Wizz Air (WIZZ) Sets New 12-Month High at $3,686.00

Wizz Air Holdings PLC (LON:WIZZ) hit a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 3,686 ($49.28) and last traded at GBX 3,680 ($49.20), with a volume of 125347 shares trading hands. The stock had previously closed at GBX 3,680 ($49.20).

Several brokerages recently weighed in on WIZZ. Numis Securities reaffirmed a “buy” rating and issued a GBX 4,005 ($53.55) target price on shares of Wizz Air in a report on Monday, November 13th. Societe Generale reaffirmed a “buy” rating and issued a GBX 2,800 ($37.44) target price on shares of Wizz Air in a report on Thursday, November 9th. Goldman Sachs Group upped their target price on shares of Wizz Air from GBX 2,985 ($39.91) to GBX 3,355 ($44.86) and gave the stock a “buy” rating in a report on Wednesday, September 20th. reaffirmed a “buy” rating and issued a GBX 4,005 ($53.55) target price on shares of Wizz Air in a report on Monday, November 13th. Finally, Citigroup began coverage on shares of Wizz Air in a report on Tuesday, September 12th. They issued a “neutral” rating and a GBX 3,060 ($40.91) target price for the company. Four equities research analysts have rated the stock with a sell rating, three have given a hold rating and eight have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of GBX 2,930.33 ($39.18).

The firm has a market cap of $2,540.00 and a price-to-earnings ratio of 1,926.70.

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About Wizz Air

Wizz Air Holdings Plc is a United Kingdom-based airline company. The Company 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 operates a fleet of approximately 60 Airbus A320 aircraft, and offers over 380 routes from 22 bases, connecting 112 destinations across 38 countries.

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