Societe Generale Reiterates “Buy” Rating for Wizz Air Holdings PLC (WIZZ)
Wizz Air Holdings PLC (LON:WIZZ)‘s stock had its “buy” rating restated by investment analysts at Societe Generale in a research report issued on Thursday. They currently have a GBX 1,800 ($22.30) price target on the stock. Societe Generale’s price objective points to a potential upside of 10.43% from the stock’s current price.
Several other research firms also recently issued reports on WIZZ. Davy Research reiterated a “neutral” rating on shares of Wizz Air Holdings PLC in a research note on Wednesday. JPMorgan Chase & Co. upped their price target on Wizz Air Holdings PLC from GBX 1,950 ($24.15) to GBX 2,075 ($25.70) and gave the stock an “overweight” rating in a research note on Thursday, October 27th. Barclays PLC upped their price target on Wizz Air Holdings PLC from GBX 1,840 ($22.79) to GBX 1,850 ($22.92) and gave the stock an “overweight” rating in a research note on Thursday. Finally, Investec decreased their price target on Wizz Air Holdings PLC from GBX 2,300 ($28.49) to GBX 1,970 ($24.40) and set a “buy” rating for the company in a research note on Thursday, July 21st. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of GBX 2,052.86 ($25.43).
Wizz Air Holdings PLC (LON:WIZZ) opened at 1668.00 on Thursday. Wizz Air Holdings PLC has a 12 month low of GBX 1,380.00 and a 12 month high of GBX 2,021.00. The stock has a 50 day moving average price of GBX 1,569.05 and a 200 day moving average price of GBX 1,673.70. The firm’s market cap is GBX 949.46 million.
About Wizz Air Holdings PLC
Wizz Air Holdings Plc is a United Kingdom-based airline company. The Company provides low-cost air transportation services on scheduled short-haul and medium-haul point-to-point routes across Europe and into the Caucasus and the Middle East. It operates a fleet of approximately 60 Airbus A320 aircraft, and offers over 380 routes from 22 bases, connecting 112 destinations across 38 countries.
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