Wizz Air (LON:WIZZ – Get Rating)‘s stock had its “overweight” rating reiterated by stock analysts at Barclays in a report issued on Friday, Marketbeat Ratings reports. They presently have a GBX 4,300 ($53.72) price target on the stock. Barclays‘s price target would indicate a potential upside of 30.22% from the company’s current price.
Several other research firms have also commented on WIZZ. Citigroup reiterated a “sell” rating on shares of Wizz Air in a research report on Monday, April 4th. BNP Paribas raised Wizz Air to a “hold” rating and set a GBX 2,900 ($36.23) price target for the company in a research report on Friday, March 18th. Deutsche Bank Aktiengesellschaft downgraded Wizz Air to a “hold” rating and reduced their price objective for the company from GBX 5,450 ($68.08) to GBX 2,900 ($36.23) in a research report on Thursday, March 24th. JPMorgan Chase & Co. set a GBX 6,100 ($76.20) price objective on Wizz Air in a research report on Wednesday, April 20th. Finally, Berenberg Bank restated a “hold” rating and issued a GBX 3,500 ($43.72) target price on shares of Wizz Air in a report on Thursday, April 28th. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of GBX 3,667.31 ($45.81).
Shares of LON WIZZ opened at GBX 3,302 ($41.25) on Friday. The company has a current ratio of 1.18, a quick ratio of 1.05 and a debt-to-equity ratio of 432.39. The company’s 50-day moving average price is GBX 2,921.73 and its 200 day moving average price is GBX 3,891.24. Wizz Air has a 52 week low of GBX 2,250 ($28.11) and a 52 week high of GBX 5,478 ($68.43). The stock has a market cap of £3.98 billion and a price-to-earnings ratio of -6.74.
About Wizz Air (Get…