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

Deutsche Bank reaffirmed their buy rating on shares of Wizz Air (LON:WIZZ) in a research note published on Friday, June 28th, ThisIsMoney.Co.Uk reports.

Several other research analysts have also issued reports on WIZZ. JPMorgan Chase & Co. raised shares of Intelsat from a neutral rating to an overweight rating and set a $27.00 target price on the stock in a research note on Wednesday, April 3rd. UBS Group lifted their price objective on shares of Zscaler from $60.00 to $70.00 and gave the stock a neutral rating in a research note on Friday, May 31st. HSBC reduced their price objective on shares of Mediclinic International from GBX 360 ($4.70) to GBX 310 ($4.05) and set a hold rating on the stock in a research note on Thursday, June 20th. Berenberg Bank reissued a buy rating and set a GBX 3,600 ($47.04) price objective on shares of in a research note on Friday, May 31st. Finally, Royal Bank of Canada dropped their target price on shares of from GBX 3,000 ($39.20) to GBX 2,900 ($37.89) and set an outperform rating on the stock in a report on Thursday, June 6th. Six analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of Buy and an average price target of GBX 3,484.64 ($45.53).

LON:WIZZ traded up GBX 35 ($0.46) during mid-day trading on Friday, reaching GBX 3,626 ($47.38). 102,898 shares of the company were exchanged, compared to its average volume of 299,998. The stock has a market capitalization of $2.64 billion and a PE ratio of 14.08. The company has a debt-to-equity ratio of 1.90, a quick ratio of 1.71 and a current ratio of 1.99. Wizz Air has a 12 month low of GBX 2,300 ($30.05) and a 12 month high of GBX 3,691 ($48.23). The firm’s fifty day moving average is GBX 3,489.80.

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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Analyst Recommendations for Wizz Air (LON:WIZZ)

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