Ryanair (NASDAQ:RYAAY) Downgraded by Deutsche Bank Aktiengesellschaft to "Hold"

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

Separately, Evercore ISI lifted their target price on Ryanair from $145.00 to $155.00 and gave the stock an in-line rating in a report on Thursday, April 4th. Three investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of Moderate Buy and an average target price of $158.50.

Ryanair Stock Down 4.0 %

RYAAY stock traded down $5.06 on Friday, reaching $122.64. 873,849 shares of the company traded hands, compared to its average volume of 552,018. Ryanair has a one year low of $87.18 and a one year high of $150.73. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.91 and a quick ratio of 1.00. The company has a market cap of $27.96 billion, a P/E ratio of 14.00, a price-to-earnings-growth ratio of 0.38 and a beta of 1.59. The firm has a fifty day simple moving average of $138.43 and a 200-day simple moving average of $132.00.

Institutional Investors Weigh In On Ryanair

Several large investors have recently made changes to their positions in RYAAY. Capital International Investors increased its stake in Ryanair by 34.9% during the first quarter. Capital International Investors now owns 14,422,006 shares of the transportation company's stock worth $2,099,700,000 after acquiring an additional 3,734,770 shares during the last quarter. Capital World Investors increased its stake in Ryanair by 30.0% during the first quarter. Capital World Investors now owns 12,085,927 shares of the transportation company's stock worth $1,759,590,000 after acquiring an additional 2,791,513 shares during the last quarter. Massachusetts Financial Services Co. MA increased its stake in Ryanair by 2.6% during the third quarter. Massachusetts Financial Services Co. MA now owns 10,320,082 shares of the transportation company's stock worth $1,003,215,000 after acquiring an additional 259,703 shares during the last quarter. Baillie Gifford & Co. increased its stake in Ryanair by 14.6% during the fourth quarter. Baillie Gifford & Co. now owns 9,389,236 shares of the transportation company's stock worth $1,252,149,000 after acquiring an additional 1,197,812 shares during the last quarter. Finally, Sprucegrove Investment Management Ltd. increased its stake in Ryanair by 9.9% during the fourth quarter. Sprucegrove Investment Management Ltd. now owns 2,737,862 shares of the transportation company's stock worth $365,121,000 after acquiring an additional 246,850 shares during the last quarter. 43.66% of the stock is owned by 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.