Ryanair (NASDAQ:RYAAY) had its target price reduced by research analysts at Raymond James from $80.00 to $77.00 in a research report issued to clients and investors on Thursday, BenzingaRatingsTable reports. The brokerage currently has an “outperform” rating on the transportation company’s stock. Raymond James’ price objective points to a potential upside of 20.97% from the company’s current price.

Several other research analysts have also recently commented on RYAAY. Deutsche Bank set a $261.00 price target on Vail Resorts and gave the company a “buy” rating in a research report on Friday, June 7th. HSBC set a €9.00 ($10.47) price target on Schaeffler and gave the company a “buy” rating in a research report on Wednesday, May 22nd. BidaskClub raised Zebra Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, July 6th. ValuEngine raised Zynerba Pharmaceuticals from a “sell” rating to a “hold” rating in a research report on Monday, April 1st. Finally, Canaccord Genuity reissued a “buy” rating and set a $1.80 price target on shares of Meridian Bioscience in a research report on Wednesday, June 5th. Five investment analysts have rated the stock with a sell rating, three have given a hold rating and seven have issued a buy rating to the company’s stock. Ryanair presently has a consensus rating of “Hold” and a consensus price target of $75.33.

Shares of NASDAQ RYAAY opened at $63.65 on Thursday. The company’s 50 day moving average is $65.48. Ryanair has a 52 week low of $60.83 and a 52 week high of $118.76. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.64. The firm has a market capitalization of $14.91 billion, a PE ratio of 12.38 and a beta of 0.79.

Ryanair (NASDAQ:RYAAY) last issued its quarterly earnings results on Monday, May 20th. The transportation company reported ($0.74) EPS for the quarter, missing the consensus estimate of ($0.64) by ($0.10). Ryanair had a net margin of 11.69% and a return on equity of 20.34%. The company had revenue of $1.45 billion for the quarter. As a group, sell-side analysts forecast that Ryanair will post 4.55 earnings per share for the current fiscal year.

A number of large investors have recently added to or reduced their stakes in the business. Diversified Trust Co grew its position in Ryanair by 67.5% during the second quarter. Diversified Trust Co now owns 40,862 shares of the transportation company’s stock worth $2,621,000 after buying an additional 16,463 shares in the last quarter. Scout Investments Inc. grew its position in Ryanair by 9.1% during the second quarter. Scout Investments Inc. now owns 296,449 shares of the transportation company’s stock worth $19,014,000 after buying an additional 24,846 shares in the last quarter. Metropolis Capital Ltd grew its position in Ryanair by 39.0% during the second quarter. Metropolis Capital Ltd now owns 1,095,696 shares of the transportation company’s stock worth $70,278,000 after buying an additional 307,671 shares in the last quarter. GYL Financial Synergies LLC acquired a new stake in shares of Ryanair in the 1st quarter valued at $224,000. Finally, First Pacific Advisors LP boosted its holdings in shares of Ryanair by 9.3% in the 1st quarter. First Pacific Advisors LP now owns 78,303 shares of the transportation company’s stock valued at $5,868,000 after purchasing an additional 6,690 shares in the last quarter. Hedge funds and other institutional investors own 43.06% of the company’s stock.

About Ryanair

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, and Other European countries. The company is also involved in the provision of various ancillary services, such as non-flight scheduled services and Internet-related services; in-flight sale of beverages, food, and merchandise; and marketing accommodation services, holidays, car hire, and travel insurance through its Website.

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