Barclays Sticks to Its Buy Rating for Norwegian Cruise Line (NCLH)


Barclays analyst Felicia Hendrix maintained a Buy rating on Norwegian Cruise Line (NCLH) on February 22 and set a price target of $74. The company’s shares closed on Friday at $55.35, close to its 52-week high of $58.50.

According to TipRanks.com, Hendrix is a 4-star analyst with an average return of 3.4% and a 53.8% success rate. Hendrix covers the Services sector, focusing on stocks such as Royal Caribbean, Carnival Corp, and Vail Resorts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Norwegian Cruise Line with a $65.63 average price target, a 18.6% upside from current levels. In a report issued on February 14, Stifel Nicolaus also maintained a Buy rating on the stock with a $71 price target.

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Norwegian Cruise Line’s market cap is currently $12.05B and has a P/E ratio of 12.96. The company has a Price to Book ratio of 2.02.

Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is negative on the stock. Most recently, in December 2018, Andrew Stuart, the Pres. & CEO of NCL of NCLH sold 6,500 shares for a total of $313,430.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Norwegian Cruise Line Holdings Ltd. operates as a holding company. It is a global cruise line operator, which offers cruise experiences for travelers with itineraries in North America, Mediterranean, Baltic, Central America, Bermuda and Caribbean. It also offers an entirely inter-island itinerary in Hawaii.

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