Wizz Air Holdings Plc (OTCMKTS:WZZZY – Get Free Report)’s stock price rose 8.2% on Monday. The stock traded as high as $3.8075 and last traded at $3.8075. 365 shares changed hands during trading, a decline of 56% from the average daily volume of 829 shares. The stock had previously closed at $3.52.
Wall Street Analyst Weigh In
Several brokerages have recently issued reports on WZZZY. Citigroup reaffirmed a “neutral” rating on shares of Wizz Air in a research note on Friday, August 7th. Barclays restated an “overweight” rating on shares of Wizz Air in a report on Monday, September 7th. Morgan Stanley lowered shares of Wizz Air from an “equal weight” rating to an “underweight” rating in a research report on Wednesday, August 12th. Royal Bank Of Canada cut Wizz Air from an “outperform” rating to an “underperform” rating in a report on Friday, July 10th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Wizz Air in a research report on Monday, June 15th. One analyst has rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce”.
Read Our Latest Report on Wizz Air
Wizz Air Stock Performance
Wizz Air Company Profile
Wizz Air is a European ultra-low-cost airline group headquartered in Budapest, Hungary. Founded in 2003 and operating its first flight in 2004, the company focuses on providing affordable scheduled air transportation through a low-cost business model.
The group operates a primarily Airbus fleet and offers flights across a network connecting cities in Europe with destinations in the Middle East and North Africa. Its services include scheduled passenger flights, while ancillary offerings such as baggage, seat selection, onboard products and other travel-related services support its business model.
Wizz Air operates through airline entities including Wizz Air Hungary, Wizz Air UK and Wizz Air Malta, with bases in several European countries.
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