Ryanair (NASDAQ:RYAAY) had its price objective reduced by Raymond James from $80.00 to $77.00 in a research note issued to investors on Thursday morning, BenzingaRatingsTable reports. They currently have an outperform rating on the transportation company’s stock.
A number of other research firms have also recently commented on RYAAY. BidaskClub upgraded Zebra Technologies from a hold rating to a buy rating in a research report on Saturday, July 6th. JPMorgan Chase & Co. set a €20.00 ($23.26) target price on STMicroelectronics and gave the stock a buy rating in a research report on Tuesday, May 21st. Deutsche Bank set a $261.00 target price on Vail Resorts and gave the stock 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. Finally, ValuEngine upgraded Zynerba Pharmaceuticals from a sell rating to a hold rating in a research report on Monday, April 1st. Five equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and seven have assigned a buy rating to the stock. The stock currently has an average rating of Hold and an average price target of $75.33.
RYAAY opened at $63.65 on Thursday. The business’s 50-day moving average price is $65.48. The company has a debt-to-equity ratio of 0.64, a current ratio of 0.93 and a quick ratio of 0.93. Ryanair has a one year low of $60.83 and a one year high of $118.76. The firm has a market capitalization of $14.91 billion, a PE ratio of 12.24 and a beta of 0.79.
Hedge funds have recently modified their holdings of the stock. Pinnacle Bank acquired a new position in Ryanair during the 4th quarter worth approximately $31,000. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp acquired a new position in Ryanair during the 4th quarter worth approximately $84,000. Quadrant Capital Group LLC increased its position in Ryanair by 69.7% during the 1st quarter. Quadrant Capital Group LLC now owns 1,583 shares of the transportation company’s stock worth $116,000 after purchasing an additional 650 shares during the period. Quantamental Technologies LLC acquired a new position in Ryanair during the 1st quarter worth approximately $129,000. Finally, NumerixS Investment Technologies Inc increased its position in Ryanair by 171.4% during the 4th quarter. NumerixS Investment Technologies Inc now owns 1,900 shares of the transportation company’s stock worth $136,000 after purchasing an additional 1,200 shares during the period. Hedge funds and other institutional investors own 43.06% of the company’s stock.
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.
Read More: Why is the LIBOR significant?
Receive News & Ratings for Ryanair Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ryanair and related companies with MarketBeat.com's FREE daily email newsletter.