Panmure Liberum has maintained its 'sell' rating on Wizz Air Holdings PLC (AIM:WIZZ), the budget airline, while raising its target price to 700p from 600p. The broker said Wizz Air's capital markets day set relatively stretching financial targets, although they remained well below pre-pandemic levels, with a goal of a 10% operating margin for the financial year to March 2030.
Wizz Air sees few if any opportunities from airBaltic's bankruptcy and expects a wider shakeout of other European airlines that were unable to hedge against high fuel prices, the budget carrier's CEO Jozsef Varadi told Reuters on Monday.
European budget carriers Wizz Air and Ryanair called on Tuesday for an overhaul of Britain's air traffic control provider NATS following a new technical issue that disrupted hundreds of flights at key airports in the country.
International Consolidated Airlines Group SA (LSE:IAG) and Wizz Air Holdings PLC (AIM:WIZZ) are at the sharp end of a deeply divided market, according to new positioning data published by Citi. Shares in the British Airways parent climbed 1.47% to 448.4p on Wednesday, while the budget airline gained 1.84% to 1,105p, despite the broker highlighting increasingly debated investor sentiment across ...
Investors have grown more positive on European airlines over the past week, according to Citi, though overall positioning across the sector remains net negative. Long crowding, a measure of how heavily investors are clustered on the same bullish trade, increased across every stock the bank covers.
British Airways owner International Consolidated Airlines Group SA (LSE:IAG), Intercontinental Hotels Group PLC (LSE:IHG) and Wizz Air Holdings PLC (AIM:WIZZ) shares rose on Monday as hopes of a diplomatic breakthrough between the US and Iran sent oil prices sharply lower and improved sentiment towards travel companies. US President Donald Trump said he had cancelled planned strikes against Ira...
Wizz Air Holdings PLC (AIM:WIZZ) faces a slower earnings recovery than the almost "hockey stick" that investors expect, leading RBC Capital Markets to downgrade the budget airline. Moving to an 'underperform' rating from 'sector perform', the investment bank kept its £9 share price target, implying about 20% downside from the last close, arguing that the market is pricing in a much stronger reb...
StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.