Wizz Air Holdings PLC (WIZZ) Receives Consensus Recommendation of “Buy” from Brokerages

Wizz Air Holdings PLC (LON:WIZZ) has been assigned a consensus recommendation of “Buy” from the ten research firms that are currently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and six have given a buy recommendation to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is GBX 2,503.75 ($32.34).

Several equities analysts have recently weighed in on WIZZ shares. BNP Paribas restated a “neutral” rating on shares of Wizz Air Holdings PLC in a report on Tuesday, July 18th. Barclays PLC restated an “overweight” rating and set a GBX 2,520 ($32.55) price target on shares of Wizz Air Holdings PLC in a report on Monday, July 17th. J P Morgan Chase & Co raised their price target on Wizz Air Holdings PLC from GBX 2,700 ($34.87) to GBX 2,950 ($38.10) and gave the company an “overweight” rating in a report on Thursday, July 20th. Royal Bank Of Canada raised their price target on Wizz Air Holdings PLC from GBX 2,750 ($35.52) to GBX 3,000 ($38.74) and gave the company an “outperform” rating in a report on Thursday, July 20th. Finally, Goldman Sachs Group, Inc. (The) raised their price target on Wizz Air Holdings PLC from GBX 1,960 ($25.31) to GBX 2,750 ($35.52) and gave the company a “buy” rating in a report on Friday, June 16th.

Shares of Wizz Air Holdings PLC (LON:WIZZ) opened at 2899.00 on Tuesday. The company’s market cap is GBX 1.66 billion. Wizz Air Holdings PLC has a 52 week low of GBX 1,472.00 and a 52 week high of GBX 2,975.00. The firm’s 50-day moving average is GBX 2,815.22 and its 200-day moving average is GBX 2,209.29.

TRADEMARK VIOLATION NOTICE: “Wizz Air Holdings PLC (WIZZ) Receives Consensus Recommendation of “Buy” from Brokerages” was first reported by Sports Perspectives and is the sole property of of Sports Perspectives. If you are reading this report on another website, it was copied illegally and reposted in violation of US & international trademark & copyright laws. The correct version of this report can be read at https://sportsperspectives.com/2017/09/12/wizz-air-holdings-plc-wizz-receives-consensus-recommendation-of-buy-from-brokerages.html.

In related news, insider Thierry de Preux sold 5,000 shares of Wizz Air Holdings PLC stock in a transaction dated Wednesday, July 19th. The stock was sold at an average price of GBX 2,600 ($33.58), for a total value of £130,000 ($167,893.58). Also, insider William Franke sold 2,495,043 shares of Wizz Air Holdings PLC stock in a transaction dated Monday, June 19th. The stock was sold at an average price of GBX 2,320 ($29.96), for a total value of £57,884,997.60 ($74,757,842.70). Insiders sold a total of 2,600,043 shares of company stock valued at $6,082,999,760 over the last quarter.

Wizz Air Holdings PLC Company Profile

Wizz Air Holdings Plc is a United Kingdom-based airline company. The Company provides low-cost air transportation services on scheduled short-haul and medium-haul point-to-point routes across Europe and into the Caucasus and the Middle East. It operates a fleet of approximately 60 Airbus A320 aircraft, and offers over 380 routes from 22 bases, connecting 112 destinations across 38 countries.

Analyst Recommendations for Wizz Air Holdings PLC (LON:WIZZ)

Receive News & Ratings for Wizz Air Holdings PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wizz Air Holdings PLC and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply