Wizz Air Stock Maintains Underperform Rating with Potential Downside of 16.74%

Wizz Air's (LON: WIZZ) stock received an unchanged 'underperform' rating from Royal Bank Of Canada, which also reiterated a GBX 900 price target.

This implies a potential downside of 16.74% from the stock's previous close.

Royal Bank Of Canada is not alone in its cautious view; Citigroup recently cut its price target on Wizz Air to GBX 1,150 and downgraded its stance to 'neutral', citing reduced confidence in the airline's earnings outlook.