Wizz Air Holdings PLC (WIZZ) Receives GBX 3,405.60 Consensus Target Price from Brokerages
Wizz Air Holdings PLC (LON:WIZZ) has been given a consensus recommendation of “Buy” by the twelve research firms that are covering the stock, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is GBX 3,405.60 ($44.50).
A number of research firms recently commented on WIZZ. HSBC dropped their target price on shares of Wizz Air from GBX 3,900 ($50.96) to GBX 3,000 ($39.20) and set a “buy” rating on the stock in a report on Tuesday, April 2nd. UBS Group reiterated a “neutral” rating on shares of Wizz Air in a report on Tuesday, April 2nd. Citigroup boosted their target price on shares of Wizz Air from GBX 2,650 ($34.63) to GBX 2,850 ($37.24) and gave the stock a “neutral” rating in a report on Wednesday, January 2nd. Morgan Stanley boosted their target price on shares of Wizz Air from GBX 3,200 ($41.81) to GBX 3,250 ($42.47) and gave the stock an “equal weight” rating in a report on Tuesday, January 22nd. Finally, JPMorgan Chase & Co. boosted their target price on shares of Wizz Air from GBX 3,750 ($49.00) to GBX 4,000 ($52.27) and gave the stock an “overweight” rating in a report on Wednesday, April 3rd.
In other news, insider Jozsef Varadi sold 72,000 shares of Wizz Air stock in a transaction that occurred on Thursday, March 28th. The shares were sold at an average price of GBX 3,030 ($39.59), for a total value of £2,181,600 ($2,850,646.81).
About Wizz Air
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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