Wizz Air (LON:WIZZ) had its price objective cut by Berenberg Bank from GBX 3,800 ($49.65) to GBX 3,600 ($47.04) in a report issued on Tuesday. They currently have a buy rating on the stock.

WIZZ has been the subject of several other reports. Morgan Stanley lowered their price target on shares of Wizz Air from GBX 3,775 ($49.33) to GBX 3,500 ($45.73) and set an equal weight rating for the company in a research note on Monday, October 8th. Barclays reissued an overweight rating on shares of Wizz Air in a research note on Monday, October 15th. Royal Bank of Canada reissued a top pick rating and issued a GBX 3,600 ($47.04) price target on shares of Wizz Air in a research note on Wednesday, November 7th. UBS Group reissued a buy rating on shares of Wizz Air in a research note on Wednesday, October 24th. Finally, Numis Securities reissued a buy rating and issued a GBX 3,291 ($43.00) price target on shares of Wizz Air in a research note on Wednesday, October 10th. Three equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. Wizz Air has an average rating of Buy and an average price target of GBX 3,464.64 ($45.27).

Wizz Air stock opened at GBX 2,957 ($38.64) on Tuesday. Wizz Air has a twelve month low of GBX 1,597 ($20.87) and a twelve month high of GBX 3,825 ($49.98).

In other Wizz Air news, insider Jozsef Varadi sold 8,406 shares of the business’s stock in a transaction dated Friday, December 21st. The shares were sold at an average price of GBX 2,769 ($36.18), for a total value of £232,762.14 ($304,144.96). Also, insider Barry Eccleston acquired 2,500 shares of the firm’s stock in a transaction on Thursday, November 8th. The stock was purchased at an average price of GBX 2,927 ($38.25) per share, for a total transaction of £73,175 ($95,616.10).

About Wizz Air

Wizz Air Holdings Plc, together with its subsidiaries, provides passenger air transportation services on scheduled short-haul and medium-haul point-to-point routes across Europe and the Middle East. The company operates through two segments, Airline and Tour Operator. The Airline segment operates under the Wizz Air brand.

Further Reading: Cost of Capital Explained

Analyst Recommendations for Wizz Air (LON:WIZZ)

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