Wizz Air (LON:WIZZ) Given Hold Rating at Peel Hunt

Peel Hunt reaffirmed their hold rating on shares of Wizz Air (LON:WIZZ) in a report released on Tuesday morning, MarketBeat reports. The brokerage currently has a GBX 1,150 price target on the stock.

A number of other brokerages have also recently issued reports on WIZZ. Citigroup cut their target price on Wizz Air from GBX 1,220 to GBX 770 and set a “sell” rating on the stock in a report on Thursday, October 23rd. Royal Bank Of Canada cut their target price on Wizz Air from GBX 1,300 to GBX 1,250 and set a “sector perform” rating on the stock in a report on Tuesday, July 29th. Deutsche Bank Aktiengesellschaft cut Wizz Air to a “hold” rating and cut their target price for the stock from GBX 1,500 to GBX 1,400 in a report on Friday, September 19th. Finally, JPMorgan Chase & Co. cut their target price on Wizz Air from GBX 1,350 to GBX 1,100 and set a “neutral” rating on the stock in a report on Friday, July 25th. Four equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Wizz Air presently has an average rating of “Reduce” and an average price target of GBX 1,134.

Wizz Air Price Performance

WIZZ stock opened at GBX 1,030.19 on Tuesday. The stock has a market capitalization of £1.07 billion, a PE ratio of 5.79, a price-to-earnings-growth ratio of 0.47 and a beta of 2.28. The company’s 50-day moving average is GBX 1,196.29 and its 200-day moving average is GBX 1,292.16. The company has a debt-to-equity ratio of 1,582.50, a current ratio of 0.98 and a quick ratio of 0.82. Wizz Air has a 1 year low of GBX 970.50 and a 1 year high of GBX 1,818.

Wizz Air Company Profile

Wizz Air, one of the most sustainable European airlines, operates a fleet of over 220 Airbus A320 and A321 aircraft. A team of dedicated aviation professionals delivers superior service and very low fares, making Wizz Air the preferred choice of 62 million passengers in the financial year ending 31 March 2024.