Ryanair Holdings PLC (ADR) (NASDAQ:RYAAY) Price Target & New Coverage by Evercore
Evercore has started its coverage on Ryanair Holdings PLC (ADR) (NASDAQ:RYAAY), today Monday morning. The broker finds the stock of RYAAY attractive and has price target of $100.00 with “Buy” rating.
Despite the new coverage NASDAQ:RYAAY is now trading -0.75% lower at $78.41 as of 13:19 New York time. Ryanair Holdings PLC (ADR) shares have risen 21.27% over the past 200 days, while the S&P500 has dropped -6.24% for the same time.
Ryanair Holdings PLC (ADR) (NASDAQ:RYAAY) Profile
Ryanair Holdings plc (Ryanair Holdings) is a holding company for Ryanair Limited (Ryanair). Ryanair operates a low fare, scheduled-passenger airline serving short-haul, point-to-point routes between Ireland, the United Kingdom, Continental Europe and Morocco. The Company’s principal fleet consists of Boeing 737-800 aircraft, each having 189 seats.
Ryanair Holdings PLC (ADR) (NASDAQ:RYAAY) traded down -0.75% on 28 September, hitting $78.41. A total of 293,482 shares of the company’s stock traded hands. This is down from average of 345,672 shares. Ryanair Holdings PLC (ADR) has a 52 week low of $49.70 and a 52 week high of $82.71. The company has a market cap of $20.20B and a P/E ratio of 21.2.
