Goldman Sachs Upgrades Ryanair (RYAAY) to Buy

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June 15, 2017 7:04 AM EDT
Get Alerts RYAAY Hot Sheet
Price: $54.51 -0.51%

Rating Summary:
    10 Buy, 4 Hold, 3 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 12 | Down: 15 | New: 40
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Goldman Sachs upgraded Ryanair (OTC: RYAAY) from Neutral to Buy.

Analyst Daniil Fedorov sees RYAAY as one of two beneficiaries of a potential exit of a legacy carrier. Two other reason he offers for buying the stock are:

  1. 17% EPS CAGR from FY 2018 to FY 2020.
  2. Attractive valuation.

For an analyst ratings summary and ratings history on Ryanair click here. For more ratings news on Ryanair click here.

Shares of Ryanair closed at $109.00 yesterday.


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