Wizz Air (LON:WIZZ) Earns “Neutral” Rating from UBS Group

UBS Group reiterated their neutral rating on shares of Wizz Air (LON:WIZZ) in a research note released on Friday, ThisIsMoney.Co.Uk reports.

A number of other brokerages also recently issued reports on WIZZ. JPMorgan Chase & Co. upgraded Intelsat from a neutral rating to an overweight rating and set a $27.00 price objective for the company in a research note on Wednesday, April 3rd. Berenberg Bank restated a hold rating and issued a GBX 900 ($11.76) price objective on shares of WPP in a research note on Friday, July 12th. Royal Bank of Canada reduced their price objective on from GBX 3,000 ($39.20) to GBX 2,900 ($37.89) and set an outperform rating for the company in a research note on Thursday, June 6th. Barclays reduced their price objective on Waters from $218.00 to $210.00 and set an equal weight rating for the company in a research note on Wednesday, April 24th. Finally, Deutsche Bank set a $142.00 price objective on MCCORMICK & CO /SH and gave the company a hold rating in a research note on Friday, June 28th. Six research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of Buy and an average target price of GBX 3,484.64 ($45.53).

Shares of LON:WIZZ opened at GBX 3,626 ($47.38) on Friday. The company has a market cap of $2.64 billion and a P/E ratio of 14.08. The company has a debt-to-equity ratio of 1.90, a current ratio of 1.99 and a quick ratio of 1.71. The company has a fifty day simple moving average of GBX 3,489.80. Wizz Air has a 1 year low of GBX 2,300 ($30.05) and a 1 year high of GBX 3,691 ($48.23).

About Wizz Air

Wizz Air Holdings Plc, together with its subsidiaries, provides passenger air transportation services on scheduled short-haul and medium-haul point-to-point routes across Europe and the Middle East. The company operates through two segments, Airline and Tour Operator. The Airline segment operates under the Wizz Air brand.

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Analyst Recommendations for Wizz Air (LON:WIZZ)

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