Zacks Investment Research upgraded shares of Ryanair Holdings PLC (NASDAQ:RYAAY) from a sell rating to a hold rating in a report published on Friday morning.

According to Zacks, “Ryanair operates an ultra-low cost, scheduled airline serving short-haul, point-to-point routes largely in Europe from its bases in airports across Europe. The company offers over 1,600 scheduled short-haul flights per day serving airports largely throughout Europe, with a principal fleet of Boeing 737-800 aircraft. “

Other equities analysts have also issued research reports about the company. Barclays PLC reaffirmed a buy rating on shares of Ryanair Holdings PLC in a research note on Tuesday, January 10th. Beaufort Securities reaffirmed a buy rating on shares of Ryanair Holdings PLC in a research note on Friday, October 21st. BNP Paribas reaffirmed a buy rating on shares of Ryanair Holdings PLC in a research note on Thursday, October 20th. HSBC Holdings plc raised Ryanair Holdings PLC from a reduce rating to a hold rating in a research note on Wednesday, November 2nd. Finally, Canaccord Genuity assumed coverage on Ryanair Holdings PLC in a research note on Thursday, January 26th. They issued a buy rating for the company. One analyst has rated the stock with a sell rating, five have given a hold rating and six have given a buy rating to the stock. The company presently has an average rating of Hold and an average price target of $95.33.

Shares of Ryanair Holdings PLC (NASDAQ:RYAAY) traded down 0.01% during trading on Friday, reaching $83.10. The company’s stock had a trading volume of 140,474 shares. The stock has a market cap of $20.50 billion, a price-to-earnings ratio of 15.19 and a beta of 0.72. The company has a 50 day moving average of $83.46 and a 200-day moving average of $78.23. Ryanair Holdings PLC has a 12-month low of $66.09 and a 12-month high of $89.67.

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Institutional investors have recently made changes to their positions in the stock. Smithfield Trust Co. raised its position in shares of Ryanair Holdings PLC by 0.9% in the second quarter. Smithfield Trust Co. now owns 1,616 shares of the company’s stock worth $113,000 after buying an additional 15 shares during the last quarter. Quantbot Technologies LP raised its position in shares of Ryanair Holdings PLC by 236.6% in the third quarter. Quantbot Technologies LP now owns 1,656 shares of the company’s stock worth $124,000 after buying an additional 1,164 shares during the last quarter. Tyers Asset Management LLC purchased a new position in shares of Ryanair Holdings PLC during the fourth quarter worth approximately $133,000. Flinton Capital Management LLC purchased a new position in shares of Ryanair Holdings PLC during the fourth quarter worth approximately $161,000. Finally, Castleark Management LLC raised its position in shares of Ryanair Holdings PLC by 18.0% in the fourth quarter. Castleark Management LLC now owns 2,095 shares of the company’s stock worth $174,000 after buying an additional 320 shares during the last quarter. 42.80% of the stock is owned by institutional investors.

Ryanair Holdings PLC Company Profile

Ryanair Holdings plc (Ryanair Holdings) is a holding company for Ryanair Limited (Ryanair). Ryanair operates an ultra-low fare, scheduled-passenger airline serving short-haul, point-to-point routes between Ireland, the United Kingdom, Continental Europe, Morocco and Israel. Ryanair provides various ancillary services and engages in other activities connected with its core air passenger service, including non-flight scheduled services, Internet-related services, and the in-flight sale of beverages, food and merchandise.

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