Shares of Ryanair Holdings PLC (NASDAQ:RYAAY) have been given an average recommendation of “Hold” by the fourteen brokerages that are covering the stock, MarketBeat reports. Four equities research analysts have rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $96.00.

RYAAY has been the topic of several research analyst reports. Citigroup initiated coverage on Ryanair in a report on Monday, November 20th. They issued a “buy” rating on the stock. Zacks Investment Research cut Ryanair from a “buy” rating to a “hold” rating in a report on Wednesday, September 27th. ValuEngine cut Ryanair from a “buy” rating to a “hold” rating in a report on Friday, December 15th. BidaskClub cut Ryanair from a “buy” rating to a “hold” rating in a report on Thursday, December 14th. Finally, Credit Suisse Group cut Ryanair from an “outperform” rating to a “neutral” rating in a report on Monday.

A number of hedge funds and other institutional investors have recently made changes to their positions in RYAAY. Advisors Asset Management Inc. increased its position in shares of Ryanair by 2.2% during the second quarter. Advisors Asset Management Inc. now owns 10,511 shares of the transportation company’s stock worth $1,131,000 after acquiring an additional 222 shares during the period. State of Wisconsin Investment Board increased its position in shares of Ryanair by 1.3% during the second quarter. State of Wisconsin Investment Board now owns 31,165 shares of the transportation company’s stock worth $3,354,000 after acquiring an additional 401 shares during the period. Bank of New York Mellon Corp increased its position in shares of Ryanair by 448.5% during the second quarter. Bank of New York Mellon Corp now owns 119,156 shares of the transportation company’s stock worth $12,823,000 after acquiring an additional 97,433 shares during the period. Legal & General Group Plc increased its position in shares of Ryanair by 4.6% during the second quarter. Legal & General Group Plc now owns 68,314 shares of the transportation company’s stock worth $7,349,000 after acquiring an additional 3,000 shares during the period. Finally, Renaissance Group LLC increased its position in shares of Ryanair by 0.6% during the second quarter. Renaissance Group LLC now owns 169,423 shares of the transportation company’s stock worth $18,232,000 after acquiring an additional 954 shares during the period. 40.31% of the stock is currently owned by institutional investors.

Shares of Ryanair (RYAAY) opened at $106.85 on Thursday. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 0.79. Ryanair has a twelve month low of $78.35 and a twelve month high of $127.35. The stock has a market capitalization of $20,900.00, a PE ratio of 15.22, a P/E/G ratio of 0.69 and a beta of 0.58.

TRADEMARK VIOLATION WARNING: This piece was originally published by Watch List News and is owned by of Watch List News. If you are viewing this piece on another site, it was illegally copied and republished in violation of US & international copyright law. The legal version of this piece can be read at https://www.watchlistnews.com/ryanair-holdings-plc-ryaay-receives-consensus-recommendation-of-hold-from-analysts/1775316.html.

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)

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.