Wizz Air (LON:WIZZ) Price Target Raised to GBX 2,400

Wizz Air (LON:WIZZ) had its price target upped by Royal Bank of Canada from GBX 2,300 ($29.74) to GBX 2,400 ($31.03) in a research report report published on Friday, Marketbeat reports. They currently have an outperform rating on the stock.

Wizz Air Stock Down 5.8 %

LON WIZZ opened at GBX 1,568 ($20.27) on Friday. The company has a debt-to-equity ratio of 1,582.50, a current ratio of 0.98 and a quick ratio of 0.82. The firm has a market cap of £1.93 billion, a PE ratio of 6.54, a price-to-earnings-growth ratio of 0.47 and a beta of 2.28. The stock’s 50 day simple moving average is GBX 1,558.72 and its 200 day simple moving average is GBX 1,418.39. Wizz Air has a one year low of GBX 1,135 ($14.68) and a one year high of GBX 2,548 ($32.95).

About Wizz Air

Wizz Air, one of the most sustainable European airlines, operates a fleet of over 220 Airbus A320 and A321 aircraft. A team of dedicated aviation professionals delivers superior service and very low fares, making Wizz Air the preferred choice of 62 million passengers in the financial year ending 31 March 2024.