Wizz Air (LON:WIZZ) Earns “Overweight” Rating from Barclays

Barclays reissued their overweight rating on shares of Wizz Air (LON:WIZZGet Rating) in a research report report published on Monday, MarketBeat reports. They currently have a GBX 4,300 ($54.11) price target on the stock.

A number of other research analysts also recently weighed in on WIZZ. Citigroup reiterated a sell rating on shares of Wizz Air in a research report on Monday, April 4th. JPMorgan Chase & Co. reiterated an overweight rating on shares of Wizz Air in a research report on Tuesday, May 17th. BNP Paribas upgraded shares of Wizz Air to a hold rating and set a GBX 2,900 ($36.49) price objective for the company in a research report on Friday, March 18th. Exane BNP Paribas raised shares of Wizz Air from an underperform rating to a neutral rating and set a GBX 2,900 ($36.49) target price for the company in a research note on Friday, March 18th. Finally, Deutsche Bank Rese… set a GBX 2,900 ($36.49) target price on shares of Wizz Air in a research note on Thursday, March 24th. Three investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, Wizz Air presently has a consensus rating of Hold and a consensus price target of GBX 3,667.31 ($46.15).

Shares of Wizz Air stock opened at GBX 3,034 ($38.18) on Monday. The firm has a 50-day simple moving average of GBX 2,959.64 and a two-hundred day simple moving average of GBX 3,691.57. The company has a market cap of £3.65 billion and a P/E ratio of -6.20. Wizz Air has a fifty-two week low of GBX 2,250 ($28.31) and a fifty-two week high of GBX 5,478 ($68.93). The company has a debt-to-equity ratio of 432.39, a quick ratio of 1.05 and a current ratio of 1.18.

Wizz Air Company Profile (Get Rating)

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. As of June 04, 2021, it operated a fleet of 137 aircraft that offered services for approximately 824 routes from 43 bases connecting 167 airports in 48 countries.

Further Reading

Analyst Recommendations for Wizz Air (LON:WIZZ)

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