Wizz Air (LON:WIZZ) had its price target upped by analysts at JPMorgan Chase & Co. from GBX 3,625 ($49.16) to GBX 4,100 ($55.60) in a note issued to investors on Tuesday, January 2nd. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.’s price objective suggests a potential upside of 16.78% from the company’s current price.
Several other research firms have also commented on WIZZ. Citigroup initiated coverage on shares of Wizz Air in a research note on Tuesday, September 12th. They set a “neutral” rating and a GBX 3,060 ($41.50) price objective on the stock. reiterated a “reduce” rating and issued a GBX 2,000 ($27.12) target price on shares of Wizz Air in a research note on Thursday, October 19th. Numis Securities initiated coverage on shares of Wizz Air in a research note on Monday, October 16th. They issued a “buy” rating on the stock. Societe Generale reiterated a “buy” rating and issued a GBX 2,800 ($37.97) target price on shares of Wizz Air in a research note on Thursday, November 16th. Finally, Goldman Sachs Group upped their target price on shares of Wizz Air from GBX 2,985 ($40.48) to GBX 3,355 ($45.50) and gave the stock a “buy” rating in a research note on Wednesday, September 20th. Four equities research analysts have rated the stock with a sell rating, three have issued a hold rating and eight have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 2,930.33 ($39.74).
Wizz Air (LON:WIZZ) traded up GBX 26 ($0.35) during trading hours on Tuesday, reaching GBX 3,511 ($47.61). 133,097 shares of the company traded hands, compared to its average volume of 164,395. Wizz Air has a 1-year low of GBX 1,544 ($20.94) and a 1-year high of GBX 3,730 ($50.58). The company has a market capitalization of $2,550.00 and a price-to-earnings ratio of 1,847.89.
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About Wizz Air
Wizz Air Holdings Plc is a United Kingdom-based airline company. The Company provides low-cost air transportation services on scheduled short-haul and medium-haul point-to-point routes across Europe and into the Caucasus and the Middle East. It operates a fleet of approximately 60 Airbus A320 aircraft, and offers over 380 routes from 22 bases, connecting 112 destinations across 38 countries.
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