Wizz Air Holdings Plc (OTCMKTS:WZZZY) Receives Consensus Rating of “Hold” from Analysts

Shares of Wizz Air Holdings Plc (OTCMKTS:WZZZY) have been assigned an average recommendation of “Hold” from the six analysts that are presently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and one has issued a strong buy recommendation on the company.

Several analysts recently issued reports on WZZZY shares. Citigroup restated a “neutral” rating on shares of Wizz Air in a research note on Friday, July 3rd. Sanford C. Bernstein downgraded Wizz Air from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. Royal Bank Of Canada cut shares of Wizz Air from an “outperform” rating to an “underperform” rating in a research report on Friday. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Wizz Air in a research note on Monday, June 15th.

Wizz Air Stock Performance

Shares of OTCMKTS:WZZZY opened at $3.90 on Friday. Wizz Air has a 12-month low of $2.90 and a 12-month high of $7.00. The business has a 50 day moving average of $3.62 and a 200-day moving average of $3.92.

Wizz Air Company Profile

Wizz Air Holdings plc, trading on the OTC market under the symbol WZZZY, is a Hungary-based low-cost airline group headquartered in Budapest. The company provides scheduled passenger air transportation using a single-aisle Airbus fleet, operating under a no-frills model that offers basic fares with optional ancillary services. Wizz Air focuses on cost-efficient operations through high aircraft utilization, direct sales channels and streamlined ground handling processes.

The airline operates a fleet composed primarily of Airbus A320 and A321 aircraft, serving more than 170 destinations across Central, Eastern and Western Europe, as well as select markets in the Middle East and North Africa.