Wizz Air Holdings (LON:WIZZ) Rating Reaffirmed
Wizz Air Holdings (LON:WIZZ) just had their share rating of a ‘Neutral’ issued by research analysts at Nomura, who now has a GBX 1900.00 target price on the 920.62M GBP market cap company or a 8.57% upside potential. This key information was revealed to clients and investors in an analyst research report on Wednesday, 2 December.
From a total of 8 analysts covering Wizz Air Holdings Plc (LON:WIZZ) stock, 6 rate it a ”Buy”, 0 a “Sell”, and 2 a ”Hold”. This means that 75% of the ratings are positive. The highest target price is GBX 33.92 while the lowest target price is GBX 28.64. The mean of all analyst targets is GBX 31.97 with a 22.29% above today’s (GBX 1750) stock price. Wizz Air Holdings Plc was the topic of 20 analyst reports since July 30, 2015 according to the firm StockzIntelligence Inc. Nomura maintained shares on December 2 with “Neutral” rating. Investec maintained shares with “Buy” rating and GBX 2250 target share price in a report from a September 30. JP Morgan maintained WIZZ stock in a recent report from November 5 with “Overweight” rating. Finally, HSBC maintained the stock with “Buy” rating in a report issued on an October 19.
The stock increased 0.23% or GBX 4 on December 2, striking GBX 1750. Approximately 50,339 shares of stock traded hands. Wizz Air Holdings PLC (LON:WIZZ) has risen 23.39% since May 5, 2015 and is uptrending. It has outperformed by 23.59% the S&P500.
Wizz Air Holdings Plc is a United Kingdom airline company. The company has a market cap of 920.62 million GBP. The Firm provides low-cost air transportation services on scheduled short-haul and medium-haul point-to-point routes across Europe and into the Caucasus and the Middle East. It has 10.22 P/E ratio. It operates a fleet of approximately 60 Airbus A320 aircraft, and offers over 380 routes from 22 bases, connecting 112 destinations across 38 countries.