Viking Holdings Ltd (NYSE:VIK) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Viking Holdings Ltd (NYSE:VIK) has been assigned an average rating of “Moderate Buy” from the ten analysts that are presently covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $35.00.

VIK has been the topic of a number of recent analyst reports. Morgan Stanley increased their price objective on Viking from $31.00 to $33.00 and gave the company an “equal weight” rating in a report on Monday, June 3rd. UBS Group initiated coverage on Viking in a report on Tuesday, May 28th. They issued a “buy” rating and a $35.00 price objective on the stock. Stifel Nicolaus initiated coverage on Viking in a report on Tuesday, May 28th. They issued a “buy” rating and a $37.00 price objective on the stock. Truist Financial initiated coverage on Viking in a report on Friday. They issued a “hold” rating and a $38.00 price objective on the stock. Finally, JPMorgan Chase & Co. initiated coverage on Viking in a report on Tuesday, May 28th. They issued an “overweight” rating and a $34.00 price objective on the stock.

Viking Price Performance

VIK stock opened at $31.54 on Friday. Viking has a 1 year low of $25.71 and a 1 year high of $33.28.

Viking Company Profile

Viking Holdings Ltd engages in the passenger shipping and other forms of passenger transport in North America, the United Kingdom, and internationally. It operates through River and Ocean segments. The company also operates as a tour entrepreneur for passengers and related activities in tourism. As of December 31, 2023, it operated a fleet of 92 ships, including 81 river vessels comprising 58 Longships, 10 smaller classes based on the Longship design, 11 other river vessels, and 1 river vessel charter and the Viking Mississippi; 9 ocean ships; and 2 expedition ships.