Ryanair (NASDAQ:RYAAY) was downgraded by equities researchers at ValuEngine from a “buy” rating to a “hold” rating in a research report issued on Friday.

RYAAY has been the topic of several other reports. BidaskClub cut shares of Ryanair from a “buy” rating to a “hold” rating in a report on Thursday. Citigroup assumed coverage on shares of Ryanair in a research report on Monday, November 20th. They issued a “buy” rating on the stock. Zacks Investment Research upgraded shares of Ryanair from a “sell” rating to a “hold” rating in a research report on Wednesday, November 29th. Kepler Capital Markets lowered shares of Ryanair from a “hold” rating to a “reduce” rating in a research report on Thursday, September 21st. Finally, lowered shares of Ryanair from a “buy” rating to a “reduce” rating in a research report on Thursday, September 14th. Four analysts have rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $96.00.

Shares of Ryanair (NASDAQ:RYAAY) traded down $5.85 during trading hours on Friday, reaching $106.59. 1,700,232 shares of the company traded hands, compared to its average volume of 299,233. Ryanair has a twelve month low of $78.35 and a twelve month high of $127.35. The firm has a market cap of $27,602.18, a P/E ratio of 17.05, a P/E/G ratio of 0.77 and a beta of 0.62. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.62 and a quick ratio of 1.62.

Several large investors have recently bought and sold shares of the company. FMR LLC lifted its stake in shares of Ryanair by 3.0% during the 2nd quarter. FMR LLC now owns 14,021,784 shares of the transportation company’s stock valued at $1,508,884,000 after buying an additional 414,790 shares in the last quarter. Capital International Investors increased its holdings 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 bought a new stake in Ryanair during the 2nd quarter worth approximately $366,606,000. Renaissance Technologies LLC increased its holdings 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 increased its holdings 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. 40.32% of the stock is owned by institutional investors.

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Ryanair Company Profile

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.

Analyst Recommendations for Ryanair (NASDAQ:RYAAY)

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