Ryanair (NASDAQ:RYAAY) was downgraded by BidaskClub from a “hold” rating to a “sell” rating in a research note issued on Wednesday.

Other equities analysts also recently issued research reports about the company. Kepler Capital Markets downgraded Ryanair from a “hold” rating to a “reduce” rating in a report on Thursday, September 21st. downgraded Ryanair from a “buy” rating to a “reduce” rating in a report on Thursday, September 14th. Credit Suisse Group downgraded Ryanair from an “outperform” rating to a “neutral” rating in a report on Monday, December 18th. ValuEngine downgraded Ryanair from a “buy” rating to a “hold” rating in a report on Friday, December 15th. Finally, Zacks Investment Research upgraded Ryanair from a “sell” rating to a “hold” rating in a report on Wednesday, November 29th. Five research analysts have rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $96.00.

Ryanair (RYAAY) opened at $104.67 on Wednesday. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 0.79. The stock has a market capitalization of $24,636.46, a price-to-earnings ratio of 15.42, a price-to-earnings-growth ratio of 0.69 and a beta of 0.62. Ryanair has a twelve month low of $78.35 and a twelve month high of $127.35.

Several large investors have recently modified their holdings of RYAAY. State of Wisconsin Investment Board increased its holdings in shares of Ryanair by 1.3% during the second quarter. State of Wisconsin Investment Board now owns 31,165 shares of the transportation company’s stock valued at $3,354,000 after acquiring an additional 401 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in shares of Ryanair by 448.5% during the second quarter. Bank of New York Mellon Corp now owns 119,156 shares of the transportation company’s stock valued at $12,823,000 after acquiring an additional 97,433 shares in the last quarter. Legal & General Group Plc increased its holdings in shares of Ryanair by 4.6% during the second quarter. Legal & General Group Plc now owns 68,314 shares of the transportation company’s stock valued at $7,349,000 after acquiring an additional 3,000 shares in the last quarter. Principal Financial Group Inc. increased its holdings in shares of Ryanair by 2.1% during the second quarter. Principal Financial Group Inc. now owns 744,268 shares of the transportation company’s stock valued at $80,091,000 after acquiring an additional 15,324 shares in the last quarter. Finally, Baldwin Investment Management LLC increased its holdings in shares of Ryanair by 0.5% during the second quarter. Baldwin Investment Management LLC now owns 9,095 shares of the transportation company’s stock valued at $979,000 after acquiring an additional 44 shares in the last quarter. Hedge funds and other institutional investors own 40.31% of the company’s stock.

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Ryanair Company Profile

Ryanair Holdings plc (Ryanair Holdings) is a holding company for Ryanair Limited (Ryanair). Ryanair operates an ultra-low fare, scheduled-passenger airline serving short-haul, point-to-point routes between Ireland, the United Kingdom, Continental Europe, Morocco and Israel. Ryanair provides various ancillary services and engages in other activities connected with its core air passenger service, including non-flight scheduled services, Internet-related services, and the in-flight sale of beverages, food and merchandise.

Analyst Recommendations for Ryanair (NASDAQ:RYAAY)

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