HSBC Holdings plc Increases Wizz Air Holdings PLC (WIZZ) Price Target to GBX 2,300

Wizz Air Holdings PLC (LON:WIZZ) had its target price lifted by equities researchers at HSBC Holdings plc from GBX 2,000 ($26.31) to GBX 2,300 ($30.25) in a note issued to investors on Monday. The firm currently has a “reduce” rating on the stock. HSBC Holdings plc’s price target indicates a potential downside of 27.33% from the company’s current price.

Several other analysts also recently commented on the stock. restated a “reduce” rating and set a GBX 2,000 ($26.31) price objective on shares of Wizz Air Holdings PLC in a research report on Thursday, October 19th. BNP Paribas restated a “neutral” rating on shares of Wizz Air Holdings PLC in a research report on Tuesday, July 18th. Barclays PLC restated an “overweight” rating and set a GBX 2,520 ($33.14) price objective on shares of Wizz Air Holdings PLC in a research report on Monday, July 17th. J P Morgan Chase & Co raised their target price on shares of Wizz Air Holdings PLC from GBX 2,700 ($35.51) to GBX 2,950 ($38.80) and gave the company an “overweight” rating in a research note on Thursday, July 20th. Finally, Royal Bank Of Canada raised their target price on shares of Wizz Air Holdings PLC from GBX 2,750 ($36.17) to GBX 3,000 ($39.46) and gave the company an “outperform” rating in a research note on Thursday, July 20th. Four research analysts have rated the stock with a sell rating, three have given a hold rating and seven have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of GBX 2,748.21 ($36.15).

Shares of Wizz Air Holdings PLC (LON WIZZ) opened at GBX 3,165 ($41.63) on Monday. Wizz Air Holdings PLC has a 52-week low of GBX 1,544 ($20.31) and a 52-week high of GBX 3,404 ($44.77).

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In related news, insider Jozsef Varadi sold 100,000 shares of the firm’s stock in a transaction on Friday, August 18th. The shares were sold at an average price of GBX 2,815 ($37.02), for a total transaction of £2,815,000 ($3,702,485.86).

About Wizz Air Holdings PLC

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)

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