Ryanair Holdings PLC (RYAAY) Trading 1.9% Higher
Shares of Ryanair Holdings PLC (NASDAQ:RYAAY) traded up 1.9% during mid-day trading on Tuesday . The stock traded as high as $74.11 and last traded at $73.70, with a volume of 224,893 shares changing hands. The stock had previously closed at $72.35.
Several brokerages have weighed in on RYAAY. Beaufort Securities reaffirmed a “buy” rating on shares of Ryanair Holdings PLC in a report on Wednesday, May 25th. Zacks Investment Research raised Ryanair Holdings PLC from a “sell” rating to a “hold” rating in a report on Tuesday, August 23rd. Macquarie raised Ryanair Holdings PLC from an “underperform” rating to a “neutral” rating in a report on Tuesday, July 5th. Finally, Evercore ISI cut Ryanair Holdings PLC from a “buy” rating to a “hold” rating and set a $90.00 price objective for the company. in a report on Monday, June 27th. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Ryanair Holdings PLC has an average rating of “Buy” and an average target price of $92.00.
The firm has a market capitalization of $18.46 billion and a P/E ratio of 11.02. The company has a 50-day moving average price of $70.92 and a 200-day moving average price of $78.49.
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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