ValuEngine lowered shares of Ryanair (NASDAQ:RYAAY) from a buy rating to a hold rating in a report issued on Friday.

A number of other research firms have also issued reports on RYAAY. BidaskClub lowered shares of Ryanair from a buy rating to a hold rating in a research report on Thursday. Citigroup began coverage on shares of Ryanair in a research report on Monday, November 20th. They set a buy rating for the company. Zacks Investment Research raised shares of Ryanair from a sell rating to a hold rating in a research note on Wednesday, November 29th. Kepler Capital Markets cut shares of Ryanair from a hold rating to a reduce rating in a research note on Thursday, September 21st. Finally, cut shares of Ryanair from a buy rating to a reduce rating in a research note on Thursday, September 14th. Four equities research analysts have rated the stock with a sell rating, four have issued a hold rating and five have issued a buy rating to the company. The stock has a consensus rating of Hold and an average price target of $96.00.

Ryanair (NASDAQ RYAAY) traded down $5.85 on Friday, reaching $106.59. 1,700,232 shares of the company’s stock were exchanged, compared to its average volume of 400,900. Ryanair has a 12 month low of $78.35 and a 12 month high of $127.35. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 0.79. The stock has a market cap of $26,805.92, a price-to-earnings ratio of 16.56, a PEG ratio of 0.75 and a beta of 0.62.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Janus Henderson Group PLC acquired a new stake in Ryanair in the 2nd quarter valued at $366,606,000. FMR LLC grew its stake in Ryanair by 3.0% in the 2nd quarter. FMR LLC now owns 14,021,784 shares of the transportation company’s stock valued at $1,508,884,000 after acquiring an additional 414,790 shares during the period. AXA acquired a new stake in Ryanair in the 3rd quarter valued at $35,271,000. Marshall Wace LLP grew its stake in Ryanair by 378.1% in the 2nd quarter. Marshall Wace LLP now owns 180,408 shares of the transportation company’s stock valued at $19,484,000 after acquiring an additional 142,671 shares during the period. Finally, Manning & Napier Advisors LLC grew its stake in Ryanair by 26.7% in the 3rd quarter. Manning & Napier Advisors LLC now owns 609,344 shares of the transportation company’s stock valued at $64,236,000 after acquiring an additional 128,331 shares during the period. 40.32% of the stock is currently owned by institutional investors and hedge funds.

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Ryanair 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.

Analyst Recommendations for Ryanair (NASDAQ:RYAAY)

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