Shares of Wizz Air Holdings Plc (LON:WIZZ – Get Rating) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 1,978 ($24.01) and last traded at GBX 1,978.50 ($24.01), with a volume of 1182017 shares trading hands. The stock had previously closed at GBX 2,051 ($24.89).
A number of equities research analysts have issued reports on WIZZ shares. JPMorgan Chase & Co. restated an “overweight” rating on shares of Wizz Air in a research report on Tuesday, May 17th. Deutsche Bank Rese… set a GBX 2,900 ($35.20) price objective on Wizz Air in a research report on Thursday, March 24th. Berenberg Bank upgraded Wizz Air to a “buy” rating and reduced their price target for the stock from GBX 3,500 ($42.48) to GBX 3,300 ($40.05) in a report on Tuesday. UBS Group set a GBX 2,700 ($32.77) price target on Wizz Air in a report on Wednesday. Finally, BNP Paribas upgraded Wizz Air to a “hold” rating and set a GBX 2,900 ($35.20) price target on the stock in a report on Friday, March 18th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of GBX 3,584.62 ($43.51).
The company has a market cap of £2.30 billion and a P/E ratio of -3.66. The firm has a 50 day moving average of GBX 2,935.09 and a 200-day moving average of GBX 3,520.53. The company has a quick ratio of 1.02, a current ratio of 1.15 and a debt-to-equity ratio of 1,502.39.
Wizz Air Company Profile (LON:WIZZ)
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…
