Ryanair Holdings plc (NASDAQ:RYAAY) Receives Consensus Recommendation of "Buy" from Brokerages

Shares of Ryanair Holdings plc (NASDAQ:RYAAY - Get Free Report) have earned an average rating of "Buy" from the nine brokerages that are covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a hold rating, five have issued a buy rating and two have given a strong buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $147.00.

A number of research firms have commented on RYAAY. Citigroup reaffirmed a "buy" rating on shares of Ryanair in a research report on Wednesday, May 21st. Deutsche Bank Aktiengesellschaft upgraded Ryanair from a "hold" rating to a "buy" rating in a research note on Thursday, March 27th. Sanford C. Bernstein reiterated an "outperform" rating on shares of Ryanair in a research report on Wednesday, May 21st. Royal Bank of Canada reissued an "outperform" rating on shares of Ryanair in a report on Wednesday, May 21st. Finally, Wall Street Zen downgraded Ryanair from a "buy" rating to a "hold" rating in a research note on Wednesday, May 28th.

Ryanair Stock Performance

RYAAY traded up $0.19 during midday trading on Tuesday, hitting $55.50. 1,299,702 shares of the company traded hands, compared to its average volume of 1,670,947. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.21. The company's 50-day moving average is $48.23 and its 200 day moving average is $46.30. Ryanair has a 52 week low of $36.96 and a 52 week high of $57.32. The firm has a market capitalization of $29.52 billion, a PE ratio of 17.01, a price-to-earnings-growth ratio of 2.01 and a beta of 1.37.

Institutional Trading of Ryanair

Several hedge funds have recently bought and sold shares of RYAAY. National Bank of Canada FI raised its position in shares of Ryanair by 198.6% during the 4th quarter. National Bank of Canada FI now owns 657 shares of the transportation company's stock valued at $29,000 after purchasing an additional 437 shares during the period. Golden State Wealth Management LLC raised its holdings in Ryanair by 100.0% during the first quarter. Golden State Wealth Management LLC now owns 962 shares of the transportation company's stock valued at $41,000 after acquiring an additional 481 shares during the period. R Squared Ltd bought a new stake in Ryanair during the fourth quarter valued at about $42,000. EverSource Wealth Advisors LLC lifted its position in shares of Ryanair by 32.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 954 shares of the transportation company's stock valued at $42,000 after acquiring an additional 236 shares in the last quarter. Finally, Redwood Park Advisors LLC bought a new position in shares of Ryanair in the fourth quarter worth about $43,000. 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.