Trading Report: The HSBC Upgraded Ryanair Holdings PLC (RYAAY) to Hold

The HSBC Upgraded Ryanair Holdings PLC (RYAAY) to Hold

Ryanair Holdings PLC (NASDAQ:RYAAY) was upgraded by analysts at HSBC from a “reduce” rating to a “hold” rating in a research note issued to investors on Wednesday.

A number of other brokerages have also recently issued reports on RYAAY. Beaufort Securities reiterated a “buy” rating on shares of Ryanair Holdings PLC in a research note on Friday, October 21st. BNP Paribas reiterated a “buy” rating on shares of Ryanair Holdings PLC in a research note on Thursday, October 20th. Zacks Investment Research upgraded shares of Ryanair Holdings PLC from a “hold” rating to a “buy” rating and set a $85.00 price target on the stock in a research note on Thursday, September 22nd. Deutsche Bank AG cut shares of Ryanair Holdings PLC from a “buy” rating to a “hold” rating in a research note on Wednesday, September 7th. Finally, Macquarie upgraded shares of Ryanair Holdings PLC from an “underperform” rating to a “neutral” rating in a research note on Tuesday, July 5th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $89.50.

Ryanair Holdings PLC (NASDAQ:RYAAY) traded down 0.62% during trading on Wednesday, hitting $82.17. 216,736 shares of the stock traded hands. Ryanair Holdings PLC has a 52-week low of $66.09 and a 52-week high of $89.67. The firm has a 50-day moving average price of $0.00 and a 200 day moving average price of $0.00.

Several large investors have recently added to or reduced their stakes in the stock. ETRADE Capital Management LLC raised its stake in Ryanair Holdings PLC by 23.7% in the third quarter. ETRADE Capital Management LLC now owns 6,620 shares of the company’s stock valued at $497,000 after buying an additional 1,270 shares in the last quarter. Brinker Capital Inc. raised its stake in Ryanair Holdings PLC by 25.6% in the third quarter. Brinker Capital Inc. now owns 3,626 shares of the company’s stock valued at $272,000 after buying an additional 739 shares in the last quarter. Teewinot Capital Advisers L.L.C. raised its stake in Ryanair Holdings PLC by 76.5% in the third quarter. Teewinot Capital Advisers L.L.C. now owns 89,552 shares of the company’s stock valued at $6,719,000 after buying an additional 38,816 shares in the last quarter. Pioneer Investment Management Inc. raised its stake in Ryanair Holdings PLC by 26.4% in the third quarter. Pioneer Investment Management Inc. now owns 18,539 shares of the company’s stock valued at $1,391,000 after buying an additional 3,871 shares in the last quarter. Finally, 1832 Asset Management L.P. purchased a new stake in Ryanair Holdings PLC during the third quarter valued at about $1,726,000. 41.77% of the stock is owned by hedge funds and other institutional investors.

About Ryanair Holdings PLC

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