Ryanair (NASDAQ:RYAAY) Price Target Raised to $90.00

Ryanair (NASDAQ:RYAAY) had its price target upped by Raymond James from $80.00 to $90.00 in a report released on Tuesday, Stock Target Advisor reports. The brokerage currently has an outperform rating on the transportation company’s stock.

A number of other research firms have also weighed in on RYAAY. Societe Generale lowered shares of Ryanair from a buy rating to a hold rating in a research note on Tuesday, August 6th. ValuEngine raised shares of Ryanair from a sell rating to a hold rating in a research note on Wednesday, October 2nd. HSBC raised shares of Ryanair from a reduce rating to a hold rating in a research note on Tuesday. Deutsche Bank lowered shares of Ryanair from a buy rating to a hold rating in a research note on Tuesday. Finally, JPMorgan Chase & Co. lowered shares of Ryanair from a neutral rating to an underweight rating in a research note on Monday, July 29th. Five research analysts have rated the stock with a sell rating, five have given a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of Hold and a consensus target price of $84.00.

NASDAQ:RYAAY opened at $85.21 on Tuesday. Ryanair has a 1-year low of $55.75 and a 1-year high of $88.71. The company has a 50-day moving average of $71.52 and a 200 day moving average of $66.78. The firm has a market cap of $18.58 billion, a PE ratio of 16.58 and a beta of 0.85. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.27 and a quick ratio of 1.08.

A number of institutional investors have recently made changes to their positions in the business. Northwestern Mutual Investment Management Company LLC raised its holdings in Ryanair by 4.9% in the third quarter. Northwestern Mutual Investment Management Company LLC now owns 15,671 shares of the transportation company’s stock worth $1,040,000 after purchasing an additional 725 shares in the last quarter. Comgest Global Investors S.A.S. raised its holdings in Ryanair by 86.8% in the third quarter. Comgest Global Investors S.A.S. now owns 125,700 shares of the transportation company’s stock worth $8,344,000 after purchasing an additional 58,400 shares in the last quarter. Massachusetts Financial Services Co. MA raised its holdings in Ryanair by 21.7% in the third quarter. Massachusetts Financial Services Co. MA now owns 8,363,263 shares of the transportation company’s stock worth $555,152,000 after purchasing an additional 1,492,971 shares in the last quarter. SG Americas Securities LLC raised its holdings in Ryanair by 120.1% in the third quarter. SG Americas Securities LLC now owns 34,817 shares of the transportation company’s stock worth $2,311,000 after purchasing an additional 18,996 shares in the last quarter. Finally, Russell Investments Group Ltd. raised its holdings in Ryanair by 1.3% in the third quarter. Russell Investments Group Ltd. now owns 85,559 shares of the transportation company’s stock worth $5,629,000 after purchasing an additional 1,079 shares in the last quarter. Institutional investors and hedge funds own 49.92% of the company’s stock.

Ryanair Company Profile

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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Analyst Recommendations for Ryanair (NASDAQ:RYAAY)

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