Ryanair (NASDAQ:RYAAY) PT Raised to $90.00 at Raymond James
Ryanair (NASDAQ:RYAAY) had its price target hoisted by analysts at Raymond James from $68.00 to $90.00 in a research report issued on Thursday, BenzingaRatingsTable reports. The firm currently has a “strong-buy” rating on the transportation company’s stock. Raymond James’ price target would indicate a potential upside of 20.00% from the stock’s current price.
Other equities analysts also recently issued reports about the company. UBS Group reissued a “buy” rating on shares of Ryanair in a research report on Wednesday, May 20th. ValuEngine downgraded Ryanair from a “buy” rating to a “hold” rating in a report on Thursday, April 2nd. Morgan Stanley reaffirmed an “overweight” rating on shares of Ryanair in a report on Tuesday. JPMorgan Chase & Co. raised Ryanair from a “neutral” rating to an “overweight” rating in a report on Monday, July 13th. Finally, Canaccord Genuity reissued a “hold” rating on shares of Ryanair in a report on Monday, April 6th. Six 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 stock. The company currently has an average rating of “Buy” and an average target price of $79.00.
NASDAQ:RYAAY traded down $1.00 on Thursday, reaching $75.00. 572,403 shares of the company’s stock were exchanged, compared to its average volume of 578,210. The company has a quick ratio of 0.82, a current ratio of 0.67 and a debt-to-equity ratio of 0.60. The firm has a market capitalization of $17.11 billion, a price-to-earnings ratio of 66.37 and a beta of 1.32. The business has a fifty day moving average of $69.69 and a 200-day moving average of $70.27. Ryanair has a 52-week low of $44.44 and a 52-week high of $96.79.
Hedge funds have recently made changes to their positions in the company. Harbor Investment Advisory LLC boosted its stake in shares of Ryanair by 11.2% during the second quarter. Harbor Investment Advisory LLC now owns 1,904 shares of the transportation company’s stock valued at $126,000 after acquiring an additional 191 shares during the last quarter. Procyon Private Wealth Partners LLC acquired a new stake in shares of Ryanair during the fourth quarter valued at $30,000. Ladenburg Thalmann Financial Services Inc. boosted its stake in Ryanair by 8.7% in the 4th quarter. Ladenburg Thalmann Financial Services Inc. now owns 5,035 shares of the transportation company’s stock worth $435,000 after buying an additional 405 shares during the last quarter. Crossmark Global Holdings Inc. boosted its stake in Ryanair by 5.2% in the 1st quarter. Crossmark Global Holdings Inc. now owns 9,111 shares of the transportation company’s stock worth $484,000 after buying an additional 450 shares during the last quarter. Finally, Northwestern Mutual Investment Management Company LLC boosted its stake in Ryanair by 3.7% in the 1st quarter. Northwestern Mutual Investment Management Company LLC now owns 16,250 shares of the transportation company’s stock worth $863,000 after buying an additional 579 shares during the last quarter. Institutional investors and hedge funds own 43.80% 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, 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.
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