Wizz Air (LON:WIZZ) had its target price lifted by Goldman Sachs Group from GBX 4,005 ($49.29) to GBX 4,143 ($50.98) in a research note released on Thursday morning, Stock Target Advisor reports. They currently have a buy rating on the stock.
A number of other research analysts also recently issued reports on WIZZ. HSBC boosted their target price on shares of Wizz Air from GBX 3,100 ($38.15) to GBX 3,300 ($40.61) and gave the company a buy rating in a research report on Thursday, May 7th. Berenberg Bank boosted their target price on shares of Wizz Air from GBX 3,200 ($39.38) to GBX 4,000 ($49.22) and gave the company a buy rating in a research report on Tuesday, June 9th. UBS Group reiterated a neutral rating and set a GBX 3,385 ($41.66) target price (up previously from GBX 3,255 ($40.06)) on shares of Wizz Air in a research report on Monday, July 27th. Goodbody restated a buy rating on shares of Wizz Air in a research note on Thursday, April 9th. Finally, Societe Generale boosted their price target on shares of Wizz Air from GBX 3,500 ($43.07) to GBX 3,730 ($45.90) and gave the company a buy rating in a research note on Friday, July 3rd. One investment analyst has rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of Buy and a consensus price target of GBX 3,808.08 ($46.86).
Wizz Air stock opened at GBX 3,216 ($39.58) on Thursday. The company has a quick ratio of 1.05, a current ratio of 1.19 and a debt-to-equity ratio of 165.16. Wizz Air has a 12-month low of GBX 32.94 ($0.41) and a 12-month high of GBX 4,526 ($55.70). The firm’s fifty day moving average is GBX 3,346.52 and its 200 day moving average is GBX 3,300.45. The company has a market capitalization of $2.75 billion and a PE ratio of 12.49.
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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