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

Ryanair (NASDAQ:RYAAY) was upgraded by equities research analysts at Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research note issued to investors on Thursday,Briefing.com Automated Import reports.

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

Ryanair Trading Down 0.2 %

Shares of Ryanair stock opened at $45.41 on Thursday. Ryanair has a fifty-two week low of $36.96 and a fifty-two week high of $60.29. The stock has a 50 day moving average of $46.16 and a 200 day moving average of $52.15. The firm has a market capitalization 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 company has a debt-to-equity ratio of 0.21, a quick ratio of 0.86 and a current ratio of 0.86.

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

Institutional Investors Weigh In On Ryanair

Institutional investors have recently added to or reduced their stakes in the business. Pathstone Holdings LLC lifted its position in Ryanair by 36.5% in the third quarter. Pathstone Holdings LLC now owns 38,861 shares of the transportation company’s stock valued at $1,756,000 after acquiring an additional 10,397 shares during the last quarter. Advisors Asset Management Inc. lifted its stake in Ryanair by 182.1% in the third quarter. Advisors Asset Management Inc. now owns 2,217 shares of the transportation company’s stock valued at $100,000 after buying an additional 1,431 shares during the last quarter. Charles Schwab Investment Management Inc. purchased a new stake in Ryanair in the 3rd quarter valued at $4,067,000. Citigroup Inc. increased its stake in Ryanair by 140.4% in the third quarter. Citigroup Inc. now owns 94,568 shares of the transportation company’s stock valued at $4,273,000 after purchasing an additional 55,227 shares during the period. Finally, Daiwa Securities Group Inc. increased its position in Ryanair by 200.8% in 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. Hedge funds and other institutional investors own 43.66% of the company’s stock.

Ryanair Company Profile

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.