Ryanair Holdings PLC (NASDAQ:RYAAY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued on Friday.

According to Zacks, “Ryanair operates an ultra-low cost, scheduled airline serving short-haul, point-to-point routes largely in Europe from its bases in airports across Europe. The company offers over 1,600 scheduled short-haul flights per day serving airports largely throughout Europe, with a principal fleet of Boeing 737-800 aircraft. “

A number of other equities research analysts also recently issued reports on the stock. Barclays PLC reaffirmed a “buy” rating on shares of Ryanair Holdings PLC in a research report on Tuesday, January 10th. Beaufort Securities reissued a “buy” rating on shares of Ryanair Holdings PLC in a report on Friday, October 21st. Canaccord Genuity assumed coverage on shares of Ryanair Holdings PLC in a report on Thursday, January 26th. They set a “buy” rating on the stock. Berenberg Bank assumed coverage on shares of Ryanair Holdings PLC in a report on Friday, November 11th. They set a “buy” rating on the stock. Finally, HSBC Holdings plc raised shares of Ryanair Holdings PLC from a “reduce” rating to a “hold” rating in a report on Wednesday, November 2nd. One investment analyst has rated the stock with a sell rating, five have given a hold rating and six have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $95.33.

Analyst Recommendations for Ryanair Holdings PLC (NASDAQ:RYAAY)

Shares of Ryanair Holdings PLC (NASDAQ:RYAAY) traded down 0.01% during mid-day trading on Friday, hitting $83.10. 140,474 shares of the company’s stock traded hands. Ryanair Holdings PLC has a 52 week low of $66.09 and a 52 week high of $89.67. The company has a market cap of $20.50 billion, a PE ratio of 15.19 and a beta of 0.72. The firm has a 50-day moving average of $83.46 and a 200 day moving average of $78.23.

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Several hedge funds and other institutional investors have recently bought and sold shares of RYAAY. William Blair Investment Management LLC raised its stake in Ryanair Holdings PLC by 31.7% in the second quarter. William Blair Investment Management LLC now owns 1,328,219 shares of the company’s stock worth $92,364,000 after buying an additional 319,347 shares during the period. Mirae Asset Global Investments Co. Ltd. purchased a new stake in Ryanair Holdings PLC during the third quarter valued at approximately $2,551,000. Todd Asset Management LLC raised its stake in Ryanair Holdings PLC by 8.2% in the second quarter. Todd Asset Management LLC now owns 294,137 shares of the company’s stock valued at $20,454,000 after buying an additional 22,361 shares during the last quarter. Manning & Napier Advisors LLC raised its stake in Ryanair Holdings PLC by 2.8% in the third quarter. Manning & Napier Advisors LLC now owns 1,938,000 shares of the company’s stock valued at $145,406,000 after buying an additional 52,262 shares during the last quarter. Finally, Lazard Asset Management LLC raised its stake in Ryanair Holdings PLC by 33.7% in the third quarter. Lazard Asset Management LLC now owns 3,330,852 shares of the company’s stock valued at $249,913,000 after buying an additional 838,744 shares during the last quarter. Hedge funds and other institutional investors own 42.80% of the company’s stock.

Ryanair Holdings PLC 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.

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