Deutsche Bank Reiterates “Buy” Rating for Wizz Air (WIZZ)
Deutsche Bank restated their buy rating on shares of Wizz Air (LON:WIZZ) in a research report report published on Monday, ThisIsMoney.Co.Uk reports.
WIZZ has been the topic of a number of other reports. UBS Group reissued a neutral rating on shares of Wizz Air in a report on Tuesday, April 2nd. Berenberg Bank reissued a buy rating and set a GBX 3,600 ($47.04) target price on shares of Wizz Air in a report on Friday. Barclays reissued an overweight rating on shares of Wizz Air in a report on Wednesday, April 24th. 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. Finally, JPMorgan Chase & Co. increased 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. Five analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company’s stock. Wizz Air presently has a consensus rating of Buy and an average target price of GBX 3,419.25 ($44.68).
Shares of LON:WIZZ opened at GBX 3,251 ($42.48) on Monday. The firm has a market cap of $2.38 billion and a price-to-earnings ratio of 12.63. Wizz Air has a 1-year low of GBX 2,300 ($30.05) and a 1-year high of GBX 3,814 ($49.84).
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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