Goldman Sachs Upgrades Ryanair (RYAAY) to Buy
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Price: $55.30 +1.45%
Rating Summary:
10 Buy, 4 Hold, 3 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
10 Buy, 4 Hold, 3 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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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:
- 17% EPS CAGR from FY 2018 to FY 2020.
- 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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