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

Shares of Wizz Air Holdings Plc (LON:WIZZ) have received a consensus rating of “Hold” from the six ratings firms that are covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is GBX 1,134.

Several equities analysts have recently issued reports on WIZZ shares. Deutsche Bank Aktiengesellschaft cut shares of Wizz Air to a “hold” rating and lowered their price objective for the stock from GBX 1,500 to GBX 1,400 in a research note on Friday, September 19th. UBS Group restated a “buy” rating on shares of Wizz Air in a report on Friday. Royal Bank Of Canada decreased their target price on shares of Wizz Air from GBX 1,300 to GBX 1,250 and set a “sector perform” rating for the company in a report on Tuesday, July 29th. JPMorgan Chase & Co. cut their price target on shares of Wizz Air from GBX 1,350 to GBX 1,100 and set a “neutral” rating on the stock in a report on Friday, July 25th. Finally, Citigroup reduced their price objective on Wizz Air from GBX 1,220 to GBX 770 and set a “sell” rating for the company in a research note on Thursday, October 23rd.

Wizz Air Price Performance

Shares of Wizz Air stock traded down GBX 18.50 on Friday, hitting GBX 980. The company had a trading volume of 1,239,815 shares, compared to its average volume of 1,001,571. The business has a 50-day simple moving average of GBX 1,181.90 and a 200-day simple moving average of GBX 1,288.29. 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 £1.01 billion, a PE ratio of 5.51, a PEG ratio of 0.47 and a beta of 2.28. Wizz Air has a 52 week low of GBX 968.50 and a 52 week high of GBX 1,818.

Wizz Air Company Profile

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.