Wizz Air (LON:WIZZ)‘s stock had its “top pick” rating restated by equities researchers at Royal Bank of Canada in a note issued to investors on Wednesday. They presently have a GBX 3,600 ($47.04) price target on the stock. Royal Bank of Canada’s price target indicates a potential upside of 25.39% from the stock’s current price.
A number of other equities research analysts have also recently commented on the stock. UBS Group reaffirmed a “buy” rating on shares of Wizz Air in a report on Wednesday, October 24th. Deutsche Bank lowered their price target on shares of Wizz Air from GBX 4,050 ($52.92) to GBX 3,250 ($42.47) and set a “buy” rating on the stock in a report on Wednesday, October 24th. Societe Generale reaffirmed a “buy” rating on shares of Wizz Air in a report on Friday, October 19th. Barclays reaffirmed an “overweight” rating on shares of Wizz Air in a report on Monday, October 15th. Finally, Berenberg Bank lowered their price target on shares of Wizz Air from GBX 4,000 ($52.27) to GBX 3,800 ($49.65) and set a “buy” rating on the stock in a report on Thursday, October 11th. Four research analysts have rated the stock with a sell rating, three have assigned a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of GBX 3,264.40 ($42.66).
LON:WIZZ opened at GBX 2,871 ($37.51) on Wednesday. Wizz Air has a 12 month low of GBX 1,597 ($20.87) and a 12 month high of GBX 3,825 ($49.98).
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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