Norwegian Cruise Line Holdings Price Target Cut to $38.00 by Analysts at Susquehanna (NCLH)
Stock analysts at Susquehanna lowered their price objective on shares of Norwegian Cruise Line Holdings (NASDAQ:NCLH) from $42.00 to $38.00 in a report issued on Monday, AnalystRatingsNetwork reports. The firm currently has a “positive” rating on the stock. Susquehanna’s price objective suggests a potential upside of 19.99% from the stock’s previous close.
A number of other analysts have also recently weighed in on NCLH. Analysts at Goldman Sachs upgraded shares of Norwegian Cruise Line Holdings from a “neutral” rating to a “buy” rating in a research note on Monday, April 21st. They now have a $37.00 price target on the stock. Separately, analysts at Longbow Research initiated coverage on shares of Norwegian Cruise Line Holdings in a research note on Thursday, April 17th. They set a “buy” rating and a $38.00 price target on the stock. Finally, analysts at JPMorgan Chase & Co. cut their price target on shares of Norwegian Cruise Line Holdings from $40.00 to $39.00 in a research note on Wednesday, February 19th. Eight investment analysts have rated the stock with a buy rating, Norwegian Cruise Line Holdings currently has an average rating of “Buy” and a consensus target price of $37.34.
Shares of Norwegian Cruise Line Holdings (NASDAQ:NCLH) traded up 2.26% on Monday, hitting $31.67. The stock had a trading volume of 3,810,927 shares. Norwegian Cruise Line Holdings has a 52 week low of $28.00 and a 52 week high of $37.30. The stock has a 50-day moving average of $31.89 and a 200-day moving average of $33.15. The company has a market cap of $6.497 billion and a P/E ratio of 63.20.
Norwegian Cruise Line Holdings (NASDAQ:NCLH) last announced its earnings results on Tuesday, February 18th. The company reported $0.19 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.18 by $0.01. The company had revenue of $600.30 million for the quarter, compared to the consensus estimate of $600.56 million. On average, analysts predict that Norwegian Cruise Line Holdings will post $2.27 earnings per share for the current fiscal year.
Norwegian Cruise Line Holdings Ltd. is a global cruise line operator, offering cruise experiences for travelers with a variety of itineraries in North America (NASDAQ:NCLH), the Mediterranean, the Baltic, Central America, Bermuda and the Caribbean.
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