Wizz Air (LON:WIZZ) Reaches New 1-Year Low at $1,338.00

Market Beat
2024.08.14 10:23
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Wizz Air Holdings Plc (LON:WIZZ) reached a new 52-week low as its share price dropped to GBX 1,338 on Wednesday before closing at GBX 1,363. Analysts have mixed sentiments, with Royal Bank of Canada maintaining an 'outperform' rating and targeting GBX 3,300, while JPMorgan downgraded their target from GBX 2,250 to GBX 2,150. Insider Jozsef Varadi bought 10,000 shares at GBX 1,409 each. Wizz Air operates a fleet of 154 aircraft offering services across Europe and the Middle East. The company currently has a market cap of £1.41 billion and a high debt-to-equity ratio of 4,303.16.