JPMorgan Chase Lowers Ryanair Holdings plc to Underweight (RYAAY)
Ryanair Holdings plc (NASDAQ: RYAAY) was downgraded by equities research analysts at JPMorgan Chase (NYSE: JPM) from a “neutral” rating to an “underweight” rating in a research note issued to investors on Wednesday.
Ryanair Holdings plc traded up 1.62% on Wednesday, hitting $30.73. Ryanair Holdings plc has a 52-week low of $23.87 and a 52-week high of $37.12. The company has a market cap of $8.946 billion and a price-to-earnings ratio of 12.81.
Ryanair Holdings plc (Ryanair Holdings) is the holding company for Ryanair Limited (Ryanair). Ryanair operates a low-fares, scheduled passenger airline serving short-haul, point-to-point routes between Ireland, the United Kingdom, Continental Europe and Morocco.