Wizz Air Holdings PLC (WIZZ) Lifted to Buy at Goldman Sachs Group Inc.
Wizz Air Holdings PLC (LON:WIZZ) was upgraded by stock analysts at Goldman Sachs Group Inc. to a “buy” rating in a research report issued on Thursday. The firm presently has a GBX 2,100 ($26.05) target price on the stock, up from their previous target price of GBX 1,753 ($21.75). Goldman Sachs Group Inc.’s price objective would suggest a potential upside of 25.30% from the stock’s current price.
WIZZ has been the subject of a number of other research reports. JPMorgan Chase & Co. upped their price objective on Wizz Air Holdings PLC from GBX 2,075 ($25.74) to GBX 2,150 ($26.67) and gave the company an “overweight” rating in a research report on Thursday, November 10th. Societe Generale reiterated a “buy” rating and set a GBX 1,800 ($22.33) price objective on shares of Wizz Air Holdings PLC in a research report on Thursday, November 3rd. Barclays PLC reiterated an “overweight” rating and set a GBX 1,840 ($22.83) price objective on shares of Wizz Air Holdings PLC in a research report on Wednesday, September 14th. Finally, Davy Research reiterated a “neutral” rating on shares of Wizz Air Holdings PLC in a research report on Wednesday, November 9th. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of GBX 2,058.75 ($25.54).
Shares of Wizz Air Holdings PLC (LON:WIZZ) opened at 1724.00 on Thursday. The firm has a 50 day moving average price of GBX 1,582.42 and a 200 day moving average price of GBX 1,655.99. The stock’s market cap is GBX 988.83 million. Wizz Air Holdings PLC has a 12-month low of GBX 1,380.00 and a 12-month high of GBX 2,021.00.
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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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