Wizz Air Holdings Plc (OTCMKTS:WZZZY) Given Consensus Recommendation of “Hold” by Analysts

Shares of Wizz Air Holdings Plc (OTCMKTS:WZZZY) have been given an average recommendation of “Hold” by the six brokerages that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a strong buy rating to the company.

Several equities research analysts have recently commented on the company. Royal Bank Of Canada downgraded Wizz Air from an “outperform” rating to an “underperform” rating in a report on Friday. Sanford C. Bernstein lowered Wizz Air from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Wizz Air in a research note on Monday, June 15th. Finally, Citigroup reissued a “neutral” rating on shares of Wizz Air in a report on Friday, July 3rd.

Wizz Air Trading Up 0.8%

Shares of WZZZY stock opened at $3.90 on Friday. Wizz Air has a 1 year low of $2.90 and a 1 year high of $7.00. The firm’s fifty day moving average price is $3.62 and its two-hundred day moving average price is $3.92.

About Wizz Air

Wizz Air Holdings plc, trading on the OTC market under the symbol WZZZY, is a Hungary-based low-cost airline group headquartered in Budapest. The company provides scheduled passenger air transportation using a single-aisle Airbus fleet, operating under a no-frills model that offers basic fares with optional ancillary services. Wizz Air focuses on cost-efficient operations through high aircraft utilization, direct sales channels and streamlined ground handling processes.

The airline operates a fleet composed primarily of Airbus A320 and A321 aircraft, serving more than 170 destinations across Central, Eastern and Western Europe, as well as select markets in the Middle East and North Africa.