Ryanair Holdings PLC (NASDAQ:RYAAY)’s share price gapped up before the market opened on Friday . The stock had previously closed at $69.53, but opened at $70.22. Ryanair Holdings PLC shares last traded at $71.45, with a volume of 96,407 shares traded.

A number of brokerages have recently weighed in on RYAAY. Zacks Investment Research upgraded Ryanair Holdings PLC from a “hold” rating to a “strong-buy” rating and set a $95.00 price objective on the stock in a research report on Saturday, April 16th. Beaufort Securities reiterated a “buy” rating on shares of Ryanair Holdings PLC in a research report on Friday, May 6th. Evercore ISI lowered Ryanair Holdings PLC from a “buy” rating to a “hold” rating and set a $90.00 price objective on the stock. in a research report on Monday, June 27th. Finally, Macquarie upgraded Ryanair Holdings PLC from an “underperform” rating to a “neutral” rating in a research report on Tuesday, July 5th. One analyst has rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $92.00.

The stock has a market capitalization of $17.93 billion and a P/E ratio of 10.88. The company’s 50-day moving average price is $71.50 and its 200-day moving average price is $79.42.

Other hedge funds and institutional investors have added to or reduced their stakes in the company. Gluskin Sheff & Assoc Inc. boosted its position in 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 worth $104,322,000 after buying an additional 471,028 shares in the last quarter. WBI Investments Inc. acquired a new position in Ryanair Holdings PLC during the fourth quarter worth approximately $18,135,000. Marshall Wace LLP boosted its position in Ryanair Holdings PLC by 0.9% in the fourth quarter. Marshall Wace LLP now owns 319,903 shares of the company’s stock worth $27,659,000 after buying an additional 2,765 shares in the last quarter. 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 worth $3,161,000 after buying an additional 31,968 shares in the last quarter. Finally, State of Wisconsin Investment Board boosted its position in 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 worth $2,201,000 after buying an additional 9,937 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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