Wizz Air Holdings Plc (LON:WIZZ) Receives Average Rating of “Hold” from Brokerages

Wizz Air Holdings Plc (LON:WIZZ) has earned a consensus recommendation of “Hold” from the six analysts that are currently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and two have given a buy recommendation to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is GBX 2,740 ($34.63).

Separately, JPMorgan Chase & Co. boosted their target price on Wizz Air from GBX 2,150 ($27.17) to GBX 2,250 ($28.43) and gave the stock a “neutral” rating in a research report on Tuesday, February 27th.

Wizz Air Price Performance

Shares of Wizz Air stock opened at GBX 2,103 ($26.58) on Friday. The stock’s 50-day simple moving average is GBX 2,114.99 and its 200-day simple moving average is GBX 1,983.74. Wizz Air has a 52 week low of GBX 1,518.50 ($19.19) and a 52 week high of GBX 3,229 ($40.81). The company has a market capitalization of £2.17 billion, a price-to-earnings ratio of -485.68, a PEG ratio of -0.30 and a beta of 2.35. The company has a quick ratio of 0.82, a current ratio of 0.89 and a debt-to-equity ratio of 2,493.26.

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 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.