JPMorgan Chase & Co. upgraded shares of Norwegian Cruise Line (NYSE:NCLH – Free Report) from a neutral rating to an overweight rating in a research report report published on Monday, MarketBeat Ratings reports. The firm currently has $30.00 target price on the stock.
A number of other brokerages have also weighed in on NCLH. Loop Capital assumed coverage on Norwegian Cruise Line in a research note on Tuesday, February 4th. They set a “hold” rating and a $26.00 price target on the stock. The Goldman Sachs Group set a $34.00 target price on Norwegian Cruise Line in a research report on Thursday, January 23rd. Truist Financial increased their target price on Norwegian Cruise Line from $25.00 to $35.00 and gave the stock a “buy” rating in a research report on Monday, December 2nd. Wells Fargo & Company increased their target price on Norwegian Cruise Line from $27.00 to $28.00 and gave the stock an “equal weight” rating in a research report on Friday, February 28th. Finally, Macquarie increased their target price on Norwegian Cruise Line from $30.00 to $31.00 and gave the stock an “outperform” rating in a research report on Thursday, March 6th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $29.19.
Read Our Latest Research Report on Norwegian Cruise Line
Norwegian Cruise Line Trading Up 4.4 %
Institutional Trading of Norwegian Cruise Line
Hedge funds and other institutional investors have recently bought and sold shares of the company. Prestige Wealth Management Group LLC increased its holdings in Norwegian Cruise Line by 192.3% in the third quarter. Prestige Wealth Management Group LLC now owns 1,216 shares of the company’s stock valued at $25,000 after buying an additional 800 shares during the last quarter. Hopwood Financial Services Inc. bought a new position in shares of Norwegian Cruise Line during the fourth quarter valued at approximately $26,000. Stonebridge Financial Group LLC bought a new position in shares of Norwegian Cruise Line during the fourth quarter valued at approximately $27,000. Kestra Investment Management LLC bought a new position in shares of Norwegian Cruise Line during the fourth quarter valued at approximately $27,000. Finally, Rakuten Securities Inc. grew its holdings in shares of Norwegian Cruise Line by 176.0% during the fourth quarter. Rakuten Securities Inc. now owns 1,159 shares of the company’s stock valued at $30,000 after purchasing an additional 739 shares during the last quarter. 69.58% of the stock is owned by institutional investors.
Norwegian Cruise Line Company Profile
Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally. The company operates through the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. It offers itineraries ranging from three days to a 180-days calling on various ports, including Scandinavia, Northern Europe, the Mediterranean, the Greek Isles, Alaska, Canada and New England, Hawaii, Asia, Tahiti and the South Pacific, Australia and New Zealand, Africa, India, South America, the Panama Canal, and the Caribbean.
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