Deutsche Bank Aktiengesellschaft lowered shares of Ryanair (NASDAQ:RYAAY – Free Report) from a buy rating to a hold rating in a research note issued to investors on Friday, Marketbeat reports.
Separately, Evercore ISI increased their price target on shares of Ryanair from $145.00 to $155.00 and gave the stock an in-line rating in a research report on Thursday, April 4th. Three analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Ryanair has a consensus rating of Moderate Buy and a consensus target price of $158.50.
Read Our Latest Stock Analysis on Ryanair
Ryanair Stock Performance
Hedge Funds Weigh In On Ryanair
A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Cornerstone Planning Group LLC grew its position in shares of Ryanair by 1,523.5% in the 3rd quarter. Cornerstone Planning Group LLC now owns 276 shares of the transportation company’s stock worth $27,000 after buying an additional 259 shares during the period. Transcendent Capital Group LLC bought a new stake in Ryanair during the 1st quarter worth approximately $29,000. Bruce G. Allen Investments LLC purchased a new position in shares of Ryanair in the fourth quarter valued at $31,000. Advisors Preferred LLC bought a new stake in shares of Ryanair during the fourth quarter worth $31,000. Finally, GAMMA Investing LLC raised its holdings in shares of Ryanair by 44.9% in the first quarter. GAMMA Investing LLC now owns 242 shares of the transportation company’s stock valued at $35,000 after acquiring an additional 75 shares in the last quarter. Hedge funds and other institutional investors own 43.66% 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, Italy, Spain, and internationally. It is also involved in the provision of various ancillary services, such as non-flight scheduled and Internet-related services, as well as in-flight sale of beverages, food, duty-free, and merchandise; and markets car hire, travel insurance, and accommodation services through its website and mobile app.
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