Ryanair (NASDAQ:RYAAY) Given a $70.00 Price Target by Raymond James Financial Analysts

Ryanair (NASDAQ:RYAAY) received a $70.00 target price from stock analysts at Raymond James Financial in a research report issued to clients and investors on Wednesday, Marketbeat Ratings reports. The firm currently has a “strong-buy” rating on the transportation company’s stock. Raymond James Financial’s price target suggests a potential upside of 21.07% from the stock’s current price.

A number of other equities research analysts have also recently commented on the stock. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Ryanair in a report on Wednesday, May 21st. Deutsche Bank Aktiengesellschaft upgraded shares of Ryanair from a “hold” rating to a “buy” rating in a research note on Thursday, March 27th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Ryanair in a research note on Wednesday, May 21st. Citigroup reiterated a “buy” rating on shares of Ryanair in a research note on Wednesday, May 21st. Finally, Wall Street Zen lowered shares of Ryanair from a “buy” rating to a “hold” rating in a research note on Wednesday, May 28th. Three research analysts have rated the stock with a hold rating, five have issued a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $108.50.

Ryanair Trading Down 0.8%

NASDAQ:RYAAY opened at $57.82 on Wednesday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.74 and a current ratio of 0.74. The firm has a market cap of $30.72 billion, a price-to-earnings ratio of 18.09, a price-to-earnings-growth ratio of 1.00 and a beta of 1.38. Ryanair has a 52 week low of $36.96 and a 52 week high of $58.55. The firm has a 50-day moving average price of $53.98 and a two-hundred day moving average price of $48.08.

Institutional Trading of Ryanair

A number of hedge funds have recently made changes to their positions in the stock. Avantax Advisory Services Inc. lifted its holdings in shares of Ryanair by 2.6% during the 1st quarter. Avantax Advisory Services Inc. now owns 8,094 shares of the transportation company’s stock worth $343,000 after acquiring an additional 206 shares during the last quarter. Vident Advisory LLC boosted its position in Ryanair by 2.4% during the fourth quarter. Vident Advisory LLC now owns 10,006 shares of the transportation company’s stock valued at $436,000 after buying an additional 230 shares during the period. EverSource Wealth Advisors LLC boosted its position in Ryanair by 32.9% during the fourth quarter. EverSource Wealth Advisors LLC now owns 954 shares of the transportation company’s stock valued at $42,000 after buying an additional 236 shares during the period. SG Americas Securities LLC boosted its position in Ryanair by 0.3% during the first quarter. SG Americas Securities LLC now owns 85,781 shares of the transportation company’s stock valued at $3,635,000 after buying an additional 240 shares during the period. Finally, Schechter Investment Advisors LLC boosted its position in Ryanair by 2.3% during the fourth quarter. Schechter Investment Advisors LLC now owns 11,584 shares of the transportation company’s stock valued at $505,000 after buying an additional 261 shares during the period. 43.66% of the stock is owned by institutional investors.

About Ryanair

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, Italy, Spain, and internationally. It is also involved in the provision of various ancillary services, such as non-flight scheduled and Internet-related services, as well as in-flight sale of beverages, food, duty-free, and merchandise; and markets car hire, travel insurance, and accommodation services through its website and mobile app.