Ryanair (NASDAQ:RYAAY) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Ryanair (NASDAQ:RYAAY) from a hold rating to a buy rating in a research note issued to investors on Tuesday morning.

Separately, Deutsche Bank Aktiengesellschaft raised shares of Ryanair from a “hold” rating to a “buy” rating in a research note on Thursday, March 27th. Two analysts have rated the stock with a hold rating, four have assigned a buy rating and three have given a strong buy rating to the stock. According to MarketBeat, Ryanair has an average rating of “Buy” and a consensus target price of $147.00.

Ryanair Price Performance

Shares of NASDAQ:RYAAY opened at $55.19 on Tuesday. The company’s fifty day moving average is $46.64 and its two-hundred day moving average is $45.72. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.21. Ryanair has a 12-month low of $36.96 and a 12-month high of $55.63. The company has a market cap of $29.36 billion, a P/E ratio of 16.92, a price-to-earnings-growth ratio of 2.01 and a beta of 1.37.

Institutional Trading of Ryanair

Large investors have recently added to or reduced their stakes in the company. Great Lakes Advisors LLC increased its stake in shares of Ryanair by 568.3% in the first quarter. Great Lakes Advisors LLC now owns 284,230 shares of the transportation company’s stock worth $12,043,000 after acquiring an additional 241,700 shares during the last quarter. Ashton Thomas Private Wealth LLC acquired a new position in shares of Ryanair in the first quarter worth $994,000. Goldman Sachs Group Inc. increased its stake in shares of Ryanair by 658.1% in the first quarter. Goldman Sachs Group Inc. now owns 992,245 shares of the transportation company’s stock worth $42,041,000 after acquiring an additional 861,361 shares during the last quarter. Dynamic Technology Lab Private Ltd increased its stake in shares of Ryanair by 138.0% in the first quarter. Dynamic Technology Lab Private Ltd now owns 27,329 shares of the transportation company’s stock worth $1,158,000 after acquiring an additional 15,845 shares during the last quarter. Finally, Teewinot Capital Advisers L.L.C. increased its stake in shares of Ryanair by 19.2% in the first quarter. Teewinot Capital Advisers L.L.C. now owns 660,077 shares of the transportation company’s stock worth $27,967,000 after acquiring an additional 106,466 shares during the last quarter. 43.66% of the stock is 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.