Wizz Air (WIZZ) Sets New 1-Year High at $3,482.00
Shares of Wizz Air Holdings PLC (LON:WIZZ) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 3,482 ($46.63) and last traded at GBX 3,456 ($46.28), with a volume of 338846 shares traded. The stock had previously closed at GBX 3,456 ($46.28).
Several equities analysts have weighed in on the company. Numis Securities assumed coverage on Wizz Air in a report on Monday, October 16th. They set a “buy” rating on the stock. restated a “reduce” rating and set a GBX 2,000 ($26.78) target price on shares of Wizz Air in a report on Thursday, October 19th. Societe Generale raised their target price on Wizz Air from GBX 2,800 ($37.50) to GBX 3,800 ($50.89) and gave the company a “buy” rating in a report on Tuesday. Barclays raised their price target on Wizz Air from GBX 2,520 ($33.75) to GBX 3,630 ($48.61) and gave the company an “overweight” rating in a research report on Tuesday, October 24th. Finally, HSBC raised their price target on Wizz Air from GBX 2,000 ($26.78) to GBX 2,300 ($30.80) and gave the company a “reduce” rating in a research report on Monday, November 13th. Four analysts have rated the stock with a sell rating, three have assigned a hold rating and eight have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of GBX 2,898.67 ($38.82).
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About Wizz Air
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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