Wizz Air (LON:WIZZ) Given New GBX 1,200 Price Target at Royal Bank Of Canada

Wizz Air (LON:WIZZ) had its target price decreased by Royal Bank Of Canada from GBX 1,250 to GBX 1,200 in a research report released on Monday morning, MarketBeat.com reports. Royal Bank Of Canada currently has a sector perform rating on the stock.

WIZZ has been the subject of several other reports. Peel Hunt reaffirmed a “hold” rating and issued a GBX 1,150 price objective on shares of Wizz Air in a research report on Thursday, November 13th. UBS Group reiterated a “buy” rating on shares of Wizz Air in a research note on Friday, November 7th. Citigroup reduced their target price on Wizz Air from GBX 1,220 to GBX 770 and set a “sell” rating for the company in a research note on Thursday, October 23rd. Deutsche Bank Aktiengesellschaft downgraded Wizz Air to a “hold” rating and dropped their price target for the company from GBX 1,500 to GBX 1,400 in a research note on Friday, September 19th. Finally, JPMorgan Chase & Co. reduced their price objective on Wizz Air from GBX 1,350 to GBX 1,100 and set a “neutral” rating for the company in a research note on Friday, July 25th. One equities research analyst has rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of GBX 1,094.

Wizz Air Trading Down 2.6%

Shares of LON:WIZZ opened at GBX 1,043.17 on Monday. The business’s 50-day moving average is GBX 1,139.95 and its 200 day moving average is GBX 1,255.21. 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 968.50 and a 1 year high of GBX 1,818. The firm has a market capitalization of £1.08 billion, a P/E ratio of 5.86, a P/E/G ratio of 0.47 and a beta of 2.28.

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.