Norwegian Cruise Line Holdings Upgraded by Goldman Sachs to “Buy” (NCLH)
Norwegian Cruise Line Holdings (NASDAQ:NCLH) was upgraded by research analysts at Goldman Sachs from a “neutral” rating to a “buy” rating in a report released on Tuesday, Stock Ratings Network reports. The firm currently has a $37.00 price target on the stock. Goldman Sachs’ price objective points to a potential upside of 12.33% from the stock’s previous close.
A number of other analysts have also recently weighed in on NCLH. Analysts at Susquehanna cut their price target on shares of Norwegian Cruise Line Holdings from $42.00 to $38.00 in a research note on Monday. They now have a “positive” rating 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. Nine equities research analysts have rated the stock with a buy rating, Norwegian Cruise Line Holdings has an average rating of “Buy” and a consensus price target of $37.61.
Norwegian Cruise Line Holdings (NASDAQ:NCLH) traded up 4.01% on Tuesday, hitting $32.94. 3,230,278 shares of the company’s stock traded hands. Norwegian Cruise Line Holdings has a 1-year low of $28.00 and a 1-year high of $37.30. The stock has a 50-day moving average of $31.89 and a 200-day moving average of $33.1. The company has a market cap of $6.758 billion and a price-to-earnings ratio of 64.63.
Norwegian Cruise Line Holdings (NASDAQ:NCLH) last posted its quarterly earnings results on Monday, April 28th. The company reported $0.23 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.22 by $0.01. The company had revenue of $664.00 million for the quarter, compared to the consensus estimate of $683.28 million. During the same quarter in the prior year, the company posted $0.06 earnings per share. The company’s quarterly revenue was up 25.9% on a year-over-year basis. Analysts expect that Norwegian Cruise Line Holdings will post $2.26 EPS 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.