In a report issued on August 8, Chris Woronka from Deutsche Bank maintained a Buy rating on Norwegian Cruise Line (NCLH), with a price target of $65. The company’s shares closed on Friday at $49.66.
According to TipRanks.com, Woronka is a 3-star analyst with an average return of 0.9% and a 44.2% success rate. Woronka covers the Financial sector, focusing on stocks such as Hertz Global Holdings Inc, Park Hotels & Resorts Inc, and Hersha Hospitality Trust.
Norwegian Cruise Line has an analyst consensus of Strong Buy, with a price target consensus of $64.44, representing a 29.8% upside. In a report issued on July 25, Morgan Stanley also maintained a Buy rating on the stock with a $60 price target.
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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 $240 million. In comparison, last year the company had a net profit of $227 million.
Based on the recent corporate insider activity of 59 insiders, corporate insider sentiment is negative on the stock. Most recently, in June 2019, Andrew Stuart, the Pres. & CEO of NCL of NCLH sold 22,051 shares for a total of $1,190,754.
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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.
