Wizz Air Holdings PLC (LON:WIZZ) had its price target increased by equities research analysts at from GBX 2,000 ($26.31) to GBX 2,300 ($30.25) in a research report issued on Monday. The firm currently has a “reduce” rating on the stock. ‘s target price would indicate a potential downside of 27.33% from the company’s previous close.
Several other research firms also recently weighed in on WIZZ. Numis Securities Ltd assumed coverage on shares of Wizz Air Holdings PLC in a research note on Monday, October 16th. They issued a “buy” rating for the company. reissued a “reduce” rating and issued a GBX 2,000 ($26.31) price target on shares of Wizz Air Holdings PLC in a research note on Thursday, October 19th. Barclays PLC boosted their price target on shares of Wizz Air Holdings PLC from GBX 2,520 ($33.14) to GBX 3,630 ($47.74) and gave the stock an “overweight” rating in a research note on Tuesday, October 24th. Societe Generale reissued a “buy” rating and issued a GBX 2,800 ($36.83) price target on shares of Wizz Air Holdings PLC in a research note on Thursday, November 9th. Finally, J P Morgan Chase & Co upped their price objective on shares of Wizz Air Holdings PLC from GBX 3,250 ($42.75) to GBX 3,625 ($47.68) and gave the company an “overweight” rating in a research note on Thursday, November 9th. Four investment analysts have rated the stock with a sell rating, three have assigned a hold rating and seven have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 2,748.21 ($36.15).
Shares of Wizz Air Holdings PLC (WIZZ) opened at GBX 3,165 ($41.63) on Monday. Wizz Air Holdings PLC has a one year low of GBX 1,544 ($20.31) and a one year high of GBX 3,404 ($44.77).
In other news, insider Jozsef Varadi sold 100,000 shares of the company’s stock in a transaction dated 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.
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