Wizz Air (LON:WIZZ) Given a GBX 3,150 Price Target at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft set a GBX 3,150 ($39.00) price objective on Wizz Air (LON:WIZZ – Get Rating) in a research note released on Tuesday, Borsen Zeitung reports.

A number of other research analysts have also issued reports on WIZZ. Barclays lowered their target price on shares of Wizz Air from GBX 3,500 ($43.33) to GBX 2,640 ($32.69) and set an overweight rating on the stock in a research note on Thursday, November 3rd. UBS Group set a GBX 2,360 ($29.22) target price on shares of Wizz Air in a research note on Tuesday, November 8th. Finally, JPMorgan Chase & Co. raised their target price on shares of Wizz Air from GBX 3,400 ($42.09) to GBX 3,600 ($44.57) and gave the company an overweight rating in a research note on Monday, January 16th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the stock presently has an average rating of Hold and an average price target of GBX 3,195.50 ($39.56).

Wizz Air Stock Up 4.7 %

Wizz Air stock opened at GBX 3,026 ($37.46) on Tuesday. The company has a market capitalization of £3.12 billion and a P/E ratio of -5.32. The firm’s fifty day simple moving average is GBX 2,310.36 and its 200-day simple moving average is GBX 2,067.23. The company has a current ratio of 0.98, a quick ratio of 0.82 and a debt-to-equity ratio of 1,502.39. Wizz Air has a 1-year low of GBX 1,320 ($16.34) and a 1-year high of GBX 4,867 ($60.26).

Insiders Place Their Bets

In other news, insider Jozsef Varadi sold 82,234 shares of Wizz Air stock in a transaction dated Tuesday, December 13th. The shares were sold at an average price of GBX 2,412 ($29.86), for a total transaction of £1,983,484.08 ($2,455,718.81). In other news, insider Jozsef Varadi sold 82,234 shares of Wizz Air stock in a transaction dated Tuesday, December 13th. The shares were sold at an average price of GBX 2,412 ($29.86), for a total transaction of £1,983,484.08 ($2,455,718.81). Also, insider Charlotte Andsager bought 4,000 shares of the firm’s stock in a transaction dated Friday, November 11th. The shares were acquired at an average price of GBX 2,277 ($28.19) per share, for a total transaction of £91,080 ($112,764.64).

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.