Wizz Air Holdings PLC (WIZZ) Given Consensus Recommendation of “Hold” by Analysts
Wizz Air Holdings PLC (LON:WIZZ) has been assigned a consensus recommendation of “Hold” from the fifteen ratings firms that are covering the stock, Marketbeat reports. Four research analysts have rated the stock with a sell rating, three have assigned a hold rating and eight have issued a buy rating on the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is GBX 3,470.25 ($45.20).
A number of research firms have recently issued reports on WIZZ. Numis Securities upped their price objective on Wizz Air from GBX 4,337 ($56.49) to GBX 4,363 ($56.83) and gave the stock a “buy” rating in a report on Friday, July 27th. BNP Paribas cut their price objective on Wizz Air from GBX 3,300 ($42.99) to GBX 3,200 ($41.68) and set a “neutral” rating for the company in a report on Thursday, June 7th. Berenberg Bank began coverage on Wizz Air in a report on Tuesday, September 18th. They issued a “buy” rating and a GBX 4,000 ($52.10) price objective for the company. Societe Generale reiterated a “buy” rating on shares of Wizz Air in a report on Thursday, June 14th. Finally, Citigroup cut their price objective on Wizz Air from GBX 3,700 ($48.20) to GBX 3,450 ($44.94) and set a “hold” rating for the company in a report on Thursday, August 30th.
Shares of WIZZ traded down GBX 89 ($1.16) during midday trading on Friday, reaching GBX 2,779 ($36.20). The stock had a trading volume of 495,043 shares, compared to its average volume of 299,998. Wizz Air has a 12-month low of GBX 1,597 ($20.80) and a 12-month high of GBX 3,825 ($49.82).
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.
See Also: How to Invest in Growth Stocks
Receive News & Ratings for Wizz Air Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wizz Air and related companies with MarketBeat.com's FREE daily email newsletter.