Ryanair Holdings plc (NASDAQ:RYAAY – Get Rating) has been assigned a consensus rating of “Buy” from the nineteen ratings firms that are currently covering the company, MarketBeat.com reports. Five analysts have rated the stock with a hold recommendation, eleven have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $83.09.
Several research analysts have issued reports on RYAAY shares. Morgan Stanley cut their price objective on Ryanair from €21.00 ($21.88) to €20.00 ($20.83) in a research report on Tuesday, March 29th. JPMorgan Chase & Co. cut their price objective 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. UBS Group upgraded Ryanair from a “neutral” rating to a “buy” rating in a research report on Tuesday, April 12th. Raymond James upgraded Ryanair from an “outperform” rating to a “strong-buy” rating and set a $125.00 price objective for the company in a research report on Tuesday. Finally, StockNews.com started coverage on Ryanair in a research report on Thursday, March 31st. They issued a “hold” rating for the company.
Institutional investors have recently bought and sold shares of the stock. Assetmark Inc. increased its position in Ryanair by 133.6% during the 3rd quarter. Assetmark Inc. now owns 271 shares of the transportation company’s stock worth $30,000 after purchasing an additional 155 shares in the last quarter. Harding Loevner LP acquired a new stake in Ryanair in the 1st quarter worth about $48,000. Fifth Third Bancorp boosted its stake in Ryanair by 1,124.4% in the 4th quarter. Fifth Third Bancorp now owns 551 shares of the transportation company’s stock worth $56,000 after buying an additional 506 shares during the last quarter. Rockefeller Capital Management L.P. boosted its stake in Ryanair by 29.8% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 714 shares of the transportation company’s stock worth $77,000 after buying an additional 164 shares during the last quarter. Finally, Cubist Systematic Strategies LLC acquired a new stake in Ryanair in the 4th quarter worth about $77,000.
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.
- Get a free copy of the StockNews.com research report on Ryanair (RYAAY)
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