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

Shares of Wizz Air Holdings Plc (OTCMKTS:WZZZY) have been given a consensus rating of “Hold” by the six brokerages that are presently covering the firm, Marketbeat Ratings reports. Five analysts have rated the stock with a hold recommendation and one has assigned a strong buy recommendation to the company.

Several brokerages have commented on WZZZY. Zacks Research upgraded shares of Wizz Air to a “hold” rating in a research report on Tuesday, February 3rd. Citigroup upgraded shares of Wizz Air from a “strong sell” rating to a “hold” rating in a report on Thursday, March 19th. Finally, Sanford C. Bernstein downgraded shares of Wizz Air from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th.

Wizz Air Stock Performance

Shares of WZZZY opened at $3.66 on Friday. Wizz Air has a one year low of $2.90 and a one year high of $7.00. The firm has a 50 day simple moving average of $3.26 and a two-hundred day simple moving average of $3.92.

About Wizz Air

Wizz Air Holdings plc, trading on the OTC market under the symbol WZZZY, is a Hungary-based low-cost airline group headquartered in Budapest. The company provides scheduled passenger air transportation using a single-aisle Airbus fleet, operating under a no-frills model that offers basic fares with optional ancillary services. Wizz Air focuses on cost-efficient operations through high aircraft utilization, direct sales channels and streamlined ground handling processes.

The airline operates a fleet composed primarily of Airbus A320 and A321 aircraft, serving more than 170 destinations across Central, Eastern and Western Europe, as well as select markets in the Middle East and North Africa.