Increases Wizz Air Holdings PLC (WIZZ) Price Target to GBX 2,300
Wizz Air Holdings PLC (LON:WIZZ) had its price objective hoisted by from GBX 2,000 ($26.31) to GBX 2,300 ($30.25) in a note issued to investors on Monday. The firm currently has a “reduce” rating on the stock. ‘s target price points to a potential downside of 26.84% from the stock’s current price.
A number of other analysts have also recently weighed in on the stock. Barclays PLC increased their price objective on shares of Wizz Air Holdings PLC from GBX 2,520 ($33.14) to GBX 3,630 ($47.74) and gave the stock an “overweight” rating in a report on Tuesday, October 24th. J P Morgan Chase & Co increased their price objective on shares of Wizz Air Holdings PLC from GBX 3,250 ($42.75) to GBX 3,625 ($47.68) and gave the stock an “overweight” rating in a report on Thursday, November 9th. Societe Generale reaffirmed a “buy” rating and issued a GBX 2,800 ($36.83) price objective on shares of Wizz Air Holdings PLC in a report on Thursday, November 9th. Royal Bank Of Canada increased their price objective on shares of Wizz Air Holdings PLC from GBX 2,750 ($36.17) to GBX 3,000 ($39.46) and gave the stock an “outperform” rating in a report on Thursday, July 20th. Finally, Goldman Sachs Group, Inc. (The) increased their price objective on shares of Wizz Air Holdings PLC from GBX 2,985 ($39.26) to GBX 3,355 ($44.13) and gave the stock a “buy” rating in a report on Wednesday, September 20th. Four research analysts have rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of GBX 2,748.21 ($36.15).
Shares of Wizz Air Holdings PLC (WIZZ) opened at GBX 3,144 ($41.35) on Monday. Wizz Air Holdings PLC has a twelve month low of GBX 1,544 ($20.31) and a twelve month high of GBX 3,404 ($44.77).
In other news, insider Jozsef Varadi sold 100,000 shares of the firm’s stock in a transaction dated Friday, August 18th. The shares were sold at an average price of GBX 2,815 ($37.02), for a total transaction of £2,815,000 ($3,702,485.86).
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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