Ryanair (NASDAQ:RYAAY) Rating Increased to Buy at Deutsche Bank Aktiengesellschaft

Ryanair (NASDAQ:RYAAY) was upgraded by analysts at Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report issued on Thursday,Briefing.com Automated Import 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 issued a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat, Ryanair currently has an average rating of “Moderate Buy” and a consensus target price of $151.00.

Ryanair Stock Down 0.2 %

Ryanair stock opened at $45.41 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. The firm has a market cap of $24.22 billion, a price-to-earnings ratio of 13.92, a PEG ratio of 2.01 and a beta of 1.46. The stock has a fifty day simple moving average of $46.16 and a two-hundred day simple moving average of $52.15. Ryanair has a 12 month low of $36.96 and a 12 month high of $60.29.

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

Institutional Trading of Ryanair

Institutional investors have recently modified their holdings of the company. Pathstone Holdings LLC increased its stake in Ryanair by 36.5% during the 3rd quarter. Pathstone Holdings LLC now owns 38,861 shares of the transportation company’s stock valued at $1,756,000 after purchasing an additional 10,397 shares in the last quarter. Advisors Asset Management Inc. increased its position in shares of Ryanair by 182.1% in the 3rd quarter. Advisors Asset Management Inc. now owns 2,217 shares of the transportation company’s stock valued at $100,000 after acquiring an additional 1,431 shares during the period. Charles Schwab Investment Management Inc. purchased a new position in Ryanair in the 3rd quarter worth $4,067,000. Citigroup Inc. lifted its position in Ryanair by 140.4% during the 3rd quarter. Citigroup Inc. now owns 94,568 shares of the transportation company’s stock worth $4,273,000 after acquiring an additional 55,227 shares during the period. Finally, Daiwa Securities Group Inc. lifted its stake in Ryanair by 200.8% during the 3rd quarter. Daiwa Securities Group Inc. now owns 26,725 shares of the transportation company’s stock valued at $1,207,000 after acquiring an additional 17,840 shares during the period. 43.66% of the stock is currently owned by institutional investors.

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.