Ryanair (NASDAQ:RYAAY) Upgraded 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 note published on Thursday morning, Marketbeat Ratings reports.

Separately, StockNews.com lowered Ryanair from a “buy” rating to a “hold” rating in a research note on Thursday, February 6th. Four 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. Based on data from MarketBeat.com, Ryanair currently has a consensus rating of “Moderate Buy” and an average price target of $151.00.

Ryanair Stock Performance

RYAAY opened at $45.25 on Thursday. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.86 and a quick ratio of 0.86. The business has a fifty day simple moving average of $46.24 and a 200 day simple moving average of $52.10. Ryanair has a 1 year low of $36.96 and a 1 year high of $60.29. The company has a market capitalization of $24.13 billion, a PE ratio of 13.87, a price-to-earnings-growth ratio of 2.01 and a beta of 1.46.

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

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of RYAAY. National Bank of Canada FI lifted its position in shares of Ryanair by 198.6% during the 4th quarter. National Bank of Canada FI now owns 657 shares of the transportation company’s stock valued at $29,000 after buying an additional 437 shares in the last quarter. R Squared Ltd purchased a new position in Ryanair during the fourth quarter valued at approximately $42,000. EverSource Wealth Advisors LLC boosted its position in shares of Ryanair by 32.9% in the fourth quarter. EverSource Wealth Advisors LLC now owns 954 shares of the transportation company’s stock worth $42,000 after purchasing an additional 236 shares during the period. Redwood Park Advisors LLC bought a new position in shares of Ryanair in the fourth quarter worth approximately $43,000. Finally, Pinnacle Bancorp Inc. increased its stake in shares of Ryanair by 150.0% in the fourth quarter. Pinnacle Bancorp Inc. now owns 1,075 shares of the transportation company’s stock worth $47,000 after purchasing an additional 645 shares in the last quarter. 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.