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Wizz Air Holdings Plc
WIZZ.UK
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Kepler Capital Reaffirms Their Hold Rating on Wizz Air Holdings (WIZZ)

Kepler Capital analyst Marc Zeck maintained a Hold rating on Wizz Air Holdings with a price target of p1,600.00. The stock closed at p1,082.00. Zeck, who covers the Industrials sector, has an average return of 7.7% and a 52.75% success rate. The consensus rating for Wizz Air Holdings is Hold with an average price target of p1,400.00, indicating a 29.39% upside. Morgan Stanley also maintained a Hold rating with a p1,000.00 price target.

Tip Ranks·
UK
WIZZ
0.00%
Tip Ranks·
UK
WIZZ
0.00%

RBC and Deutsche like SSE; Barclays likes Wizz

Analysts have updated their recommendations and price targets for several London-listed shares. RBC and Deutsche Bank have raised their price targets for SSE, with RBC setting it at 2,475 pence and Deutsche at 2,350 pence. Barclays has increased its price target for Wizz Air to 1,500 pence. Other notable changes include Bernstein raising National Grid's target to 1,300 pence and Citigroup cutting Rightmove's target to 520 pence.

marketscreener·
US
NGG
-0.91%
UK
NG
0.00%
UK
WIZZ
0.00%
marketscreener·
US
NGG
-0.91%
UK
NG
0.00%
UK
WIZZ
0.00%

Barclays Reaffirms Their Buy Rating on Wizz Air Holdings (WIZZ)

Barclays analyst Andrew Lobbenberg reaffirmed a Buy rating for Wizz Air Holdings, setting a price target of £15.00. Lobbenberg, who covers the Industrials sector, has an average return of 1.0% and a 49.54% success rate. UBS also issued a Buy rating, while TR | OpenAI reiterated a Hold rating. The news highlights differing analyst opinions on Wizz Air Holdings.

Tip Ranks·
UK
WIZZ
0.00%
Tip Ranks·
UK
WIZZ
0.00%

Wizz Air’s Earnings Call: Growth Amid Challenges

Wizz Air's Q2 earnings call highlighted revenue growth, strategic capacity management, and cost control, despite facing operational inefficiencies and market challenges. The airline reported a 9% revenue increase, with EBITDA up 19% and operating profit up 25%. Strategic decisions include extending aircraft deliveries to 2033 and maintaining a strong cash position. Challenges include grounded aircraft, increased maintenance costs, and pressures in Abu Dhabi and Vienna. Wizz Air aims for 10-12% annual growth, focusing on market share in Central and Eastern Europe.

Tip Ranks·
UK
WIZZ
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Tip Ranks·
UK
WIZZ
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FTSE 100 retreats as financial and energy stocks drag, GDP data disappoints

London’s FTSE 100 fell 0.6% due to disappointing Q3 GDP data and declines in financial and energy stocks. The FTSE 250 also dipped 0.3%. Aviva's financial targets and 3i Group's cautious investment approach contributed to the decline. The UK economy barely expanded in Q3, reinforcing expectations for a Bank of England interest rate cut in December. Sterling briefly dropped but recovered. Precious metal miners and some individual stocks like Persimmon, Burberry, and Wizz Air saw gains.

Reuters·
US
AVVIY
-0.46%
Reuters·
US
AVVIY
-0.46%