Ryanair Holdings PLC (NASDAQ:RYAAY) dropped 1.5% on Wednesday . The stock traded as low as $67.64 and last traded at $68.51, with a volume of 558,436 shares traded. The stock had previously closed at $69.56.

RYAAY has been the subject of several research reports. Zacks Investment Research cut shares of Ryanair Holdings PLC from a “buy” rating to a “hold” rating in a research report on Wednesday, May 25th. Beaufort Securities reaffirmed a “buy” rating on shares of Ryanair Holdings PLC in a research report on Wednesday, May 25th. Macquarie raised shares of Ryanair Holdings PLC from an “underperform” rating to a “neutral” rating in a research report on Tuesday. Raymond James Financial Inc. upped their price target on shares of Ryanair Holdings PLC to $100.00 in a research report on Friday, March 25th. Finally, Evercore ISI cut shares of Ryanair Holdings PLC from a “buy” rating to a “hold” rating and set a $90.00 price target for the company. in a research report on Monday, June 27th. Six research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $92.00.

The stock’s 50-day moving average price is $79.68 and its 200 day moving average price is $81.79. The company has a market cap of $18.26 billion and a price-to-earnings ratio of 10.85.

Other hedge funds and institutional investors have recently bought and sold shares of the company. Profund Advisors LLC boosted its position in Ryanair Holdings PLC by 16.7% in the fourth quarter. Profund Advisors LLC now owns 12,990 shares of the company’s stock valued at $1,123,000 after buying an additional 1,860 shares during the period. Pinnacle Associates Ltd. bought a new stake in shares of Ryanair Holdings PLC during the fourth quarter valued at $1,643,000. State of Wisconsin Investment Board increased its stake in shares of Ryanair Holdings PLC by 64.0% in the fourth quarter. State of Wisconsin Investment Board now owns 25,457 shares of the company’s stock valued at $2,201,000 after buying an additional 9,937 shares in the last quarter. NorthCoast Asset Management LLC bought a new stake in shares of Ryanair Holdings PLC during the fourth quarter valued at $2,631,000. Finally, Bank of Montreal Can increased its stake in shares of Ryanair Holdings PLC by 697.1% in the fourth quarter. Bank of Montreal Can now owns 36,554 shares of the company’s stock valued at $3,161,000 after buying an additional 31,968 shares in the last quarter.

Ryanair Holdings plc (Ryanair Holdings) is a holding company for Ryanair Limited (Ryanair). Ryanair operates a low fare, scheduled-passenger airline serving short-haul, point-to-point routes between Ireland, the United Kingdom, Continental Europe and Morocco. The Company’s principal fleet consists of Boeing 737-800 aircraft, each having 189 seats.

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