Ryanair (NASDAQ:RYAAY) Stock Rating Lowered by Wall Street Zen

Ryanair (NASDAQ:RYAAY) was downgraded by research analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research report issued on Saturday.

A number of other equities analysts also recently weighed in on the stock. Morgan Stanley started coverage on shares of Ryanair in a report on Wednesday, October 15th. They set an “overweight” rating on the stock. Oddo Bhf raised shares of Ryanair from an “underperform” rating to an “outperform” rating in a research report on Wednesday, July 16th. Zacks Research downgraded shares of Ryanair from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 22nd. The Goldman Sachs Group downgraded shares of Ryanair from a “buy” rating to a “neutral” rating in a research note on Monday, September 8th. Finally, Raymond James Financial reiterated a “strong-buy” rating and issued a $76.00 target price (up from $70.00) on shares of Ryanair in a research note on Wednesday, July 23rd. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $76.00.

Ryanair Stock Performance

Shares of NASDAQ RYAAY opened at $62.48 on Friday. Ryanair has a 52 week low of $38.52 and a 52 week high of $67.18. The stock has a market capitalization of $32.99 billion, a PE ratio of 14.67, a price-to-earnings-growth ratio of 0.66 and a beta of 1.38. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.66 and a current ratio of 0.66. The stock has a 50 day moving average price of $60.31 and a 200 day moving average price of $57.93.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of RYAAY. USA Financial Formulas bought a new position in Ryanair in the 3rd quarter valued at about $26,000. Financial Management Professionals Inc. acquired a new position in shares of Ryanair in the second quarter valued at approximately $31,000. Parkside Financial Bank & Trust boosted its stake in Ryanair by 250.9% in the 2nd quarter. Parkside Financial Bank & Trust now owns 593 shares of the transportation company’s stock valued at $34,000 after purchasing an additional 424 shares during the period. Wealth Preservation Advisors LLC bought a new stake in Ryanair in the 2nd quarter valued at $39,000. Finally, Global Retirement Partners LLC boosted its stake in Ryanair by 68.1% in the 3rd quarter. Global Retirement Partners LLC now owns 684 shares of the transportation company’s stock valued at $41,000 after purchasing an additional 277 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.