Shares of Ryanair Holdings PLC (NASDAQ:RYAAY) gapped up prior to trading on Friday . The stock had previously closed at $70.52, but opened at $71.00. Ryanair Holdings PLC shares last traded at $72.37, with a volume of 228,536 shares traded.

A number of analysts recently commented on the stock. Beaufort Securities reiterated a “buy” rating on shares of Ryanair Holdings PLC in a research note 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 target price for the company in a research note on Saturday, April 16th. Macquarie upgraded shares of Ryanair Holdings PLC from an “underperform” rating to a “neutral” rating in a research note on Tuesday, July 5th. Finally, Evercore ISI cut shares of Ryanair Holdings PLC from a “buy” rating to a “hold” rating and set a $90.00 target price for the company. in a research note on Monday, June 27th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $92.00.

The firm has a market capitalization of $18.20 billion and a P/E ratio of 11.08. The stock has a 50-day moving average price of $70.24 and a 200-day moving average price of $79.00.

Other hedge funds have recently added to or reduced their stakes in the company. New York State Common Retirement Fund raised its stake in Ryanair Holdings PLC by 19.5% in the fourth quarter. New York State Common Retirement Fund now owns 109,894 shares of the company’s stock worth $9,501,000 after buying an additional 17,894 shares during the last quarter. State of Wisconsin Investment Board raised its stake 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 during the last quarter. Bank of Montreal Can raised its stake 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 during the last quarter. Finally, Gluskin Sheff & Assoc Inc. raised its stake 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 during 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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