Wizz Air (LON:WIZZ) Receives “Hold” Rating from Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reissued their hold rating on shares of Wizz Air (LON:WIZZGet Rating) in a research note published on Tuesday morning, MarketBeat Ratings reports. The firm currently has a GBX 2,350 ($28.40) price target on the stock.

WIZZ has been the subject of a number of other research reports. UBS Group set a GBX 2,700 ($32.62) price objective on shares of Wizz Air in a research note on Monday, July 18th. Berenberg Bank lowered their target price on shares of Wizz Air from GBX 3,300 ($39.87) to GBX 3,200 ($38.67) and set a buy rating on the stock in a report on Friday, July 29th. JPMorgan Chase & Co. set a GBX 3,900 ($47.12) target price on shares of Wizz Air in a report on Tuesday, September 6th. Sanford C. Bernstein set a GBX 6,105 ($73.77) target price on shares of Wizz Air in a report on Wednesday, July 6th. Finally, Barclays reissued an overweight rating and set a GBX 3,500 ($42.29) price objective on shares of Wizz Air in a report on Tuesday. One research analyst has rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of Hold and an average target price of GBX 3,504.58 ($42.35).

Wizz Air Trading Down 1.9 %

Shares of WIZZ stock opened at GBX 2,007 ($24.25) on Tuesday. Wizz Air has a 52-week low of GBX 1,664 ($20.11) and a 52-week high of GBX 5,478 ($66.19). The stock has a market cap of £2.42 billion and a price-to-earnings ratio of -3.76. The company has a debt-to-equity ratio of 1,502.39, a quick ratio of 0.96 and a current ratio of 1.15. The firm has a fifty day moving average of GBX 2,130.15 and a 200-day moving average of GBX 2,477.84.

Insiders Place Their Bets

In related news, insider Andrew S. Broderick bought 3,075 shares of the company’s stock in a transaction on Wednesday, July 27th. The shares were purchased at an average cost of GBX 2,165 ($26.16) per share, for a total transaction of £66,573.75 ($80,441.94).

Wizz Air Company Profile

(Get Rating)

Wizz Air Holdings Plc, together with its subsidiaries, provides passenger air transportation services on scheduled short-haul and medium-haul point-to-point routes in Europe and the Middle East. As of June 08, 2022, it operated a fleet of 154 aircraft that offered services for approximately 1000 routes from 194 airports in 51 countries.

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Analyst Recommendations for Wizz Air (LON:WIZZ)

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