BidaskClub lowered shares of Ryanair (NASDAQ:RYAAY) from a buy rating to a hold rating in a research note released on Thursday.

Other research analysts have also recently issued reports about the company. cut Ryanair from a buy rating to a reduce rating in a report on Thursday, September 14th. Kepler Capital Markets cut Ryanair from a hold rating to a reduce rating in a report on Thursday, September 21st. Zacks Investment Research cut Ryanair from a buy rating to a hold rating in a report on Wednesday, September 27th. Finally, Citigroup started coverage on Ryanair in a report on Monday, November 20th. They issued a buy rating on the stock. Four analysts have rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the company. The stock currently has an average rating of Hold and an average price target of $96.00.

Shares of Ryanair (NASDAQ RYAAY) traded down $3.34 during trading on Thursday, hitting $112.44. The company had a trading volume of 279,000 shares, compared to its average volume of 293,420. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 0.79. Ryanair has a 1 year low of $78.35 and a 1 year high of $127.35. The stock has a market cap of $27,602.18, a price-to-earnings ratio of 17.05, a PEG ratio of 0.77 and a beta of 0.62.

Several institutional investors have recently bought and sold shares of RYAAY. Private Advisor Group LLC raised its holdings in Ryanair by 1.6% during the second quarter. Private Advisor Group LLC now owns 2,461 shares of the transportation company’s stock worth $275,000 after purchasing an additional 38 shares in the last quarter. Pinnacle Associates Ltd. raised its holdings in Ryanair by 0.4% during the second quarter. Pinnacle Associates Ltd. now owns 10,483 shares of the transportation company’s stock worth $1,128,000 after purchasing an additional 43 shares in the last quarter. Baldwin Investment Management LLC increased its holdings in Ryanair by 0.5% in the second quarter. Baldwin Investment Management LLC now owns 9,095 shares of the transportation company’s stock valued at $979,000 after buying an additional 44 shares in the last quarter. Freestone Capital Holdings LLC increased its holdings in Ryanair by 1.9% in the second quarter. Freestone Capital Holdings LLC now owns 3,881 shares of the transportation company’s stock valued at $418,000 after buying an additional 74 shares in the last quarter. Finally, Advisor Group Inc. increased its holdings in Ryanair by 3.4% in the second quarter. Advisor Group Inc. now owns 2,580 shares of the transportation company’s stock valued at $277,000 after buying an additional 85 shares in the last quarter. 40.32% of the stock is currently owned by institutional investors and hedge funds.

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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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