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The latest announcement is out from Wizz Air Holdings ( (GB:WIZZ) ).
Wizz Air Holdings Plc has announced the application for listing 150,000 ordinary shares on the premium segment of the Official List of the Financial Conduct Authority and the London Stock Exchange. These shares are reserved under the company’s Employee Share Plans, specifically the Long-term Incentive Plan, and are expected to be admitted to trading on July 1, 2025. This move is part of Wizz Air’s strategy to enhance its employee incentive programs, potentially strengthening its operational framework and market positioning.
The most recent analyst rating on (GB:WIZZ) stock is a Buy with a £37.50 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 Outperform.
Wizz Air Holdings’ overall stock score reflects a strong recovery in financial performance, particularly in income growth and margin improvement. However, high leverage and negative free cash flow present significant risks. The stock’s technical indicators show upward momentum, supporting a positive outlook. The attractive valuation, with a low P/E ratio, suggests an undervalued opportunity in the airline industry. Positive corporate events, like passenger growth and sustainability initiatives, further enhance the growth potential, offsetting some financial risks.
To see Spark’s full report on GB:WIZZ stock, click here.
More about Wizz Air Holdings
Wizz Air Holdings Plc operates in the airline industry, focusing on providing low-cost air travel services across Europe and beyond. The company is known for its budget-friendly flight options and extensive network of routes, catering primarily to cost-conscious travelers and expanding its market presence in the European aviation sector.
Average Trading Volume: 785,643
Technical Sentiment Signal: Strong Sell
Current Market Cap: £1.08B
Find detailed analytics on WIZZ stock on TipRanks’ Stock Analysis page.