Shares of Wizz Air Holdings Plc (LON:WIZZ – Get Rating) have earned an average recommendation of “Hold” from the thirteen brokerages that are currently covering the company, Marketbeat reports. Three analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and one has issued a buy recommendation on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is GBX 3,781.25 ($46.62).
A number of brokerages have recently commented on WIZZ. Berenberg Bank reiterated a “hold” rating and set a GBX 3,500 ($43.15) price target on shares of Wizz Air in a report on Thursday, April 28th. Barclays restated an “overweight” rating and set a GBX 4,300 ($53.01) price objective on shares of Wizz Air in a report on Monday, May 9th. Morgan Stanley reduced their target price on shares of Wizz Air from GBX 4,900 ($60.41) to GBX 2,800 ($34.52) and set an “equal weight” rating for the company in a research note on Tuesday, March 29th. JPMorgan Chase & Co. set a GBX 6,100 ($75.21) price target on Wizz Air in a research note on Wednesday, April 20th. Finally, Citigroup reiterated a “sell” rating on shares of Wizz Air in a research report on Monday, April 4th.
Wizz Air stock opened at GBX 2,917 ($35.96) on Monday. Wizz Air has a 52 week low of GBX 2,250 ($27.74) and a 52 week high of GBX 5,478 ($67.54). The company has a debt-to-equity ratio of 432.39, a quick ratio of 1.05 and a current ratio of 1.18. The firm has a market capitalization of £3.51 billion and a PE ratio of -6.02. The business’s 50-day simple moving average is GBX 2,906.22 and its 200-day simple moving average is GBX 3,784.60.
About Wizz Air (Get Rating)
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…