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


Deutsche Bank analyst Chris Woronka maintained a Buy rating on Norwegian Cruise Line (NCLH) on February 15 and set a price target of $65. The company’s shares closed on Friday at $53.03.

According to TipRanks.com, Woronka is a 2-star analyst with an average return of 0.5% and a 54.6% success rate. Woronka covers the Financial sector, focusing on stocks such as Braemar Hotels & Resorts Inc, Ashford Hospitality Trust, and Marriot Vacations.

Currently, the analyst consensus on Norwegian Cruise Line is a Strong Buy with an average price target of $63.29, a 19.3% upside from current levels. In a report issued on February 6, Morgan Stanley also upgraded the stock to Buy with a $62 price target.

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The company has a one-year high of $59.66 and a one-year low of $39.36. Currently, Norwegian Cruise Line has an average volume of 2.28M.

Based on the recent corporate insider activity of 42 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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