Wizz Air Holdings PLC (LON:WIZZ)‘s stock had its “equal weight” rating reissued by Barclays PLC in a research note issued to investors on Monday, May 8th. They presently have a GBX 1,820 ($23.49) price objective on the stock, up from their previous price objective of GBX 1,760 ($22.72). Barclays PLC’s target price would suggest a potential downside of 4.51% from the stock’s current price.
Several other equities research analysts also recently commented on WIZZ. Goldman Sachs Group Inc reissued a “buy” rating and set a GBX 2,100 ($27.11) target price on shares of Wizz Air Holdings PLC in a research report on Friday, January 27th. Panmure Gordon reissued a “buy” rating and set a GBX 2,300 ($29.69) target price on shares of Wizz Air Holdings PLC in a research report on Wednesday, February 1st. Davy Research reaffirmed a “neutral” rating and issued a GBX 1,800 ($23.23) price objective on shares of Wizz Air Holdings PLC in a research report on Friday, January 27th. BNP Paribas began coverage on shares of Wizz Air Holdings PLC in a research report on Tuesday, April 11th. They issued a “neutral” rating and a GBX 1,700 ($21.94) price objective for the company. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 1,975 ($25.49) price objective on shares of Wizz Air Holdings PLC in a research report on Tuesday, March 28th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of GBX 1,868.33 ($24.12).
In related news, insider Jozsef Varadi sold 300,000 shares of the company’s stock in a transaction that occurred on Monday, March 13th. The shares were sold at an average price of GBX 1,700 ($21.94), for a total transaction of £5,100,000 ($6,583,193.49).
About Wizz Air Holdings PLC
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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