Wizz Air - WIZZ Share Forecast, Price & News

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. The company provides its services under the Wizz Air brand. Wizz Air Holdings Plc was founded in 2003 and is based in Saint Helier, Jersey.

Wall Street Analysts Forecast Growth

WIZZ has been the topic of several recent analyst reports. Berenberg Bank cut their price objective on shares of Wizz Air from GBX 3,300 ($39.87) to GBX 3,200 ($38.67) and set a "buy" rating on the stock in a report on Friday, July 29th. UBS Group set a GBX 2,700 ($32.62) price target on shares of Wizz Air in a research report on Monday, July 18th. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and set a GBX 2,350 ($28.40) price target on shares of Wizz Air in a research report on Tuesday, July 12th. Sanford C. Bernstein set a GBX 6,105 ($73.77) price objective on Wizz Air in a research note on Wednesday, July 6th. Finally, JPMorgan Chase & Co. cut their target price on Wizz Air from GBX 4,000 ($48.33) to GBX 3,900 ($47.12) and set an "overweight" rating on the stock in a research note on Thursday, July 28th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of GBX 3,571.25 ($43.15).

Wizz Air Trading Up 1.1 %

LON:WIZZ opened at GBX 2,356 ($28.47) on Friday. The stock has a market cap of £2.84 billion and a PE ratio of -4.33. The company has a debt-to-equity ratio of 1,502.39, a current ratio of 1.15 and a quick ratio of 0.96. Wizz Air has a fifty-two week low of GBX 1,664 ($20.11) and a fifty-two week high of GBX 5,478 ($66.19). The stock's 50-day moving average is GBX 2,063.13 and its two-hundred day moving average is GBX 2,827.62.

Insider Activity

In other news, insider Andrew S. Broderick purchased 3,075 shares of Wizz Air stock in a transaction dated Wednesday, July 27th. The stock was acquired at an average cost of GBX 2,165 ($26.16) per share, for a total transaction of £66,573.75 ($80,441.94).