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

Wizz Air Holdings Plc (LON:WIZZ) has been assigned a consensus rating of “Hold” from the six brokerages that are currently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is GBX 1,094.

A number of research analysts recently weighed in on WIZZ shares. Royal Bank Of Canada dropped their price objective on shares of Wizz Air from GBX 1,250 to GBX 1,200 and set a “sector perform” rating for the company in a report on Monday, November 17th. Citigroup decreased their price target on shares of Wizz Air from GBX 1,220 to GBX 770 and set a “sell” rating for the company in a research report on Thursday, October 23rd. Peel Hunt restated a “hold” rating and issued a GBX 1,150 price target on shares of Wizz Air in a research note on Thursday, November 13th. UBS Group reaffirmed a “buy” rating on shares of Wizz Air in a research report on Friday, November 7th. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective on Wizz Air from GBX 1,400 to GBX 1,250 and set a “hold” rating on the stock in a research note on Monday, November 17th.

Wizz Air Stock Performance

LON WIZZ opened at GBX 1,165 on Tuesday. 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. The company has a market cap of £1.20 billion, a P/E ratio of 6.54, a P/E/G ratio of 0.47 and a beta of 2.28. The stock has a 50-day moving average of GBX 1,113.80 and a two-hundred day moving average of GBX 1,216.76. Wizz Air has a 1-year low of GBX 968.50 and a 1-year high of GBX 1,818.

About Wizz Air

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.