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

A number of equities research analysts have commented on the stock. Barclays restated an "overweight" rating and set a GBX 4,300 ($51.96) target price on shares of Wizz Air in a research note on Monday, May 23rd. Berenberg Bank decreased their target price 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 research note on Friday, July 29th. Sanford C. Bernstein set a GBX 6,105 ($73.77) target price on shares of Wizz Air in a research note on Wednesday, July 6th. Deutsche Bank Aktiengesellschaft restated a "hold" rating and set a GBX 2,350 ($28.40) target price on shares of Wizz Air in a research note on Tuesday, July 12th. Finally, JPMorgan Chase & Co. decreased their target price on shares of 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 given a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of GBX 3,571.25 ($43.15).

Wizz Air Price Performance

Shares of Wizz Air stock traded up GBX 176 ($2.13) on Monday, hitting GBX 2,532 ($30.59). 337,368 shares of the company traded hands, compared to its average volume of 509,996. The business has a 50-day simple moving average of GBX 2,057.92 and a 200 day simple moving average of GBX 2,796.56. Wizz Air has a 52 week low of GBX 1,664 ($20.11) and a 52 week high of GBX 5,478 ($66.19). The stock has a market capitalization of £3.05 billion and a P/E ratio of -4.66. The company has a debt-to-equity ratio of 1,502.39, a quick ratio of 0.96 and a current ratio of 1.15.

Insider Buying and Selling

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