Norwegian Cruise Line (NCLH) Receives a Buy from Deutsche Bank


In a report issued on June 7, Chris Woronka from Deutsche Bank reiterated a Buy rating on Norwegian Cruise Line (NCLH), with a price target of $71. The company’s shares closed on Friday at $52.59.

According to TipRanks.com, Woronka is a 3-star analyst with an average return of 3.5% and a 49.6% success rate. Woronka covers the Financial sector, focusing on stocks such as Braemar Hotels & Resorts Inc, Ashford Hospitality Trust, and Hertz Global Holdings Inc.

Norwegian Cruise Line has an analyst consensus of Strong Buy, with a price target consensus of $67.86, which is a 29.0% upside from current levels. In a report issued on June 6, Nomura also maintained a Buy rating on the stock with a $65 price target.

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Based on Norwegian Cruise Line’s latest earnings release for the quarter ending March 31, the company reported a quarterly net profit of $118 million. In comparison, last year the company had a net profit of $103 million.

Based on the recent corporate insider activity of 61 insiders, corporate insider sentiment is negative on the stock.

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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.

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