Norwegian Cruise Line (NCLH) Gets a Buy Rating from Deutsche Bank


In a report released today, Chris Woronka from Deutsche Bank maintained a Buy rating on Norwegian Cruise Line (NCLH), with a price target of $63.00. The company’s shares closed last Monday at $47.78, close to its 52-week low of $45.64.

According to TipRanks.com, Woronka is a 3-star analyst with an average return of 2.0% and a 48.4% success rate. Woronka covers the Financial sector, focusing on stocks such as Host Hotels & Resorts, Marriot Vacations, and CorePoint Lodging.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Norwegian Cruise Line with a $57.67 average price target, a 19.8% upside from current levels. In a report issued on February 11, Nomura also maintained a Buy rating on the stock.

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Based on Norwegian Cruise Line’s latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of $121 million. In comparison, last year the company had a net profit of $155 million.

Based on the recent corporate insider activity of 70 insiders, corporate insider sentiment is neutral 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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