Brokerages Set Wizz Air Holdings PLC (WIZZ) PT at $3,470.25

Wizz Air Holdings PLC (LON:WIZZ) has received an average rating of “Hold” from the fifteen ratings firms that are currently covering the company, MarketBeat.com reports. Four research analysts have rated the stock with a sell rating, three have given a hold rating and eight have issued a buy rating on the company. The average 1 year price target among brokerages that have covered the stock in the last year is GBX 3,470.25 ($45.20).

Several research analysts have weighed in on WIZZ shares. Numis Securities boosted their price objective on Wizz Air from GBX 4,310 ($56.14) to GBX 4,337 ($56.49) and gave the stock a “buy” rating in a research report on Wednesday, May 30th. 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 on the stock in a research report on Thursday, June 7th. Societe Generale reissued a “buy” rating on shares of Wizz Air in a research report on Thursday, June 14th. 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 on the stock in a research report on Thursday, August 30th. Finally, Morgan Stanley started coverage on Wizz Air in a research report on Wednesday, September 5th. They issued an “equal weight” rating and a GBX 3,775 ($49.17) price objective on the stock.

WIZZ stock traded down GBX 89 ($1.16) during midday trading on Friday, hitting GBX 2,779 ($36.20). The company’s stock had a trading volume of 495,043 shares, compared to its average volume of 299,998. Wizz Air has a 1 year low of GBX 1,597 ($20.80) and a 1 year high of GBX 3,825 ($49.82).

Wizz Air Company Profile

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.

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Analyst Recommendations for Wizz Air (LON:WIZZ)

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