Wizz Air (LON:WIZZ – Get Rating) has been given a GBX 2,700 ($32.77) price target by equities researchers at UBS Group in a report issued on Wednesday, Borsen Zeitung reports. UBS Group’s target price points to a potential upside of 32.72% from the stock’s current price.
A number of other research analysts have also recently commented on WIZZ. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Wizz Air in a research note on Tuesday, May 17th. Morgan Stanley dropped their price target on Wizz Air from GBX 4,900 ($59.47) to GBX 2,800 ($33.98) and set an “equal weight” rating for the company in a research note on Tuesday, March 29th. BNP Paribas raised Wizz Air to a “hold” rating and set a GBX 2,900 ($35.20) target price for the company in a research report on Friday, March 18th. Barclays reaffirmed an “overweight” rating and set a GBX 4,300 ($52.19) target price on shares of Wizz Air in a research report on Monday, May 23rd. Finally, Berenberg Bank raised Wizz Air to a “buy” rating and lowered their target price for the stock from GBX 3,500 ($42.48) to GBX 3,300 ($40.05) in a research report on Tuesday. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of GBX 3,584.62 ($43.51).
Shares of WIZZ opened at GBX 2,034.33 ($24.69) on Wednesday. Wizz Air has a 52 week low of GBX 2,025 ($24.58) and a 52 week high of GBX 5,478 ($66.49). The stock has a market capitalization of £2.45 billion and a price-to-earnings ratio of -3.76. The company has a debt-to-equity ratio of 1,502.39, a quick ratio of 1.02 and a current ratio of 1.15. The stock has a fifty day moving average of GBX 2,935.09 and a 200-day moving average of GBX 3,520.53.
Wizz Air Company Profile (Get…