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.

Wizz Air Stock Up 0.9 %

WIZZ Stock traded up GBX 20.13 ($0.24) during midday trading on Wednesday, hitting GBX 2,252.13 ($27.21). 287,077 shares of the company's stock were exchanged, compared to its average volume of 512,318. The stock has a market capitalization of £2.71 billion and a price-to-earnings ratio of -4.12. The firm has a 50 day moving average price of GBX 2,094.64 and a 200-day moving average price of GBX 2,858.19. The company has a current ratio of 1.15, a quick ratio of 0.96 and a debt-to-equity ratio of 1,502.39. Wizz Air has a 12-month low of GBX 1,664 ($20.11) and a 12-month high of GBX 5,478 ($66.19).

Analyst Ratings Changes

Several research analysts have issued reports on the company. Berenberg Bank reduced their price objective on 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. Deutsche Bank Aktiengesellschaft restated a "hold" rating and issued a GBX 2,350 ($28.40) target price on shares of Wizz Air in a research report on Tuesday, July 12th. UBS Group set a GBX 2,700 ($32.62) target price on shares of Wizz Air in a research note on Monday, July 18th. JPMorgan Chase & Co. dropped their price target 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. Finally, Barclays reissued an "overweight" rating and issued a GBX 4,300 ($51.96) price target on shares of Wizz Air in a report on Monday, May 23rd. One research analyst has rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of GBX 3,571.25 ($43.15).

Insider Transactions at Wizz Air

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