Stifel Nicolaus analyst Steven Wieczynski reiterated a Buy rating on Norwegian Cruise Line (NYSE: NCLH) yesterday and set a price target of $71. The company’s shares closed yesterday at $50.95.
According to TipRanks.com, Wieczynski is a 5-star analyst with an average return of 21.0% and a 72.3% success rate. Wieczynski covers the Services sector, focusing on stocks such as Penn National Gaming, Red Rock Resorts Inc, and Las Vegas Sands.
Norwegian Cruise Line has an analyst consensus of Strong Buy, with a price target consensus of $71.50.
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Based on Norwegian Cruise Line’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $227 million. In comparison, last year the company had a net profit of $198 million.
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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.