JPMorgan Chase & Co. Reiterates “Overweight” Rating for Wizz Air (WIZZ)

Wizz Air (LON:WIZZ)‘s stock had its “overweight” rating restated by equities researchers at JPMorgan Chase & Co. in a research report issued to clients and investors on Thursday. They currently have a GBX 4,000 ($56.17) price target on the stock. JPMorgan Chase & Co.’s price target would suggest a potential upside of 16.69% from the company’s current price.

Several other research analysts have also recently issued reports on WIZZ. Numis Securities initiated coverage on Wizz Air in a research report on Monday, October 16th. They set a “buy” rating on the stock. reaffirmed a “reduce” rating and set a GBX 2,000 ($28.09) target price on shares of Wizz Air in a research report on Thursday, October 19th. Barclays lifted their target price on Wizz Air from GBX 2,520 ($35.39) to GBX 3,630 ($50.98) and gave the company an “overweight” rating in a research report on Tuesday, October 24th. Societe Generale reaffirmed a “buy” rating and set a GBX 2,800 ($39.32) target price on shares of Wizz Air in a research report on Thursday, November 9th. Finally, boosted their price objective on Wizz Air from GBX 2,000 ($28.09) to GBX 2,300 ($32.30) and gave the stock a “reduce” rating in a research report on Monday, November 13th. Four research analysts have rated the stock with a sell rating, two have assigned a hold rating and eight have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of GBX 3,075.29 ($43.19).

Wizz Air (LON:WIZZ) opened at GBX 3,428 ($48.14) on Thursday. The stock has a market capitalization of $2,510.00 and a P/E ratio of 2,300.67. Wizz Air has a 1 year low of GBX 1,544 ($21.68) and a 1 year high of GBX 3,825 ($53.71).

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Wizz Air Company Profile

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.

Analyst Recommendations for Wizz Air (LON:WIZZ)

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