Wizz Air’s (WIZZ) “Hold” Rating Reiterated at Peel Hunt

Peel Hunt reissued their hold rating on shares of Wizz Air (LON:WIZZ) in a research report sent to investors on Tuesday morning, MarketBeat reports. They currently have a GBX 1,150 price target on the stock.

A number of other equities research analysts also recently weighed in on WIZZ. Royal Bank Of Canada reduced their target price on Wizz Air from GBX 1,300 to GBX 1,250 and set a “sector perform” rating on the stock in a report on Tuesday, July 29th. JPMorgan Chase & Co. reduced their price objective on Wizz Air from GBX 1,350 to GBX 1,100 and set a “neutral” rating on the stock in a research note on Friday, July 25th. Citigroup decreased their target price on Wizz Air from GBX 1,220 to GBX 770 and set a “sell” rating on the stock in a research report on Thursday, October 23rd. Finally, Deutsche Bank Aktiengesellschaft downgraded Wizz Air to a “hold” rating and lowered their target price for the stock from GBX 1,500 to GBX 1,400 in a research note on Friday, September 19th. Four analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Wizz Air has an average rating of “Reduce” and a consensus target price of GBX 1,134.

Wizz Air Stock Performance

LON WIZZ opened at GBX 992.50 on Tuesday. The company has a current ratio of 0.98, a quick ratio of 0.82 and a debt-to-equity ratio of 1,582.50. The firm has a market capitalization of £1.03 billion, a price-to-earnings ratio of 5.58, a P/E/G ratio of 0.47 and a beta of 2.28. The firm’s 50 day simple moving average is GBX 1,181.90 and its 200 day simple moving average is GBX 1,288.29. Wizz Air has a 1 year low of GBX 970.50 and a 1 year 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.