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Wizz Air Holdings ( (GB:WIZZ) ) just unveiled an announcement.
Wizz Air Holdings has amended its delivery agreement with Airbus, deferring 88 aircraft deliveries to align with a sustainable growth strategy. This adjustment supports the airline’s goal of achieving a 10-12% seat capacity growth rate through 2030, with a transition to an all-neo fleet by 2029, enhancing its position as an emissions-efficient airline.
The most recent analyst rating on (GB:WIZZ) stock is a Hold with a £1192.00 price target. To see the full list of analyst forecasts on Wizz Air Holdings stock, see the GB:WIZZ Stock Forecast page.
Spark’s Take on GB:WIZZ Stock
According to Spark, TipRanks’ AI Analyst, GB:WIZZ is a Neutral.
Wizz Air Holdings’ stock score is driven by its financial recovery and undervaluation, despite technical weakness and high leverage. The company’s growth prospects are tempered by operational and geopolitical challenges.
To see Spark’s full report on GB:WIZZ stock, click here.
More about Wizz Air Holdings
Wizz Air Holdings PLC is a prominent player in the airline industry, primarily offering low-cost air travel services. The company focuses on providing affordable flights across Europe and beyond, with a strong emphasis on maintaining an emissions-efficient fleet.
Average Trading Volume: 610,281
Technical Sentiment Signal: Sell
Current Market Cap: £1.07B
For an in-depth examination of WIZZ stock, go to TipRanks’ Overview page.