Ryanair Holdings PLC (NASDAQ:RYAAY) Given Consensus Recommendation of "Buy" by Brokerages

Shares of Ryanair Holdings PLC (NASDAQ:RYAAY - Get Free Report) have been assigned an average recommendation of "Buy" from the nine ratings firms that are presently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and two have issued a strong buy recommendation on the company. The average 12 month price objective among analysts that have covered the stock in the last year is $147.00.

RYAAY has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft raised shares of Ryanair from a "hold" rating to a "buy" rating in a research report on Thursday, March 27th. Sanford C. Bernstein reaffirmed an "outperform" rating on shares of Ryanair in a research note on Wednesday, May 21st. Citigroup reissued a "buy" rating on shares of Ryanair in a research note on Wednesday, May 21st. Wall Street Zen lowered Ryanair from a "buy" rating to a "hold" rating in a research report on Wednesday, May 28th. Finally, Royal Bank Of Canada reiterated an "outperform" rating on shares of Ryanair in a report on Wednesday, May 21st.

Ryanair Trading Down 0.6%

Ryanair stock opened at $56.99 on Friday. The stock has a 50-day moving average price of $53.03 and a 200 day moving average price of $47.74. Ryanair has a 52 week low of $36.96 and a 52 week high of $58.38. The stock has a market cap of $30.28 billion, a PE ratio of 17.83, a P/E/G ratio of 1.02 and a beta of 1.38. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 0.24.

Institutional Investors Weigh In On Ryanair

Several hedge funds and other institutional investors have recently modified their holdings of the stock. National Bank of Canada FI increased its holdings in shares of Ryanair by 198.6% in the 4th quarter. National Bank of Canada FI now owns 657 shares of the transportation company's stock valued at $29,000 after acquiring an additional 437 shares during the last quarter. Golden State Wealth Management LLC boosted its holdings in Ryanair by 100.0% in the first quarter. Golden State Wealth Management LLC now owns 962 shares of the transportation company's stock worth $41,000 after purchasing an additional 481 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in Ryanair by 32.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 954 shares of the transportation company's stock worth $42,000 after purchasing an additional 236 shares during the period. Redwood Park Advisors LLC bought a new stake in Ryanair during the fourth quarter valued at $43,000. Finally, Kayne Anderson Rudnick Investment Management LLC increased its stake in Ryanair by 1,158.0% during the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,019 shares of the transportation company's stock valued at $43,000 after purchasing an additional 938 shares during the last quarter. Institutional investors own 43.66% of the company's stock.

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.

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