Shares of Ryanair Holdings PLC (NASDAQ:RYAAY) gapped up before the market opened on Thursday . The stock had previously closed at $70.58, but opened at $70.89. Ryanair Holdings PLC shares last traded at $71.95, with a volume of 347,996 shares.

Several analysts recently commented on the company. Evercore ISI lowered Ryanair Holdings PLC from a “buy” rating to a “hold” rating and set a $90.00 target price on the stock. in a report on Monday, June 27th. Beaufort Securities reiterated a “buy” rating on shares of Ryanair Holdings PLC in a research report on Wednesday, July 6th. Zacks Investment Research upgraded Ryanair Holdings PLC from a “hold” rating to a “strong-buy” rating and set a $95.00 price target on the stock in a research report on Saturday, April 16th. Raymond James Financial Inc. increased their price target on Ryanair Holdings PLC to $100.00 in a research report on Friday, March 25th. Finally, Macquarie upgraded Ryanair Holdings PLC from an “underperform” rating to a “neutral” rating in a research report on Tuesday, July 5th. Six research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $92.00.

The firm’s 50-day moving average is $77.89 and its 200-day moving average is $81.18. The stock has a market cap of $19.01 billion and a price-to-earnings ratio of 11.34.

Several hedge funds have recently bought and sold shares of the stock. Morgan Stanley increased its stake in Ryanair Holdings PLC by 4.0% in the fourth quarter. Morgan Stanley now owns 3,255,005 shares of the company’s stock valued at $281,426,000 after buying an additional 124,726 shares during the last quarter. Principal Financial Group Inc. boosted its position in shares of Ryanair Holdings PLC by 1.2% in the fourth quarter. Principal Financial Group Inc. now owns 1,209,653 shares of the company’s stock valued at $104,587,000 after buying an additional 14,594 shares during the period. Gluskin Sheff & Assoc Inc. boosted its position in shares of Ryanair Holdings PLC by 64.0% in the fourth quarter. Gluskin Sheff & Assoc Inc. now owns 1,206,588 shares of the company’s stock valued at $104,322,000 after buying an additional 471,028 shares during the period. Standard Life Investments LTD boosted its position in shares of Ryanair Holdings PLC by 42.3% in the fourth quarter. Standard Life Investments LTD now owns 428,595 shares of the company’s stock valued at $37,065,000 after buying an additional 127,395 shares during the period. Finally, Marshall Wace LLP boosted its position in shares of Ryanair Holdings PLC by 0.9% in the fourth quarter. Marshall Wace LLP now owns 319,903 shares of the company’s stock valued at $27,659,000 after buying an additional 2,765 shares during the period.

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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