Credit Suisse Group cut shares of Ryanair (NASDAQ:RYAAY) from an outperform rating to a neutral rating in a report issued on Monday, December 18th, Marketbeat.com reports.
Other equities analysts have also issued reports about the company. ValuEngine lowered Ryanair from a buy rating to a hold rating in a research note on Friday, December 15th. BidaskClub lowered Ryanair from a buy rating to a hold rating in a research note on Thursday, December 14th. Zacks Investment Research raised Ryanair from a sell rating to a hold rating in a research note on Wednesday, November 29th. Citigroup started coverage on Ryanair in a research note on Monday, November 20th. They issued a buy rating for the company. Finally, Kepler Capital Markets lowered Ryanair from a hold rating to a reduce rating in a research note on Thursday, September 21st. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the company. The stock presently has an average rating of Hold and a consensus target price of $96.00.
Ryanair (RYAAY) traded up $2.62 during mid-day trading on Monday, reaching $115.44. The company’s stock had a trading volume of 393,994 shares, compared to its average volume of 344,300. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.62 and a current ratio of 1.62. The company has a market capitalization of $22,780.00, a P/E ratio of 16.19, a price-to-earnings-growth ratio of 0.81 and a beta of 0.59. Ryanair has a 52 week low of $78.35 and a 52 week high of $127.35.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. FMR LLC grew its stake in Ryanair by 3.0% during the 2nd quarter. FMR LLC now owns 14,021,784 shares of the transportation company’s stock worth $1,508,884,000 after buying an additional 414,790 shares during the last quarter. Capital International Investors lifted its position in Ryanair by 0.3% during the 3rd quarter. Capital International Investors now owns 4,450,328 shares of the transportation company’s stock worth $469,154,000 after acquiring an additional 12,553 shares during the period. Janus Henderson Group PLC acquired a new stake in Ryanair during the 2nd quarter worth about $366,606,000. Renaissance Technologies LLC lifted its position in Ryanair by 5.6% during the 2nd quarter. Renaissance Technologies LLC now owns 2,398,074 shares of the transportation company’s stock worth $258,057,000 after acquiring an additional 126,255 shares during the period. Finally, Royal Bank of Canada lifted its position in Ryanair by 4.8% during the 2nd quarter. Royal Bank of Canada now owns 2,020,013 shares of the transportation company’s stock worth $217,374,000 after acquiring an additional 93,026 shares during the period. Institutional investors own 40.31% of the company’s stock.
Ryanair Holdings plc (Ryanair Holdings) is a holding company for Ryanair Limited (Ryanair). Ryanair operates an ultra-low fare, scheduled-passenger airline serving short-haul, point-to-point routes between Ireland, the United Kingdom, Continental Europe, Morocco and Israel. Ryanair provides various ancillary services and engages in other activities connected with its core air passenger service, including non-flight scheduled services, Internet-related services, and the in-flight sale of beverages, food and merchandise.
Receive News & Ratings for Ryanair Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ryanair and related companies with MarketBeat.com's FREE daily email newsletter.