investment Management Ltd. now owns 2,737,862 shares of the transportation company's stock worth $365,121,000 after buying an additional 246,850 shares in the last quarter. Kornitzer Capital Management Inc. KS grew its position in shares of Ryanair by 49.9% during the 4th quarter. Kornitzer Capital Management Inc. KS now owns 37,486 shares of the transportation company's stock valued at $4,999,000 after purchasing an additional 12,486 shares in the last quarter. Lincoln National Corp bought a new position in Ryanair in the 3rd quarter worth about $320,000. Finally, New York State Common Retirement Fund increased its position in shares of Ryanair by 4.0% in the fourth quarter. New York State Common Retirement Fund now owns 226,421 shares of the transportation company's stock worth $30,196,000 after purchasing an additional 8,611 shares during the last quarter. Institutional investors own 43.66% of the company's stock.

Ryanair Stock Performance

RYAAY stock traded down $5.06 during midday trading on Friday, hitting $122.64. 873,849 shares of the company traded hands, compared to its average volume of 552,018. The stock has a market capitalization of $27.96 billion, a price-to-earnings ratio of 14.00, a price-to-earnings-growth ratio of 0.38 and a beta of 1.59. Ryanair has a twelve month low of $87.18 and a twelve month high of $150.73. The company has a quick ratio of 1.00, a current ratio of 0.91 and a debt-to-equity ratio of 0.33. The business has a 50 day simple moving average of $138.43 and a 200-day simple moving average of $132.00.

Ryanair Company Profile

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.