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).
COPYRIGHT VIOLATION NOTICE: “JPMorgan Chase & Co. Reiterates “Overweight” Rating for Wizz Air (WIZZ)” was reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this story on another publication, it was illegally copied and republished in violation of U.S. & international copyright & trademark law. The legal version of this story can be viewed at https://www.dispatchtribunal.com/2018/02/03/jpmorgan-chase-co-reiterates-overweight-rating-for-wizz-air-wizz.html.
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.
Receive News & Ratings for Wizz Air Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wizz Air and related companies with MarketBeat.com's FREE daily email newsletter.