Goldman Sachs Group, Inc. (The) upgraded shares of Ryanair Holdings PLC (NASDAQ:RYAAY) from a neutral rating to a buy rating in a research note released on Thursday, MarketBeat.com reports. The firm currently has $109.00 price objective on the transportation company’s stock, up from their previous price objective of $67.56.

Several other analysts have also recently weighed in on the company. Zacks Investment Research upgraded Ryanair Holdings PLC from a sell rating to a buy rating and set a $109.00 price target on the stock in a report on Saturday, May 6th. ValuEngine cut Ryanair Holdings PLC from a buy rating to a hold rating in a report on Wednesday, May 24th. Finally, Citigroup Inc. lowered Ryanair Holdings PLC from a buy rating to a neutral rating in a research note on Wednesday, May 31st. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and nine have given a buy rating to the company. The company has an average rating of Buy and an average price target of $102.67.

Analyst Recommendations for Ryanair Holdings PLC (NASDAQ:RYAAY)

Shares of Ryanair Holdings PLC (NASDAQ:RYAAY) traded down 0.12% on Thursday, reaching $108.56. 95,284 shares of the company traded hands. The company has a market capitalization of $26.44 billion, a P/E ratio of 18.65 and a beta of 0.57. Ryanair Holdings PLC has a one year low of $66.09 and a one year high of $109.64. The firm’s 50 day moving average is $102.17 and its 200 day moving average is $88.30.

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Several large investors have recently added to or reduced their stakes in the stock. Janus Capital Management LLC increased its stake in shares of Ryanair Holdings PLC by 6.3% in the first quarter. Janus Capital Management LLC now owns 3,297,367 shares of the transportation company’s stock valued at $273,610,000 after buying an additional 195,986 shares during the period. JPMorgan Chase & Co. increased its stake in shares of Ryanair Holdings PLC by 32.9% in the first quarter. JPMorgan Chase & Co. now owns 1,661,275 shares of the transportation company’s stock valued at $137,853,000 after buying an additional 411,479 shares during the period. Ameriprise Financial Inc. increased its stake in shares of Ryanair Holdings PLC by 2.6% in the first quarter. Ameriprise Financial Inc. now owns 1,376,756 shares of the transportation company’s stock valued at $114,245,000 after buying an additional 35,330 shares during the period. BlackRock Inc. increased its stake in shares of Ryanair Holdings PLC by 2,988.0% in the first quarter. BlackRock Inc. now owns 1,306,028 shares of the transportation company’s stock valued at $108,374,000 after buying an additional 1,263,734 shares during the period. Finally, Capital Guardian Trust Co. increased its stake in shares of Ryanair Holdings PLC by 14.6% in the fourth quarter. Capital Guardian Trust Co. now owns 1,275,458 shares of the transportation company’s stock valued at $106,195,000 after buying an additional 162,808 shares during the period. Hedge funds and other institutional investors own 39.94% of the company’s stock.

About Ryanair Holdings PLC

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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