Wizz Air (LON:WIZZ) Receives Neutral Rating from JPMorgan Chase & Co.

Wizz Air (LON:WIZZ - Get Free Report)'s stock had its "neutral" rating reaffirmed by JPMorgan Chase & Co. in a research report issued on Monday, Marketbeat.com reports.

Separately, Royal Bank Of Canada raised their price target on Wizz Air from GBX 2,300 ($31.31) to GBX 2,400 ($32.67) and gave the stock an "outperform" rating in a research report on Friday, March 28th.

Wizz Air Stock Performance

WIZZ opened at GBX 1,085 ($14.77) on Monday. The stock has a market cap of £1.34 billion, a P/E ratio of 4.52, a P/E/G ratio of 0.47 and a beta of 2.28. The company has a debt-to-equity ratio of 1,582.50, a current ratio of 0.98 and a quick ratio of 0.82. The stock's 50 day simple moving average is GBX 1,396.68 and its 200 day simple moving average is GBX 1,461.55. Wizz Air has a 1-year low of GBX 1,036.75 ($14.11) and a 1-year high of GBX 2,286 ($31.11).

Insider Activity

In related news, insider Charlotte Pedersen acquired 750 shares of the business's stock in a transaction on Friday, June 6th. The shares were bought at an average cost of GBX 1,211 ($16.48) per share, with a total value of £9,082.50 ($12,362.19). Also, insider Andrew S. Broderick bought 595 shares of the company's stock in a transaction dated Monday, April 14th. The shares were acquired at an average cost of GBX 1,414 ($19.25) per share, for a total transaction of £8,413.30 ($11,451.34). Insiders acquired 1,445 shares of company stock worth $1,870,280 over the last three months. 25.73% of the stock is currently owned by corporate insiders.

Wizz Air Company Profile

Wizz Air, one of the most sustainable European airlines, operates a fleet of over 220 Airbus A320 and A321 aircraft. A team of dedicated aviation professionals delivers superior service and very low fares, making Wizz Air the preferred choice of 62 million passengers in the financial year ending 31 March 2024.