Wizz Air (LON:WIZZ) Price Target Raised to GBX 4,200

Wizz Air (LON:WIZZ) had its target price upped by Berenberg Bank from GBX 4,000 ($49.22) to GBX 4,200 ($51.69) in a research report sent to investors on Thursday, Stock Target Advisor reports. They currently have a buy rating on the stock.

Other research analysts have also recently issued reports about the company. Deutsche Bank reissued a buy rating and set a GBX 4,000 ($49.22) target price on shares of Wizz Air in a research note on Thursday. Citigroup reissued a buy rating on shares of Wizz Air in a research note on Friday, April 24th. JPMorgan Chase & Co. decreased their price target on Wizz Air from GBX 4,700 ($57.84) to GBX 4,150 ($51.07) and set an overweight rating for the company in a report on Monday, July 13th. UBS Group reaffirmed a neutral rating and set a GBX 3,385 ($41.66) price target (up from GBX 3,255 ($40.06)) on shares of Wizz Air in a report on Monday, July 27th. Finally, Morgan Stanley lifted their price target on Wizz Air from GBX 3,400 ($41.84) to GBX 3,800 ($46.76) and gave the stock an overweight rating in a report on Thursday, June 4th. One analyst has rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of Buy and a consensus price target of GBX 3,808.08 ($46.86).

WIZZ opened at GBX 3,216 ($39.58) on Thursday. Wizz Air has a 12 month low of GBX 32.94 ($0.41) and a 12 month high of GBX 4,526 ($55.70). The stock has a market capitalization of $2.75 billion and a price-to-earnings ratio of 12.49. The company has a debt-to-equity ratio of 165.16, a current ratio of 1.19 and a quick ratio of 1.05. The business has a fifty day moving average price of GBX 3,346.52 and a 200 day moving average price of GBX 3,300.45.

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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Analyst Recommendations for Wizz Air (LON:WIZZ)

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