TheStreet Lowers Ryanair (RYAAY) to C+

Ryanair (NASDAQ:RYAAY) was downgraded by research analysts at TheStreet from a “b-” rating to a “c+” rating in a report released on Thursday.

Other equities research analysts have also recently issued research reports about the company. Royal Bank of Canada restated a “buy” rating on shares of Ryanair in a research note on Thursday, August 16th. UBS Group restated a “buy” rating on shares of Ryanair in a research note on Wednesday, August 15th. ValuEngine upgraded Ryanair from a “sell” rating to a “hold” rating in a research note on Monday, September 17th. BidaskClub upgraded Ryanair from a “sell” rating to a “hold” rating in a research note on Tuesday, October 9th. Finally, Raymond James cut Ryanair from an “outperform” rating to a “market perform” rating in a research note on Thursday, August 9th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the stock. Ryanair has a consensus rating of “Hold” and an average target price of $138.00.

RYAAY stock traded down $0.11 during trading on Thursday, hitting $79.99. 381,332 shares of the company’s stock were exchanged, compared to its average volume of 614,697. The stock has a market cap of $20.01 billion, a price-to-earnings ratio of 11.35 and a beta of 0.74. Ryanair has a 52-week low of $77.96 and a 52-week high of $127.61. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.62.

A number of hedge funds have recently bought and sold shares of the stock. Advisors Asset Management Inc. grew its stake in shares of Ryanair by 10.9% in the third quarter. Advisors Asset Management Inc. now owns 8,440 shares of the transportation company’s stock valued at $811,000 after buying an additional 832 shares in the last quarter. Castleark Management LLC grew its stake in shares of Ryanair by 100.0% in the third quarter. Castleark Management LLC now owns 20,420 shares of the transportation company’s stock valued at $1,961,000 after buying an additional 10,210 shares in the last quarter. Deutsche Bank AG grew its stake in Ryanair by 1,799.1% during the 3rd quarter. Deutsche Bank AG now owns 142,372 shares of the transportation company’s stock valued at $13,671,000 after purchasing an additional 134,875 shares in the last quarter. Capital International Sarl grew its stake in Ryanair by 2.6% during the 3rd quarter. Capital International Sarl now owns 79,950 shares of the transportation company’s stock valued at $7,678,000 after purchasing an additional 2,000 shares in the last quarter. Finally, Capital International Investors grew its stake in Ryanair by 38.0% during the 3rd quarter. Capital International Investors now owns 6,143,716 shares of the transportation company’s stock valued at $590,042,000 after purchasing an additional 1,693,122 shares in the last quarter. Hedge funds and other institutional investors own 43.90% of the company’s stock.

About Ryanair

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, and Other European countries. The company is also involved in the provision of various ancillary services, such as non-flight scheduled services and Internet-related services; in-flight sale of beverages, food, and merchandise; and marketing accommodation services, holidays, car hire, and travel insurance through its Website.

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Analyst Recommendations for Ryanair (NASDAQ:RYAAY)

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