Wizz Air Holdings (WIZZ) Receives Consensus Rating of “Hold” from Analysts

Shares of Wizz Air Holdings (LON:WIZZ) have earned a consensus recommendation of “Hold” from the fourteen ratings firms that are presently covering the stock, MarketBeat reports. Four analysts have rated the stock with a sell rating, two have issued a hold rating and eight have given a buy rating to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is GBX 3,235.83 ($45.42).

Several equities research analysts have commented on the stock. JPMorgan Chase boosted their target price on shares of Wizz Air from GBX 3,625 ($50.88) to GBX 4,100 ($57.55) and gave the stock an “overweight” rating in a research report on Tuesday, January 2nd. HSBC restated a “reduce” rating and set a GBX 2,300 ($32.29) target price on shares of Wizz Air in a research report on Thursday, February 8th. Numis Securities restated a “buy” rating and set a GBX 4,204 ($59.01) target price on shares of Wizz Air in a research report on Thursday, February 1st. BNP Paribas restated a “neutral” rating and set a GBX 3,300 ($46.32) target price on shares of Wizz Air in a research report on Thursday. Finally, Barclays reaffirmed an “overweight” rating on shares of Wizz Air in a research note on Wednesday, January 17th.

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In other news, insider Jozsef Varadi sold 150,000 shares of Wizz Air stock in a transaction on Wednesday, February 28th. The stock was sold at an average price of GBX 3,632 ($50.98), for a total transaction of £5,448,000 ($7,647,389.11).

Shares of LON WIZZ traded up GBX 4 ($0.06) during trading on Friday, hitting GBX 3,340 ($46.88). 254,074 shares of the company were exchanged, compared to its average volume of 299,998. Wizz Air has a 1 year low of GBX 1,597 ($22.42) and a 1 year high of GBX 3,825 ($53.69).

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Wizz Air Company Profile

Wizz Air Holdings Plc, together with its subsidiaries, provides passenger air transportation services on scheduled short-haul and medium-haul point-to-point routes across Europe and the Middle East. It operates a fleet of 87 Airbus A320 and Airbus A321 aircraft that offer services for approximately 550 routes from 28 bases connecting 144 destinations across 43 countries.

Analyst Recommendations for Wizz Air (LON:WIZZ)

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