Ryanair (NASDAQ:RYAAY – Get Free Report) was upgraded by investment analysts at Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a note issued to investors on Thursday, MarketBeat Ratings reports.
Separately, StockNews.com lowered 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 given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $151.00.
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Ryanair Stock Down 4.0 %
Ryanair (NASDAQ:RYAAY – Get Free Report) last released its earnings results on Monday, February 3rd. The transportation company reported $0.29 earnings per share 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%. Equities analysts predict that Ryanair will post 3.09 EPS for the current fiscal year.
Institutional Trading of Ryanair
Institutional investors have recently added to or reduced their stakes in the business. National Bank of Canada FI boosted its holdings in Ryanair by 198.6% in the 4th quarter. National Bank of Canada FI now owns 657 shares of the transportation company’s stock worth $29,000 after acquiring an additional 437 shares during the period. R Squared Ltd acquired a new position in shares of Ryanair during the fourth quarter worth $42,000. EverSource Wealth Advisors LLC boosted its stake 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 valued at $42,000 after purchasing an additional 236 shares during the period. Redwood Park Advisors LLC acquired a new stake in Ryanair during the 4th quarter valued at $43,000. Finally, Pinnacle Bancorp Inc. increased its stake in Ryanair by 150.0% during the 4th quarter. Pinnacle Bancorp Inc. now owns 1,075 shares of the transportation company’s stock worth $47,000 after buying an additional 645 shares during the period. 43.66% of the stock is owned by hedge funds and other institutional investors.
About Ryanair
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.
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