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

Wizz Air Holdings Plc (LON:WIZZ) has earned a consensus rating of “Hold” from the six research firms that are presently covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating on the company. The average 12-month price target among brokers that have covered the stock in the last year is GBX 1,094.

A number of research firms have weighed in on WIZZ. Deutsche Bank Aktiengesellschaft cut their price target on Wizz Air from GBX 1,400 to GBX 1,250 and set a “hold” rating on the stock in a research note on Monday, November 17th. UBS Group reiterated a “buy” rating on shares of Wizz Air in a report on Friday, November 7th. Royal Bank Of Canada cut their target price on Wizz Air from GBX 1,250 to GBX 1,200 and set a “sector perform” rating on the stock in a research report on Monday, November 17th. Peel Hunt restated a “hold” rating and set a GBX 1,150 target price on shares of Wizz Air in a research note on Thursday, November 13th. Finally, Citigroup lowered their price target on Wizz Air from GBX 1,220 to GBX 770 and set a “sell” rating for the company in a report on Thursday, October 23rd.

Wizz Air Price Performance

Shares of WIZZ opened at GBX 1,165 on Tuesday. The firm has a market capitalization of £1.20 billion, a price-to-earnings ratio of 6.54, a PEG ratio of 0.47 and a beta of 2.28. The firm’s fifty day simple moving average is GBX 1,113.80 and its 200-day simple moving average is GBX 1,216.76. Wizz Air has a twelve month low of GBX 968.50 and a twelve month high of GBX 1,818. The company has a current ratio of 0.98, a quick ratio of 0.82 and a debt-to-equity ratio of 1,582.50.

Wizz Air Company Profile

Wizz Air, one of the most sustainable European airlines, operates a fleet of over 220 Airbus A320 and A321 aircraft. A team of dedicated aviation professionals delivers superior service and very low fares, making Wizz Air the preferred choice of 62 million passengers in the financial year ending 31 March 2024.