Wizz Air Holdings Plc (OTCMKTS:WZZZY) Given Average Recommendation of “Hold” by Brokerages

Shares of Wizz Air Holdings Plc (OTCMKTS:WZZZYGet Rating) have received an average recommendation of “Hold” from the twelve ratings firms that are currently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, one has issued a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $2,678.57.

A number of research firms have recently commented on WZZZY. JPMorgan Chase & Co. cut their price objective on Wizz Air from GBX 3,050 ($36.06) to GBX 2,800 ($33.11) in a report on Thursday, November 3rd. Barclays dropped their target price on Wizz Air from GBX 3,500 ($41.39) to GBX 2,640 ($31.22) in a report on Thursday, November 3rd. Morgan Stanley dropped their target price on Wizz Air from GBX 2,700 ($31.93) to GBX 2,600 ($30.74) in a report on Thursday, July 28th. UBS Group dropped their target price on Wizz Air from GBX 2,925 ($34.59) to GBX 2,360 ($27.91) in a report on Tuesday, November 8th. Finally, Oddo Bhf upgraded Wizz Air from an “underperform” rating to a “neutral” rating and set a GBX 2,500 ($29.56) target price on the stock in a report on Tuesday, September 20th.

Wizz Air Stock Performance

Wizz Air stock opened at $4.80 on Friday. The stock’s 50-day moving average is $4.65 and its 200-day moving average is $6.23. Wizz Air has a 12 month low of $3.74 and a 12 month high of $16.40.

About Wizz Air

(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.

Further Reading

Analyst Recommendations for Wizz Air (OTCMKTS:WZZZY)

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