Ryanair (NASDAQ:RYAAY) Now Covered by Analysts at StockNews.com

Equities researchers at StockNews.com initiated coverage on shares of Ryanair (NASDAQ:RYAAY – Get Rating) in a report issued on Thursday. The firm set a “hold” rating on the transportation company’s stock.

Several other equities research analysts have also issued reports on RYAAY. Stifel Nicolaus raised shares of Ryanair from a “sell” rating to a “buy” rating in a report on Wednesday, April 19th. TheStreet lowered shares of Ryanair from a “b-” rating to a “c” rating in a report on Monday, January 30th. Raymond James boosted their target price on shares of Ryanair from $113.00 to $115.00 and gave the stock a “strong-buy” rating in a report on Wednesday, February 1st. Finally, Barclays initiated coverage on shares of Ryanair in a report on Tuesday, February 21st. They set an “overweight” rating on the stock. Two analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Ryanair has a consensus rating of “Moderate Buy” and a consensus price target of $38.50.

Ryanair Trading Up 4.2 %

Shares of Ryanair stock opened at $105.07 on Thursday. The firm has a market capitalization of $23.93 billion, a PE ratio of 17.28 and a beta of 1.45. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 0.46. The firm’s 50 day moving average is $94.05 and its 200 day moving average is $87.57. Ryanair has a 1 year low of $55.90 and a 1 year high of $106.05.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Signaturefd LLC grew its stake in shares of Ryanair by 399.0% in the 3rd quarter. Signaturefd LLC now owns 514 shares of the transportation company’s stock worth $30,000 after acquiring an additional 411 shares in the last quarter. Allspring Global Investments Holdings LLC bought a new stake in shares of Ryanair in the 4th quarter worth $30,000. ANTIPODES PARTNERS Ltd bought a new stake in shares of Ryanair in the 4th quarter worth $32,000. Rockefeller Capital Management L.P. grew its stake in shares of Ryanair by 34.2% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 691 shares of the transportation company’s stock worth $39,000 after acquiring an additional 176 shares in the last quarter. Finally, Ridgewood Investments LLC bought a new stake in shares of Ryanair in the 1st quarter worth $41,000. Institutional investors and hedge funds own 42.82% of the company’s stock.

About Ryanair

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Ryanair Holdings Plc engages in the provision of low fares airline-related services. It also offers ancillary, core air passenger, non-flight scheduled, and internet-related services. It also involved in in-flight sale of beverages, food, and merchandise. It operates through the following segments: Ryanair DAC, Malta Air, and Other Airlines.