Wizz Air (OTCMKTS:WZZZY) Upgraded to “Moderate Buy” by Royal Bank of Canada

Royal Bank of Canada upgraded shares of Wizz Air (OTCMKTS:WZZZY) to a moderate buy rating in a research report released on Wednesday morning, Zacks.com reports.

Separately, Barclays upgraded shares of Wizz Air to a strong sell rating in a research report on Sunday, June 23rd. One research analyst has rated the stock with a sell rating and three have given a hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of Hold and a consensus price target of $3,116.67.

Wizz Air Price Performance

Shares of OTCMKTS WZZZY remained flat at $4.70 during mid-day trading on Wednesday. The business’s 50-day simple moving average is $6.89 and its two-hundred day simple moving average is $6.70. Wizz Air has a 52-week low of $4.58 and a 52-week high of $8.00.

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 in Europe and the Middle East. As of June 08, 2022, it operated a fleet of 154 aircraft that offered services for approximately 1000 routes from 194 airports in 51 countries.