Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) Has Just Had Its Price Target Cut by Equity Analysts at Citigroup to $67.00


Analysis: Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) Stock Target Has Been Increased Today

In a recent research report issued to investors and clients by Citigroup on Wednesday morning, the firm, Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH), had their target price downgraded to $67.00. Analusts currently have a solid “Buy” rating on the stock.

From a total of 14 analysts covering Norwegian Cruise Line (NASDAQ:NCLH) stock, 12 rate it a ”Buy”, 1 a “Sell”, and 3 a ”Hold”. This means that 75% of the ratings are positive. The highest target price is $73 while the lowest target price is $35. The mean of all analyst targets is $65.71 with a 18.05% above today’s ($58.45) stock price. Norwegian Cruise Line was the topic of 7 analyst reports since August 5, 2015 according to the firm StockzIntelligence Inc. Wolfe Research initiated shares on November 18 with “Peer Perform” rating. Stifel Nicolaus maintained NCLH stock in a recent report from August 5 with “Buy” rating.

Approximately 43,938 shares of stock traded hands. Norwegian Cruise Line Holdings Ltd (NASDAQ:NCLH) has risen 19.80% since April 29, 2015 and is uptrending. It has outperformed by 20.00% the S&P500.

Norwegian Cruise Line Holdings Ltd. is a diversified cruise operator. The company has a market cap of $13.41 billion. The Firm operates cruise lines under the Norwegian, Oceania and Regent brands. It has 37.33 P/E ratio. Norwegian offers cruises ranging in length from one day to three weeks.

According to Zacks Investment Research, “Norwegian Cruise Line is a cruise line operator. It offers cruise itineraries in various locations, including destinations in the Caribbean, Bermuda, the Bahamas, Mexico, Alaska, Europe, Hawaii, New England, Central America, North Africa, and Scandinavia. The company markets its services primarily through retail/travel agents. Norwegian Cruise Line is headquartered in Miami, Florida.” Get a free copy of the Zacks research report on Norwegian Cruise Line Holdings Ltd (NCLH).