Ryanair’s (RYAAY) “Buy” Rating Reaffirmed at Deutsche Bank Aktiengesellschaft


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Ryanair (NASDAQ:RYAAY)‘s stock had its “buy” rating reaffirmed by investment analysts at Deutsche Bank Aktiengesellschaft in a research report issued to clients and investors on Tuesday, The Fly reports.

Several other research analysts have also issued reports on the stock. TheStreet lowered shares of Ryanair from a “c” rating to a “d+” rating in a research note on Monday, February 1st. Barclays restated an “overweight” rating on shares of Ryanair in a report on Wednesday, January 20th. Berenberg Bank upgraded shares of Ryanair from a “hold” rating to a “buy” rating in a report on Tuesday, March 30th. Morgan Stanley restated an “overweight” rating on shares of Ryanair in a report on Tuesday, February 2nd. Finally, AlphaValue downgraded shares of Ryanair to a “buy” rating in a report on Wednesday, April 7th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $94.00.

RYAAY stock traded up $0.03 during midday trading on Tuesday, reaching $106.06. The company’s stock had a trading volume of 25,189 shares, compared to its average volume of 483,047. Ryanair has a 52 week low of $48.61 and a 52 week high of $118.17. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.70. The business’s 50-day simple moving average is $111.75 and its 200-day simple moving average is $102.68. The stock has a market cap of $23.92 billion, a PE ratio of -23.14 and a beta of 1.61.

Ryanair (NASDAQ:RYAAY) last issued its earnings results on Sunday, January 31st. The transportation company reported ($1.65) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($1.14) by ($0.51). The company had revenue of $406.94 million for the quarter, compared to the consensus estimate of $495.04 million. Ryanair had a negative return on equity of 6.78% and a negative net margin of 21.31%. As a group, equities analysts forecast that Ryanair will post -4.93 earnings per share for the current fiscal year.

A number of large investors have recently modified their holdings of RYAAY. Stifel Financial Corp boosted its position in shares of Ryanair by 103.4% in the fourth quarter. Stifel Financial Corp now owns 23,308 shares of the transportation company’s stock valued at $2,564,000 after acquiring an additional 11,847 shares during the period. Citigroup Inc. boosted its position in shares of Ryanair by 479.4% in the fourth quarter. Citigroup Inc. now owns 11,374 shares of the transportation company’s stock valued at $1,251,000 after acquiring an additional 9,411 shares during the period. BBVA USA Bancshares Inc. boosted its position in shares of Ryanair by 3.0% in the fourth quarter. BBVA USA Bancshares Inc. now owns 11,011 shares of the transportation company’s stock valued at $1,211,000 after acquiring an additional 320 shares during the period. Guggenheim Capital LLC boosted its position in shares of Ryanair by 36.9% in the fourth quarter. Guggenheim Capital LLC now owns 11,340 shares of the transportation company’s stock valued at $1,248,000 after acquiring an additional 3,054 shares during the period. Finally, Comerica Bank boosted its position in shares of Ryanair by 6.7% in the fourth quarter. Comerica Bank now owns 13,851 shares of the transportation company’s stock valued at $1,454,000 after acquiring an additional 867 shares during the period. Hedge funds and other institutional investors own 45.39% of the company’s stock.

About Ryanair

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, Italy, Spain, Germany, and Other European countries. It is also involved in the provision of various ancillary services, such as non-flight scheduled services and internet-related services; in-flight sale of beverages, food, and merchandise; and marketing accommodation and hotel services, car hire, and travel insurance through its Website and mobile app.

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