Wizz Air Holdings PLC (WIZZ) Earns “Overweight” Rating from Barclays PLC
Barclays PLC reaffirmed their overweight rating on shares of Wizz Air Holdings PLC (LON:WIZZ) in a research report report published on Wednesday. The firm currently has a GBX 1,840 ($24.51) price objective on the stock.
Several other equities research analysts also recently commented on the stock. Investec cut their target price on shares of Wizz Air Holdings PLC from GBX 2,300 ($30.63) to GBX 1,970 ($26.24) and set a buy rating on the stock in a research report on Thursday, July 21st. JPMorgan Chase & Co. lowered their price target on shares of Wizz Air Holdings PLC from GBX 2,225 ($29.64) to GBX 1,950 ($25.97) and set an overweight rating for the company in a report on Thursday, July 21st. Davy Research restated a neutral rating on shares of Wizz Air Holdings PLC in a report on Wednesday, July 20th. Finally, Goodbody restated a buy rating on shares of Wizz Air Holdings PLC in a report on Thursday, June 2nd. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company presently has an average rating of Buy and a consensus target price of GBX 2,060 ($27.44).
Wizz Air Holdings PLC (LON:WIZZ) opened at 1623.635376 on Wednesday. The company’s 50-day moving average is GBX 1,589.76 and its 200 day moving average is GBX 1,745.40. The firm’s market cap is GBX 924.21 million. Wizz Air Holdings PLC has a one year low of GBX 1,380.00 and a one year high of GBX 2,066.00.
In related news, insider Varadi,Jozsef acquired 20,000 shares of the stock in a transaction dated Friday, June 24th. The stock was bought at an average price of GBX 1,680 ($22.38) per share, for a total transaction of £336,000 ($447,522.64). Also, insider Stephenson,John sold 3,133 shares of Wizz Air Holdings PLC stock in a transaction on Wednesday, June 22nd. The shares were sold at an average price of GBX 1,910 ($25.44), for a total transaction of £59,840.30 ($79,702.05).
Wizz Air Holdings PLC 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.
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