Wizz Air (OTCMKTS:WZZAF) Upgraded to Buy by Berenberg Bank

Wizz Air (OTCMKTS:WZZAF – Get Rating) was upgraded by Berenberg Bank from a “hold” rating to a “buy” rating in a note issued to investors on Tuesday, The Fly reports.

Several other equities analysts have also recently commented on WZZAF. Deutsche Bank Aktiengesellschaft cut Wizz Air to a “hold” rating and set a $2,900.00 target price for the company. in a research note on Thursday, March 24th. HSBC lowered Wizz Air to a “sell” rating and set a $25.00 price target on the stock. in a report on Tuesday, April 19th. Finally, Morgan Stanley restated a “hold” rating and issued a $2,800.00 target price on shares of Wizz Air in a report on Tuesday, March 29th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $1,908.33.

OTCMKTS WZZAF opened at $24.70 on Tuesday. The company has a 50-day moving average of $37.31 and a 200-day moving average of $45.63. Wizz Air has a 12 month low of $24.70 and a 12 month high of $73.60.

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.

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