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Panmure Liberum cuts Wizz Air target price despite improved profit outlook amid Middle East conflict challenges

Market News
13 May 2026
Proactive Investors
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Bearish
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Panmure Liberum lowered its target price for Wizz Air to 480p from 525p and maintained a SELL rating despite the airline raising its profit guidance. Wizz Air now expects to break even or make a small profit for the year ending March 2026, reversing an earlier profit warning linked to a €50 million impact from the Middle East conflict. The broker remains cautious, citing the tough trading environment and Wizz Air's history of using one-off items to meet guidance, suggesting the improved outlook may not reflect future challenges.

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