Wizz Air Holdings PLC (LON:WIZZ) Given Average Recommendation of “Buy” by Analysts

Wizz Air Holdings PLC (LON:WIZZ) has received an average recommendation of “Buy” from the fourteen analysts that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is GBX 3,908.82 ($48.10).

Several research analysts recently issued reports on WIZZ shares. Citigroup reissued a “buy” rating on shares of Wizz Air in a research note on Friday, April 24th. Goodbody reissued a “buy” rating on shares of Wizz Air in a research note on Thursday, April 9th. Credit Suisse Group started coverage on Wizz Air in a research note on Monday, July 27th. They issued an “outperform” rating and a GBX 4,309 ($53.03) price objective on the stock. Morgan Stanley increased their price objective on Wizz Air from GBX 3,400 ($41.84) to GBX 3,800 ($46.76) and gave the stock an “overweight” rating in a research note on Thursday, June 4th. Finally, Deutsche Bank reaffirmed a “buy” rating and set a GBX 4,000 ($49.22) target price on shares of Wizz Air in a research report on Thursday.

WIZZ opened at GBX 3,216 ($39.58) on Tuesday. The stock has a market cap of $2.75 billion and a price-to-earnings ratio of 12.49. The stock’s 50 day moving average price is GBX 3,346.52 and its 200-day moving average price is GBX 3,300.45. Wizz Air has a one year low of GBX 32.94 ($0.41) and a one year high of GBX 4,526 ($55.70). The company has a debt-to-equity ratio of 165.16, a quick ratio of 1.05 and a current ratio of 1.19.

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. The company operates through two segments, Airline and Tour Operator. The Airline segment operates under the Wizz Air brand.

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Analyst Recommendations for Wizz Air (LON:WIZZ)

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