Ryanair Hldgs (NASDAQ:RYAAY) Price Target & New Coverage by Bernstein

Bernstein issued “Underperform” rating on Ryanair Hldgs (NASDAQ:RYAAY). The firm has started coverage on shares of RYAAY in analysts report revealed to clients on Monday, 26 June. Bernstein’s price target indicates downside of -23.90 % from the company’s previous stock close.

After the new initiation NASDAQ:RYAAY is now trading -0.61% lower at $108.39 as of 8:08 AM New York time. Ryanair Hldgs’s stock is 0% over the last 200 days. It has underperformed the S&P 500, which has added 6.00% over the same time.

Ryanair Hldgs (NASDAQ:RYAAY) Profile

Ryanair Holdings plc (Ryanair Holdings) is a holding company for Ryanair Limited (Ryanair). Ryanair operates an ultra-low fare, scheduled-passenger airline serving short-haul, point-to-point routes between Ireland, the United Kingdom, Continental Europe, Morocco and Israel. Ryanair provides various ancillary services and engages in other activities connected with its core air passenger service, including non-flight scheduled services, Internet-related services, and the in-flight sale of beverages, food and merchandise.

Ryanair Hldgs (NASDAQ:RYAAY) traded down -0.61% on 26 June, hitting $108.39. A total of 173,508 shares of the company’s stock traded hands. This is down from average of 230,400 shares. Ryanair Hldgs has a 52 week low of $66.09 and a 52 week high of $110.82. The company has a market cap of $24.72 billion and a P/E ratio of 18.6.

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