Wizz Air (LON:WIZZ) had its target price lifted by Numis Securities from GBX 4,204 ($58.08) to GBX 4,310 ($59.55) in a research report report published on Friday. The firm currently has a buy rating on the stock.
A number of other brokerages have also weighed in on WIZZ. JPMorgan Chase & Co. dropped their target price on shares of Wizz Air from GBX 4,100 ($56.65) to GBX 4,000 ($55.26) and set an overweight rating for the company in a research report on Wednesday, January 24th. Royal Bank of Canada upped their target price on shares of Wizz Air from GBX 3,750 ($51.81) to GBX 3,800 ($52.50) and gave the stock an outperform rating in a research report on Thursday, February 1st. Barclays restated an overweight rating on shares of Wizz Air in a research report on Wednesday, January 17th. HSBC restated a reduce rating and set a GBX 2,300 ($31.78) target price on shares of Wizz Air in a research report on Thursday, February 8th. Finally, Societe Generale upped their target price on shares of Wizz Air from GBX 2,800 ($38.68) to GBX 3,800 ($52.50) and gave the stock a buy rating in a research report on Tuesday, November 28th. Four research analysts have rated the stock with a sell rating, two have issued a hold rating and eight have assigned a buy rating to the company’s stock. Wizz Air currently has a consensus rating of Hold and a consensus price target of GBX 3,082.86 ($42.59).
Wizz Air (LON WIZZ) opened at GBX 3,456 ($47.75) on Friday. Wizz Air has a 12-month low of GBX 1,597 ($22.06) and a 12-month high of GBX 3,825 ($52.85). The firm has a market cap of $2,500.00 and a price-to-earnings ratio of 2,273.68.
About Wizz Air
Wizz Air Holdings Plc is a United Kingdom-based airline company. The Company provides low-cost air transportation services on scheduled short-haul and medium-haul point-to-point routes across Europe and into the Caucasus and the Middle East. It operates a fleet of approximately 60 Airbus A320 aircraft, and offers over 380 routes from 22 bases, connecting 112 destinations across 38 countries.
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