Wizz Air (LON:WIZZ - Free Report) had its price target hoisted by Royal Bank of Canada from GBX 2,300 ($29.72) to GBX 2,400 ($31.01) in a research note issued to investors on Friday morning, MarketBeat reports. Royal Bank of Canada currently has an outperform rating on the stock.
Wizz Air Stock Down 3.0 %
LON:WIZZ traded down GBX 45 ($0.58) during trading hours on Friday, hitting GBX 1,437 ($18.57). 589,653 shares of the company traded hands, compared to its average volume of 1,196,543. Wizz Air has a one year low of GBX 1,135 ($14.66) and a one year high of GBX 2,548 ($32.92). The company has a quick ratio of 0.82, a current ratio of 0.98 and a debt-to-equity ratio of 1,582.50. The company has a market cap of £1.77 billion, a PE ratio of 5.99, a PEG ratio of 0.47 and a beta of 2.28. The firm's 50-day simple moving average is GBX 1,561.60 and its 200-day simple moving average is GBX 1,418.83.
About Wizz Air
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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.
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