Wizz Air’s (WIZZ) “Hold” Rating Reiterated at Peel Hunt

Peel Hunt reiterated their hold rating on shares of Wizz Air (LON:WIZZ) in a report released on Tuesday morning, MarketBeat.com reports. Peel Hunt currently has a GBX 1,150 target price on the stock.

A number of other research firms have also recently weighed in on WIZZ. Citigroup lowered their price target on Wizz Air from GBX 1,220 to GBX 770 and set a “sell” rating on the stock in a report on Thursday, October 23rd. UBS Group reissued a “buy” rating on shares of Wizz Air in a report on Friday, November 7th. JPMorgan Chase & Co. raised their price target on Wizz Air from GBX 1,050 to GBX 1,200 and gave the company a “neutral” rating in a research report on Monday. Deutsche Bank Aktiengesellschaft cut their price target on Wizz Air from GBX 1,400 to GBX 1,250 and set a “hold” rating for the company in a research note on Monday, November 17th. Finally, Royal Bank Of Canada decreased their price objective on shares of 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. One research analyst has rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of GBX 1,114.

Wizz Air Trading Down 1.5%

Shares of WIZZ opened at GBX 1,107 on Tuesday. 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. The firm has a market capitalization of £1.14 billion, a P/E ratio of 6.12, a PEG ratio of 0.47 and a beta of 2.28. The firm’s 50-day moving average is GBX 1,109.46 and its two-hundred day moving average is GBX 1,212.07.

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.