Credit Suisse Group downgraded shares of Ryanair (NASDAQ:RYAAY) from an outperform rating to a neutral rating in a research note released on Monday, Marketbeat reports.

Several other research firms also recently weighed in on RYAAY. Zacks Investment Research raised shares of Ryanair from a sell rating to a hold rating in a research note on Wednesday, November 29th. Citigroup assumed coverage on shares of Ryanair in a research note on Monday, November 20th. They issued a buy rating on the stock. BidaskClub downgraded shares of Ryanair from a buy rating to a hold rating in a research note on Thursday, December 14th. downgraded shares of Ryanair from a buy rating to a reduce rating in a research note on Thursday, September 14th. Finally, ValuEngine downgraded shares of Ryanair from a buy rating to a hold rating in a research note on Friday, December 15th. Four research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the stock. The stock currently has a consensus rating of Hold and an average price target of $96.00.

Shares of Ryanair (NASDAQ:RYAAY) traded down $1.57 during midday trading on Monday, hitting $105.28. 236,800 shares of the stock traded hands, compared to its average volume of 307,707. Ryanair has a 1-year low of $78.35 and a 1-year high of $127.35. The firm has a market capitalization of $25,473.25, a price-to-earnings ratio of 15.74, a price-to-earnings-growth ratio of 0.71 and a beta of 0.62. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 0.79.

Several institutional investors have recently modified their holdings of the company. Mountain Capital Investment Advisors Inc purchased a new stake in Ryanair in the 2nd quarter valued at $112,000. Quantbot Technologies LP purchased a new stake in Ryanair in the 3rd quarter valued at $151,000. Dynamic Technology Lab Private Ltd purchased a new position in Ryanair during the 3rd quarter worth $235,000. USA Financial Portformulas Corp purchased a new position in Ryanair during the 3rd quarter worth $255,000. Finally, Private Advisor Group LLC raised its position in Ryanair by 1.6% during the 2nd quarter. Private Advisor Group LLC now owns 2,461 shares of the transportation company’s stock worth $275,000 after buying an additional 38 shares during the last quarter. Institutional investors and hedge funds own 40.31% of the company’s stock.

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About Ryanair

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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