Ryanair Hldgs (NASDAQ:RYAAY) Rating Change

Ryanair Hldgs (NASDAQ:RYAAY) was lowered by equity analysts at Credit Suisse from “Outperform” rating to “Neutral” rating in an analyst report revealed to investors on Monday, 18 December.

Despite the company’s rating downgrade NASDAQ:RYAAY is at the moment trading 1.23% higher at $118.88 as of 10:04 AM New York time. Ryanair Hldgs shares have [From2] 0% in the last 200 days, while the S&P500 has added 6.00% in the same time period.

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 up 1.23% on 18 December, hitting $118.88. A total of 405,677 shares of the company’s stock traded hands. This is down from average of 428,138 shares. Ryanair Hldgs has a 52 week low of $78.35 and a 52 week high of $122.68. The company has a market cap of $24.45B and a P/E ratio of 17.05.

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The post How Will Ryanair Hldgs (NASDAQ:RYAAY) Stock React To Credit Suisse’s Downgrade to “Neutral” from “Outperform”? appeared first on Octafinance.