Wizz Air Holdings Plc (OTCMKTS:WZZZY) Receives Consensus Rating of “Hold” from Brokerages

Shares of Wizz Air Holdings Plc (OTCMKTS:WZZZY) have been given a consensus rating of “Hold” by the six research firms that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a strong buy rating to the company.

A number of research firms have recently weighed in on WZZZY. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Wizz Air in a research note on Monday, June 15th. Citigroup reiterated a “neutral” rating on shares of Wizz Air in a research report on Friday, July 3rd. Royal Bank Of Canada lowered Wizz Air from an “outperform” rating to an “underperform” rating in a research report on Friday. Finally, Sanford C. Bernstein lowered shares of Wizz Air from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th.

Wizz Air Stock Performance

OTCMKTS WZZZY opened at $3.90 on Friday. The business has a fifty day moving average price of $3.67 and a two-hundred day moving average price of $3.91. Wizz Air has a fifty-two week low of $2.90 and a fifty-two week high of $7.00.

About Wizz Air

Wizz Air Holdings plc, trading on the OTC market under the symbol WZZZY, is a Hungary-based low-cost airline group headquartered in Budapest. The company provides scheduled passenger air transportation using a single-aisle Airbus fleet, operating under a no-frills model that offers basic fares with optional ancillary services. Wizz Air focuses on cost-efficient operations through high aircraft utilization, direct sales channels and streamlined ground handling processes.

The airline operates a fleet composed primarily of Airbus A320 and A321 aircraft, serving more than 170 destinations across Central, Eastern and Western Europe, as well as select markets in the Middle East and North Africa.