Analysts Set Viking Holdings Ltd (NYSE:VIK) Price Target at $45.13

Shares of Viking Holdings Ltd (NYSE:VIK) have received a consensus recommendation of “Moderate Buy” from the fifteen analysts that are currently covering the company, Marketbeat Ratings reports. Four analysts have rated the stock with a hold recommendation and eleven have given a buy recommendation to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $45.13.

A number of research analysts recently issued reports on the company. Barclays restated an “equal weight” rating and set a $49.00 price target on shares of Viking in a report on Friday, December 13th. JPMorgan Chase & Co. boosted their price target on Viking from $50.00 to $58.00 and gave the company an “overweight” rating in a report on Friday, January 17th. Bank of America boosted their price target on Viking from $40.00 to $51.00 and gave the company a “buy” rating in a report on Wednesday, November 13th. Loop Capital started coverage on Viking in a report on Tuesday, February 4th. They set a “buy” rating and a $55.00 price target on the stock. Finally, Citigroup started coverage on Viking in a research report on Thursday, December 19th. They set a “buy” rating and a $54.00 price objective on the stock.

Viking Stock Performance

Shares of NYSE:VIK opened at $48.06 on Thursday. Viking has a 1 year low of $25.71 and a 1 year high of $53.14. The stock’s 50-day moving average is $47.74 and its 200 day moving average is $42.20.

Institutional Trading of Viking

Hedge funds have recently made changes to their positions in the stock. Charles Schwab Investment Management Inc. bought a new position in Viking in the 3rd quarter valued at approximately $1,269,000. Blue Chip Partners LLC bought a new position in Viking in the 4th quarter valued at approximately $279,000. International Assets Investment Management LLC bought a new position in Viking in the 3rd quarter valued at approximately $2,222,000. Renaissance Capital LLC lifted its position in Viking by 8.5% in the 4th quarter. Renaissance Capital LLC now owns 121,547 shares of the company’s stock valued at $5,355,000 after acquiring an additional 9,527 shares in the last quarter. Finally, Franklin Resources Inc. lifted its position in Viking by 25.7% in the 3rd quarter. Franklin Resources Inc. now owns 4,090,768 shares of the company’s stock valued at $154,931,000 after acquiring an additional 836,353 shares in the last quarter. 98.84% of the stock is owned by institutional investors.

About Viking

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.