Wizz Air (LON:WIZZ) had its target price increased by HSBC from GBX 3,650 ($47.69) to GBX 3,800 ($49.65) in a report released on Wednesday morning. HSBC currently has a buy rating on the stock.

Several other brokerages have also recently commented on WIZZ. Morgan Stanley raised their price objective on shares of Wizz Air from GBX 3,200 ($41.81) to GBX 3,250 ($42.47) and gave the company an equal weight rating in a research note on Tuesday, January 22nd. JPMorgan Chase & Co. reiterated an overweight rating on shares of Wizz Air in a research note on Thursday, January 24th. Barclays reduced their price objective on shares of Wizz Air from GBX 3,870 ($50.57) to GBX 3,640 ($47.56) and set an overweight rating for the company in a research note on Thursday, January 17th. Royal Bank of Canada reiterated a top pick rating on shares of Wizz Air in a research note on Friday, January 11th. Finally, Deutsche Bank raised their price objective on shares of Wizz Air from GBX 3,250 ($42.47) to GBX 3,745 ($48.94) and gave the company a buy rating in a research note on Tuesday, January 15th. Three investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of Buy and a consensus price target of GBX 3,472.82 ($45.38).

Shares of LON WIZZ opened at GBX 3,102 ($40.53) on Wednesday. Wizz Air has a 52 week low of GBX 1,597 ($20.87) and a 52 week high of GBX 3,825 ($49.98).

In other news, insider Barry Eccleston acquired 2,500 shares of the business’s stock in a transaction dated Thursday, November 8th. The stock was acquired at an average price of GBX 2,927 ($38.25) per share, with a total value of £73,175 ($95,616.10). Also, insider Jozsef Varadi sold 8,406 shares of the business’s stock in a transaction that occurred on Friday, December 21st. The shares were sold at an average price of GBX 2,769 ($36.18), for a total transaction of £232,762.14 ($304,144.96).

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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