Wizz Air Holdings PLC (LON:WIZZ) had its target price hoisted by investment analysts at HSBC from GBX 2,000 ($26.31) to GBX 2,300 ($30.25) in a note issued to investors on Monday. The brokerage currently has a “reduce” rating on the stock. HSBC’s price objective points to a potential downside of 27.33% from the stock’s previous close.

A number of other analysts also recently commented on WIZZ. American Church Mortgage Company increased their price objective on shares of Wizz Air Holdings PLC from GBX 2,000 ($26.31) to GBX 2,300 ($30.25) and gave the company a “reduce” rating in a report on Monday. Numis Securities Ltd reiterated a “buy” rating and issued a GBX 4,005 ($52.68) price objective on shares of Wizz Air Holdings PLC in a report on Monday. increased their price objective on shares of Wizz Air Holdings PLC from GBX 2,000 ($26.31) to GBX 2,300 ($30.25) and gave the company a “reduce” rating in a report on Monday. Societe Generale reiterated 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. Finally, 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 company an “overweight” rating in a report on Thursday, November 9th. Three research analysts have rated the stock with a sell rating, three have assigned a hold rating and seven have given a buy rating to the stock. Wizz Air Holdings PLC presently has a consensus rating of “Hold” and a consensus target price of GBX 2,782.69 ($36.60).

Wizz Air Holdings PLC (WIZZ) traded up GBX 41 ($0.54) on Monday, hitting GBX 3,165 ($41.63). 367,142 shares of the company traded hands, compared to its average volume of 270,690. Wizz Air Holdings PLC has a 52-week low of GBX 1,544 ($20.31) and a 52-week high of GBX 3,404 ($44.77).

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In other news, insider Jozsef Varadi sold 100,000 shares of the stock in a transaction that occurred on Friday, August 18th. The shares were sold at an average price of GBX 2,815 ($37.02), for a total value 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.

Analyst Recommendations for Wizz Air Holdings PLC (LON:WIZZ)

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