Ryanair (NASDAQ:RYAAY) Rating Increased to Buy at StockNews.com

Ryanair (NASDAQ:RYAAY – Get Rating) was upgraded by equities researchers at StockNews.com from a “hold” rating to a “buy” rating in a report released on Friday.

A number of other analysts also recently weighed in on RYAAY. Stifel Nicolaus raised shares of Ryanair from a “sell” rating to a “buy” rating in a research report on Wednesday, April 19th. Raymond James raised their price target on shares of Ryanair from $113.00 to $115.00 and gave the stock a “strong-buy” rating in a research report on Wednesday, February 1st. Barclays initiated coverage on shares of Ryanair in a research report on Tuesday, February 21st. They set an “overweight” rating for the company. Finally, TheStreet downgraded shares of Ryanair from a “b-” rating to a “c” rating in a report on Monday, January 30th. One investment analyst has rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $43.25.

Ryanair Stock Up 3.3 %

RYAAY stock opened at $107.31 on Friday. Ryanair has a twelve month low of $55.90 and a twelve month high of $107.70. The company has a current ratio of 0.80, a quick ratio of 0.92 and a debt-to-equity ratio of 0.51. The company has a market capitalization of $24.44 billion, a P/E ratio of 18.38, a PEG ratio of 0.92 and a beta of 1.45. The firm has a 50 day simple moving average of $95.59 and a 200-day simple moving average of $88.90.

Institutional Investors Weigh In On Ryanair

A number of hedge funds have recently added to or reduced their stakes in RYAAY. HighTower Advisors LLC lifted its stake in Ryanair by 10.3% in the first quarter. HighTower Advisors LLC now owns 3,047 shares of the transportation company’s stock valued at $265,000 after buying an additional 285 shares during the last quarter. Private Advisor Group LLC raised its stake in shares of Ryanair by 16.8% during the first quarter. Private Advisor Group LLC now owns 4,758 shares of the transportation company’s stock valued at $414,000 after purchasing an additional 683 shares in the last quarter. Citigroup Inc. raised its stake in shares of Ryanair by 1.2% during the first quarter. Citigroup Inc. now owns 39,970 shares of the transportation company’s stock valued at $3,483,000 after purchasing an additional 483 shares in the last quarter. Bank of Montreal Can raised its stake in shares of Ryanair by 8.2% during the first quarter. Bank of Montreal Can now owns 11,691 shares of the transportation company’s stock valued at $984,000 after purchasing an additional 884 shares in the last quarter. Finally, Raymond James Trust N.A. raised its stake in shares of Ryanair by 16.2% during the first quarter. Raymond James Trust N.A. now owns 3,406 shares of the transportation company’s stock valued at $297,000 after purchasing an additional 476 shares in the last quarter. 42.82% of the stock is currently owned by institutional investors.

Ryanair Company Profile

(Get Rating)

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.