Wizz Air Holdings Plc (LON:WIZZ) Receives Average Rating of “Hold” from Brokerages

Wizz Air Holdings Plc (LON:WIZZGet Rating) has received an average rating of “Hold” from the ten research firms that are covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating on the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is GBX 3,301.88 ($39.71).

A number of brokerages have commented on WIZZ. Barclays increased their price target on shares of Wizz Air from GBX 2,640 ($31.75) to GBX 3,000 ($36.08) and gave the company an “overweight” rating in a research note on Friday, January 27th. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Wizz Air in a report on Thursday, February 2nd. Finally, Deutsche Bank Aktiengesellschaft set a GBX 3,150 ($37.88) price target on Wizz Air in a research report on Tuesday, January 24th.

Wizz Air Trading Down 2.7 %

Shares of LON:WIZZ opened at GBX 2,793 ($33.59) on Friday. The company’s 50-day moving average price is GBX 2,695.87 and its two-hundred day moving average price is GBX 2,211.98. Wizz Air has a one year low of GBX 1,320 ($15.87) and a one year high of GBX 3,314 ($39.85). The company has a debt-to-equity ratio of 1,502.39, a current ratio of 0.98 and a quick ratio of 0.82. The stock has a market capitalization of £2.88 billion and a PE ratio of -329.36.

Insider Transactions at Wizz Air

In other Wizz Air news, insider Jozsef Varadi sold 82,234 shares of the firm’s stock in a transaction on Tuesday, December 13th. The stock was sold at an average price of GBX 2,412 ($29.00), for a total value of £1,983,484.08 ($2,385,141.99). 25.72% of the stock is currently owned by insiders.

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 in Europe and the Middle East. As of June 08, 2022, it operated a fleet of 154 aircraft that offered services for approximately 1000 routes from 194 airports in 51 countries.

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Analyst Recommendations for Wizz Air (LON:WIZZ)

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