Wizz Air (LON:WIZZ) Stock Rating Reaffirmed by Royal Bank of Canada

Wizz Air (LON:WIZZ)‘s stock had its “outperform” rating restated by analysts at Royal Bank of Canada in a note issued to investors on Thursday, MarketBeat reports. They presently have a GBX 3,300 ($41.74) target price on the stock. Royal Bank of Canada’s target price points to a potential upside of 61.61% from the stock’s previous close.

Separately, JPMorgan Chase & Co. decreased their target price on Wizz Air from GBX 2,250 ($28.46) to GBX 2,150 ($27.19) and set a “neutral” rating on the stock in a research note on Wednesday, May 8th.

Wizz Air Trading Down 0.9 %

Shares of Wizz Air stock opened at GBX 2,042 ($25.83) on Thursday. The company has a debt-to-equity ratio of 2,493.26, a quick ratio of 0.82 and a current ratio of 0.89. The company has a fifty day moving average of GBX 2,232.29 and a 200 day moving average of GBX 2,167.41. The company has a market capitalization of £2.11 billion, a P/E ratio of -471.59, a P/E/G ratio of -0.30 and a beta of 2.31. Wizz Air has a fifty-two week low of GBX 1,518.50 ($19.21) and a fifty-two week high of GBX 2,837 ($35.88).

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 in Europe and the Middle East. As of June 08, 2022, it operated a fleet of 154 aircraft that offered services for approximately 1000 routes from 194 airports in 51 countries.