Wizz Air (LON:WIZZ) Earns Buy Rating from Deutsche Bank

Deutsche Bank reaffirmed their buy rating on shares of Wizz Air (LON:WIZZ) in a research report released on Thursday, Digital Look reports. The brokerage currently has a GBX 4,000 ($49.22) price target on the stock.

Several other equities research analysts also recently issued reports on WIZZ. Societe Generale increased their price objective on shares of Wizz Air from GBX 3,500 ($43.07) to GBX 3,730 ($45.90) and gave the stock a buy rating in a research report on Friday, July 3rd. JPMorgan Chase & Co. decreased their target price on shares of Wizz Air from GBX 4,700 ($57.84) to GBX 4,150 ($51.07) and set an overweight rating for the company in a research report on Monday, July 13th. HSBC raised their target price on shares of Wizz Air from GBX 3,100 ($38.15) to GBX 3,300 ($40.61) and gave the company a buy rating in a research report on Thursday, May 7th. Berenberg Bank raised their target price on shares of Wizz Air from GBX 3,200 ($39.38) to GBX 4,000 ($49.22) and gave the company a buy rating in a research report on Tuesday, June 9th. Finally, Goldman Sachs Group raised their target price on shares of Wizz Air from GBX 3,410 ($41.96) to GBX 4,005 ($49.29) and gave the company a buy rating in a research report on Friday, June 12th. 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 to the stock. The company has an average rating of Buy and a consensus target price of GBX 3,808.08 ($46.86).

Shares of WIZZ stock opened at GBX 3,216 ($39.58) on Thursday. The firm has a fifty day moving average of GBX 3,346.52 and a 200-day moving average of GBX 3,300.45. The company has a quick ratio of 1.05, a current ratio of 1.19 and a debt-to-equity ratio of 165.16. Wizz Air has a 12-month low of GBX 32.94 ($0.41) and a 12-month high of GBX 4,526 ($55.70). The company has a market capitalization of $2.75 billion and a price-to-earnings ratio of 12.49.

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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