Wizz Air (LON:WIZZ) Stock Rating Reaffirmed by Berenberg Bank

Berenberg Bank reissued their buy rating on shares of Wizz Air (LON:WIZZ) in a report published on Monday, November 12th.

Several other brokerages also recently issued reports on WIZZ. Numis Securities raised their price objective on shares of Wizz Air from GBX 4,337 ($56.67) to GBX 4,363 ($57.01) and gave the stock a buy rating in a research note on Friday, July 27th. Citigroup decreased their price target on shares of Wizz Air from GBX 3,700 ($48.35) to GBX 3,450 ($45.08) and set a hold rating for the company in a research note on Thursday, August 30th. Morgan Stanley assumed coverage on shares of Wizz Air in a research note on Wednesday, September 5th. They set an equal weight rating and a GBX 3,775 ($49.33) price target for the company. Royal Bank of Canada reaffirmed a top pick rating and set a GBX 3,600 ($47.04) price target on shares of Wizz Air in a research note on Wednesday, November 7th. Finally, Barclays reaffirmed an overweight rating and set a GBX 3,870 ($50.57) price target (down previously from GBX 4,080 ($53.31)) on shares of Wizz Air in a research note on Thursday, November 8th. Three research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of Buy and an average price target of GBX 3,537.36 ($46.22).

Shares of LON:WIZZ traded up GBX 16 ($0.21) during trading on Monday, reaching GBX 2,918 ($38.13). The company’s stock had a trading volume of 160,103 shares, compared to its average volume of 299,998. Wizz Air has a 12 month low of GBX 1,597 ($20.87) and a 12 month high of GBX 3,825 ($49.98).

In other Wizz Air news, insider Barry Eccleston acquired 2,500 shares of the business’s stock in a transaction that occurred on Thursday, November 8th. The shares were bought at an average cost of GBX 2,927 ($38.25) per share, with a total value of £73,175 ($95,616.10).

Wizz Air Company Profile

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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