Berenberg Bank Lowers Wizz Air (OTCMKTS:WZZZY) Price Target to GBX 3,500

Wizz Air (OTCMKTS:WZZZYGet Rating) had its price target lowered by equities research analysts at Berenberg Bank from GBX 4,400 ($57.25) to GBX 3,500 ($45.54) in a report released on Wednesday, The Fly reports.

A number of other brokerages have also recently issued reports on WZZZY. HSBC cut Wizz Air from a “hold” rating to a “reduce” rating in a research note on Tuesday. AlphaValue cut Wizz Air to a “buy” rating in a research note on Monday, February 28th. Citigroup cut Wizz Air from a “neutral” rating to a “sell” rating in a research note on Monday, January 3rd. Deutsche Bank Aktiengesellschaft cut Wizz Air from a “buy” rating to a “hold” rating in a research note on Thursday, March 24th. Finally, JPMorgan Chase & Co. raised their target price on Wizz Air from GBX 4,960 ($64.53) to GBX 6,000 ($78.06) in a research note on Friday, January 21st. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the company’s stock. According to, the company currently has a consensus rating of “Hold” and an average price target of $4,476.67.

Shares of OTCMKTS:WZZZY traded down $0.54 on Wednesday, reaching $9.89. 100 shares of the company traded hands, compared to its average volume of 6,000. The business’s 50-day simple moving average is $10.85 and its 200 day simple moving average is $13.87. Wizz Air has a 52 week low of $8.40 and a 52 week high of $18.00.

About Wizz Air (Get Rating)

Wizz Air Holdings Plc, together with its subsidiaries, provides passenger air transportation services on scheduled short-haul and medium-haul point-to-point routes across Europe and the Middle East. As of June 04, 2021, it operated a fleet of 137 aircraft that offered services for approximately 824 routes from 43 bases connecting 167 airports in 48 countries.

Featured Stories

The Fly logo

Analyst Recommendations for Wizz Air (OTCMKTS:WZZZY)

Receive News & Ratings for Wizz Air Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wizz Air and related companies with's FREE daily email newsletter.