Royal Bank Of Canada reaffirmed their outperform rating on shares of Ryanair Holdings (cdi) (LON:0RYA – Free Report) in a research note published on Wednesday morning, MarketBeat.com reports.
Ryanair Holdings (cdi) Trading Down 4.2%
Ryanair Holdings (cdi) stock opened at GBX 1,920 on Wednesday. Ryanair Holdings has a 1 year low of GBX 1,892.34 and a 1 year high of GBX 2,632. The firm has a market cap of £20.81 billion and a P/E ratio of 21.79. The company’s 50-day simple moving average is GBX 2,104.56.
The company is best known for its low-cost model, which centers on short-haul air travel and high aircraft utilization. In addition to passenger transport, Ryanair also offers ancillary services such as reserved seating, priority boarding, checked baggage, and onboard sales, which form an important part of its overall business.
Ryanair Holdings was founded in 1984 and grew from a small Irish airline into one of Europe’s largest carriers.
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