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

Shares of Wizz Air Holdings Plc (LON:WIZZ – Get Rating) have been assigned a consensus recommendation of “Hold” from the ten research firms that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is GBX 3,228.33 ($39.39).

WIZZ has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft set a GBX 2,550 ($31.12) target price on Wizz Air in a report on Tuesday, December 13th. Barclays dropped their target price on Wizz Air from GBX 3,500 ($42.71) to GBX 2,640 ($32.21) and set an “overweight” rating for the company in a report on Thursday, November 3rd. JPMorgan Chase & Co. lifted their target price on Wizz Air from GBX 3,400 ($41.49) to GBX 3,600 ($43.93) and gave the stock an “overweight” rating in a report on Monday, January 16th. Finally, UBS Group set a GBX 2,360 ($28.80) target price on Wizz Air in a report on Tuesday, November 8th.

Insider Buying and Selling

In related news, insider Charlotte Andsager purchased 4,000 shares of the firm’s stock in a transaction that occurred on Friday, November 11th. The shares were bought at an average price of GBX 2,277 ($27.79) per share, for a total transaction of £91,080 ($111,140.94). In other Wizz Air news, insider Jozsef Varadi sold 82,234 shares of Wizz Air stock in a transaction dated Tuesday, December 13th. The stock was sold at an average price of GBX 2,412 ($29.43), for a total value of £1,983,484.08 ($2,420,358.85). Also, insider Charlotte Andsager bought 4,000 shares of the firm’s stock in a transaction on Friday, November 11th. The stock was acquired at an average price of GBX 2,277 ($27.79) per share, for a total transaction of £91,080 ($111,140.94).

Wizz Air Trading Up 3.1 %

Shares of Wizz Air stock opened at GBX 2,762 ($33.70) on Friday. The business has a fifty day simple moving average of GBX 2,289.14 and a two-hundred day simple moving average of GBX 2,047.71. Wizz Air has a 1 year low of GBX 1,320 ($16.11) and a 1 year high of GBX 4,867 ($59.39). The company has a market capitalization of £2.85 billion and a price-to-earnings ratio of -5.08. The company has a debt-to-equity ratio of 1,502.39, a current ratio of 0.98 and a quick ratio of 0.82.

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.