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

Deutsche Bank Aktiengesellschaft upgraded shares of Ryanair (NASDAQ:RYAAY - Free Report) from a hold rating to a buy rating in a research note published on Thursday, Marketbeat.com reports.

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

Ryanair Stock Down 4.0 %

Shares of Ryanair stock traded down $1.83 during trading on Thursday, hitting $43.42. 1,079,859 shares of the stock traded hands, compared to its average volume of 1,635,842. Ryanair has a 52-week low of $36.96 and a 52-week high of $60.29. The stock's fifty day simple moving average is $46.27 and its 200 day simple moving average is $51.19. The firm has a market cap of $23.16 billion, a P/E ratio of 13.31, a price-to-earnings-growth ratio of 2.01 and a beta of 1.46. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.21.

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Ryanair (NASDAQ:RYAAY - Get Free Report) last posted its earnings results on Monday, February 3rd. The transportation company reported $0.29 EPS for the quarter, beating 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%. On average, equities analysts predict that Ryanair will post 3.09 earnings per share for the current fiscal year.

Institutional Trading of Ryanair

A number of institutional investors have recently bought and sold shares of RYAAY. Charles Schwab Investment Management Inc. purchased a new position in shares of Ryanair in the third quarter worth $4,067,000. Stifel Financial Corp raised its stake in Ryanair by 146.8% in the 3rd quarter. Stifel Financial Corp now owns 51,656 shares of the transportation company's stock worth $2,334,000 after acquiring an additional 30,723 shares during the last quarter. Geode Capital Management LLC lifted its position in Ryanair by 171.6% during the 3rd quarter. Geode Capital Management LLC now owns 656,244 shares of the transportation company's stock worth $29,649,000 after acquiring an additional 414,595 shares during the period. Advisors Asset Management Inc. grew its stake in Ryanair by 182.1% during the 3rd quarter. Advisors Asset Management Inc. now owns 2,217 shares of the transportation company's stock valued at $100,000 after purchasing an additional 1,431 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in shares of Ryanair by 145.6% in the third quarter. JPMorgan Chase & Co. now owns 3,779,187 shares of the transportation company's stock valued at $170,744,000 after purchasing an additional 2,240,230 shares during the period. 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.