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

Ryanair Holdings PLC (NASDAQ:RYAAY - Get Free Report) has earned a consensus rating of "Buy" from the nine ratings firms that are currently covering the stock, MarketBeat 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 target price among brokerages that have issued ratings on the stock in the last year is $147.00.

Several brokerages have recently issued reports on RYAAY. Royal Bank Of Canada reiterated an "outperform" 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 report on Thursday, March 27th. Wall Street Zen lowered Ryanair from a "buy" rating to a "hold" rating in a research note on Wednesday, May 28th. Sanford C. Bernstein reaffirmed an "outperform" rating on shares of Ryanair in a research note on Wednesday, May 21st. Finally, Citigroup reiterated a "buy" rating on shares of Ryanair in a research report on Wednesday, May 21st.

Ryanair Price Performance

RYAAY stock traded up $0.01 during mid-day trading on Friday, reaching $57.68. 888,167 shares of the company's stock were exchanged, compared to its average volume of 1,654,692. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.74 and a quick ratio of 0.74. Ryanair has a 12-month low of $36.96 and a 12-month high of $58.38. The stock's 50 day moving average is $53.52 and its 200 day moving average is $47.92. The company has a market cap of $30.64 billion, a price-to-earnings ratio of 18.05, a price-to-earnings-growth ratio of 1.03 and a beta of 1.38.

Hedge Funds Weigh In On Ryanair

A number of institutional investors have recently added to or reduced their stakes in RYAAY. Avantax Advisory Services Inc. raised its position in shares of Ryanair by 2.6% during the 1st quarter. Avantax Advisory Services Inc. now owns 8,094 shares of the transportation company's stock valued at $343,000 after buying an additional 206 shares during the period. Vident Advisory LLC increased its stake in Ryanair by 2.4% during the fourth quarter. Vident Advisory LLC now owns 10,006 shares of the transportation company's stock worth $436,000 after acquiring an additional 230 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in 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 purchasing an additional 236 shares during the period. SG Americas Securities LLC lifted its stake in shares of Ryanair by 0.3% in the 1st quarter. SG Americas Securities LLC now owns 85,781 shares of the transportation company's stock valued at $3,635,000 after purchasing an additional 240 shares during the last quarter. Finally, Schechter Investment Advisors LLC grew its holdings in shares of Ryanair by 2.3% during the 4th quarter. Schechter Investment Advisors LLC now owns 11,584 shares of the transportation company's stock worth $505,000 after purchasing an additional 261 shares during the period. Hedge funds and other 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.