The Wizz Air Holdings PLC (WIZZ) Receives Consensus Rating of “Buy” from Analysts

The Wizz Air Holdings PLC (WIZZ) Receives Consensus Rating of “Buy” from Analysts

Wizz Air Holdings PLC (LON:WIZZ) has earned an average rating of “Buy” from the ten ratings firms that are covering the company. Three equities research analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is GBX 2,058.75 ($24.84).

Several research analysts have recently commented on WIZZ shares. Davy Research reiterated a “neutral” rating on shares of Wizz Air Holdings PLC in a research note on Wednesday, November 9th. Barclays PLC reiterated an “overweight” rating and set a GBX 1,950 ($23.53) target price on shares of Wizz Air Holdings PLC in a research note on Wednesday, December 14th. Societe Generale reiterated a “buy” rating and set a GBX 1,800 ($21.72) target price on shares of Wizz Air Holdings PLC in a research note on Thursday, November 10th. JPMorgan Chase & Co. lifted their target price on Wizz Air Holdings PLC from GBX 1,950 ($23.53) to GBX 2,075 ($25.03) and gave the stock an “overweight” rating in a research note on Thursday, October 27th. Finally, Goldman Sachs Group Inc. upgraded Wizz Air Holdings PLC to a “buy” rating and lifted their target price for the stock from GBX 1,753 ($21.15) to GBX 2,100 ($25.33) in a research note on Thursday, December 1st.

In other Wizz Air Holdings PLC news, insider Diederik Pen sold 25,000 shares of Wizz Air Holdings PLC stock in a transaction on Thursday, December 15th. The stock was sold at an average price of GBX 1,850 ($22.32), for a total value of £462,500 ($557,968.39). Also, insider Jozsef Varadi sold 20 shares of Wizz Air Holdings PLC stock in a transaction on Thursday, December 8th. The shares were sold at an average price of GBX 1,875 ($22.62), for a total value of £375 ($452.41).

Shares of Wizz Air Holdings PLC (LON:WIZZ) opened at 1809.00 on Thursday. Wizz Air Holdings PLC has a 12 month low of GBX 1,380.00 and a 12 month high of GBX 2,021.00. The firm has a 50-day moving average price of GBX 1,814.00 and a 200-day moving average price of GBX 1,644.05. The company’s market capitalization is GBX 1.04 billion.

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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