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

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

Separately, StockNews.com cut shares of Ryanair from a “buy” rating to a “hold” rating in a research 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 assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $151.00.

Ryanair Stock Performance

Shares of NASDAQ:RYAAY opened at $45.25 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 company has a market capitalization of $24.13 billion, a price-to-earnings ratio of 13.87, a PEG ratio of 2.01 and a beta of 1.46. Ryanair has a 12 month low of $36.96 and a 12 month high of $60.29. The firm’s 50-day moving average is $46.24 and its 200 day moving average is $52.10.

Ryanair (NASDAQ:RYAAY) last announced its quarterly earnings results on Monday, February 3rd. The transportation company reported $0.29 earnings per share (EPS) 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%. Research analysts predict that Ryanair will post 3.09 EPS for the current year.

Institutional Investors Weigh In On Ryanair

A number of hedge funds have recently added to or reduced their stakes in RYAAY. Capital International Investors increased its holdings in shares of Ryanair by 6.1% in the 4th quarter. Capital International Investors now owns 38,800,258 shares of the transportation company’s stock valued at $1,691,536,000 after acquiring an additional 2,231,153 shares during the last quarter. Massachusetts Financial Services Co. MA increased its stake in Ryanair by 3.0% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 28,091,455 shares of the transportation company’s stock valued at $1,224,507,000 after purchasing an additional 828,019 shares during the last quarter. FMR LLC raised its holdings in 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 in the last quarter. Janus Henderson Group PLC lifted its position in shares of Ryanair by 169.7% during the 3rd quarter. Janus Henderson Group PLC now owns 6,305,368 shares of the transportation company’s stock worth $284,893,000 after buying an additional 3,967,436 shares during the last quarter. Finally, Brave Warrior Advisors LLC lifted its position in shares of 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 buying an additional 500,239 shares during the last quarter. 43.66% of the stock is currently owned by institutional investors and hedge funds.

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.