Ryanair Holdings PLC (NASDAQ:RYAAY) shares gapped up prior to trading 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 have recently weighed in on RYAAY shares. Beaufort Securities restated a “buy” rating on shares of Ryanair Holdings PLC in a research report on Wednesday, May 25th. Zacks Investment Research upgraded shares of Ryanair Holdings PLC from a “hold” rating to a “strong-buy” rating and set a $95.00 price objective for the company in a research report on Saturday, April 16th. Raymond James Financial Inc. boosted their price objective on shares of Ryanair Holdings PLC to $100.00 in a research report on Friday, March 25th. Macquarie upgraded shares of Ryanair Holdings PLC from an “underperform” rating to a “neutral” rating in a research report on Tuesday, July 5th. Finally, Evercore ISI downgraded shares of Ryanair Holdings PLC from a “buy” rating to a “hold” rating and set a $90.00 price objective for the company. in a research report on Monday, June 27th. Five investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $92.00.

The stock has a market cap of $18.67 billion and a P/E ratio of 11.14. The stock’s 50-day moving average is $77.46 and its 200 day moving average is $81.06.

A number of hedge funds have recently modified their holdings of RYAAY. Whitebox Advisors LLC increased its stake in shares of Ryanair Holdings PLC by 33.8% in the fourth quarter. Whitebox Advisors LLC now owns 227,921 shares of the company’s stock valued at $19,706,000 after buying an additional 57,539 shares during the period. Principal Financial Group Inc. boosted its position in 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. Morgan Stanley boosted its position 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 period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in Ryanair Holdings PLC by 1.7% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 248,199 shares of the company’s stock valued at $21,459,000 after buying an additional 4,136 shares during the period. Finally, Bank of Montreal Can boosted its position in 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 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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