Ryanair (NASDAQ:RYAAY) Price Target Increased to €19.20 by Analysts at UBS Group

Ryanair (NASDAQ:RYAAY – Get Rating) had its price target lifted by UBS Group from €18.90 ($19.69) to €19.20 ($20.00) in a report issued on Thursday, The Fly reports.

RYAAY has been the subject of a number of other research reports. StockNews.com assumed coverage on Ryanair in a research report on Thursday, March 31st. They set a hold rating for the company. Raymond James upgraded Ryanair from an outperform rating to a strong-buy rating and set a $125.00 price target for the company in a research report on Tuesday. JPMorgan Chase & Co. reduced their price target on Ryanair from €21.00 ($21.88) to €20.50 ($21.35) and set an overweight rating for the company in a research report on Tuesday. Zacks Investment Research upgraded Ryanair from a sell rating to a hold rating and set a $114.00 price objective for the company in a report on Friday, February 18th. Finally, Sanford C. Bernstein upgraded Ryanair from a market perform rating to an outperform rating and set a $107.00 price objective for the company in a report on Tuesday, March 22nd. Five investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of Buy and a consensus price target of $75.99.

Shares of RYAAY stock opened at $84.74 on Thursday. The company has a current ratio of 1.01, a quick ratio of 1.28 and a debt-to-equity ratio of 0.67. Ryanair has a 1 year low of $74.12 and a 1 year high of $127.25. The stock has a fifty day moving average of $87.57 and a two-hundred day moving average of $100.41.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Toroso Investments LLC lifted its holdings in shares of Ryanair by 17.5% during the first quarter. Toroso Investments LLC now owns 5,069 shares of the transportation company’s stock valued at $442,000 after purchasing an additional 756 shares during the last quarter. Capital International Sarl raised its position in Ryanair by 0.6% during the first quarter. Capital International Sarl now owns 108,570 shares of the transportation company’s stock valued at $9,459,000 after buying an additional 667 shares during the period. Capital International Ltd. CA raised its position in Ryanair by 0.3% during the first quarter. Capital International Ltd. CA now owns 76,074 shares of the transportation company’s stock valued at $6,628,000 after buying an additional 238 shares during the period. Capital International Investors raised its position in Ryanair by 18.0% during the first quarter. Capital International Investors now owns 11,270,188 shares of the transportation company’s stock valued at $981,539,000 after buying an additional 1,722,195 shares during the period. Finally, Virtu Financial LLC acquired a new position in Ryanair during the first quarter valued at $643,000.

About Ryanair (Get Rating)

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, Italy, Spain, Germany, and other European countries. It is also involved in the provision of various ancillary services, such as non-flight scheduled and Internet-related services; in-flight sale of beverages, food, and merchandise; and marketing of car hire and accommodation services, and travel insurance through its website and mobile app.

Further Reading