Wizz Air Holdings Plc (OTCMKTS:WZZZY – Get Free Report) has earned a consensus recommendation of “Reduce” from the seven brokerages that are currently covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, four have given a hold recommendation and one has issued a buy recommendation on the company.
WZZZY has been the topic of a number of analyst reports. Barclays reaffirmed an “overweight” rating on shares of Wizz Air in a research report on Monday, September 7th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Wizz Air in a research report on Monday, June 15th. Citigroup reissued a “neutral” rating on shares of Wizz Air in a research report on Friday, August 7th. Morgan Stanley lowered shares of Wizz Air from an “equal weight” rating to an “underweight” rating in a research note on Wednesday, August 12th. Finally, Royal Bank Of Canada downgraded shares of Wizz Air from an “outperform” rating to an “underperform” rating in a research note on Friday, July 10th.
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Wizz Air Price 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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