Deutsche Bank Aktiengesellschaft Upgrades Ryanair (NASDAQ:RYAAY) to Buy

Deutsche Bank Aktiengesellschaft upgraded shares of Ryanair (NASDAQ:RYAAY) from a hold rating to a buy rating in a research note issued to investors on Thursday, MarketBeat Ratings reports.

Separately, StockNews.com cut Ryanair from a “buy” rating to a “hold” rating in a report on Thursday, February 6th. Four equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and three have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, Ryanair presently has a consensus rating of “Moderate Buy” and an average target price of $151.00.

Ryanair Stock Down 4.0 %

NASDAQ RYAAY opened at $43.42 on Thursday. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.21. Ryanair has a 12 month low of $36.96 and a 12 month high of $60.29. The stock’s 50 day moving average is $46.27 and its 200 day moving average is $51.19. The stock has a market cap of $23.16 billion, a PE ratio of 13.31, a P/E/G ratio of 2.01 and a beta of 1.46.

Ryanair (NASDAQ:RYAAY) last released its earnings results on Monday, February 3rd. The transportation company reported $0.29 EPS for the quarter, topping the consensus estimate of $0.09 by $0.20. Ryanair had a net margin of 12.14% and a return on equity of 21.46%. Research analysts predict that Ryanair will post 3.09 EPS for the current fiscal year.

Institutional Trading of Ryanair

Several hedge funds and other institutional investors have recently bought and sold shares of RYAAY. Capital International Investors grew its holdings in Ryanair by 6.1% during the 4th quarter. Capital International Investors now owns 38,800,258 shares of the transportation company’s stock worth $1,691,536,000 after acquiring an additional 2,231,153 shares in the last quarter. Massachusetts Financial Services Co. MA raised its stake in Ryanair by 3.0% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 28,091,455 shares of the transportation company’s stock worth $1,224,507,000 after acquiring an additional 828,019 shares during the last quarter. FMR LLC lifted its holdings in shares of Ryanair by 35.3% during the third quarter. FMR LLC now owns 8,734,646 shares of the transportation company’s stock worth $394,631,000 after purchasing an additional 2,279,679 shares during the period. Janus Henderson Group PLC boosted its holdings in shares of Ryanair by 169.7% in the 3rd quarter. Janus Henderson Group PLC now owns 6,305,368 shares of the transportation company’s stock valued at $284,893,000 after acquiring an additional 3,967,436 shares during the last quarter. Finally, Brave Warrior Advisors LLC grew its position in Ryanair by 9.8% during the 4th quarter. Brave Warrior Advisors LLC now owns 5,604,258 shares of the transportation company’s stock worth $244,290,000 after purchasing an additional 500,239 shares during the period. Hedge funds and other institutional investors own 43.66% of the company’s stock.

About Ryanair

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, Italy, Spain, and internationally. It is also involved in the provision of various ancillary services, such as non-flight scheduled and Internet-related services, as well as in-flight sale of beverages, food, duty-free, and merchandise; and markets car hire, travel insurance, and accommodation services through its website and mobile app.