Wizz Air Holdings Plc (OTCMKTS:WZZZY) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Wizz Air Holdings Plc (OTCMKTS:WZZZY) have received a consensus recommendation of “Hold” from the six research firms that are presently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a strong buy rating to the company.

Several research analysts have issued reports on WZZZY shares. Citigroup reissued a “neutral” rating on shares of Wizz Air in a research report on Friday, July 3rd. Sanford C. Bernstein downgraded shares of Wizz Air from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. Royal Bank Of Canada lowered shares of Wizz Air from an “outperform” rating to an “underperform” rating in a research report on Friday, July 10th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Wizz Air in a research note on Monday, June 15th.

Wizz Air Stock Performance

Shares of WZZZY stock opened at $3.90 on Friday. Wizz Air has a 12-month low of $2.90 and a 12-month high of $7.00. The firm’s 50 day moving average is $3.71 and its 200 day moving average is $3.90.

About Wizz Air

Wizz Air Holdings plc, trading on the OTC market under the symbol WZZZY, is a Hungary-based low-cost airline group headquartered in Budapest. The company provides scheduled passenger air transportation using a single-aisle Airbus fleet, operating under a no-frills model that offers basic fares with optional ancillary services. Wizz Air focuses on cost-efficient operations through high aircraft utilization, direct sales channels and streamlined ground handling processes.

The airline operates a fleet composed primarily of Airbus A320 and A321 aircraft, serving more than 170 destinations across Central, Eastern and Western Europe, as well as select markets in the Middle East and North Africa.