Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH)‘s stock had its “buy” rating reissued by research analysts at Stifel Nicolaus in a report issued on Thursday, October 12th. They presently have a $69.00 price target on the stock. Stifel Nicolaus’ price target points to a potential upside of 20.06% from the stock’s previous close.

A number of other research analysts have also recently weighed in on NCLH. Berenberg Bank reiterated a “buy” rating and set a $65.00 price objective on shares of Norwegian Cruise Line Holdings in a research report on Wednesday, June 28th. BidaskClub cut shares of Norwegian Cruise Line Holdings from a “buy” rating to a “hold” rating in a research report on Sunday, July 16th. Bank of America Corporation initiated coverage on shares of Norwegian Cruise Line Holdings in a research report on Monday, July 24th. They set a “buy” rating and a $65.00 price objective on the stock. Nomura boosted their price objective on shares of Norwegian Cruise Line Holdings from $62.00 to $69.00 and gave the company a “buy” rating in a research report on Wednesday, August 9th. Finally, Buckingham Research boosted their price objective on shares of Norwegian Cruise Line Holdings from $70.00 to $75.00 and gave the company a “buy” rating in a research report on Wednesday, August 9th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and ten have given a buy rating to the stock. Norwegian Cruise Line Holdings currently has an average rating of “Hold” and a consensus price target of $59.87.

Shares of Norwegian Cruise Line Holdings (NASDAQ:NCLH) traded down 5.62% during midday trading on Thursday, reaching $54.24. 6,987,359 shares of the company’s stock were exchanged. The stock has a market cap of $12.38 billion, a PE ratio of 18.33 and a beta of 1.12. The stock’s 50 day moving average is $56.64 and its 200-day moving average is $54.17. Norwegian Cruise Line Holdings has a 12-month low of $35.21 and a 12-month high of $61.48.

Norwegian Cruise Line Holdings (NASDAQ:NCLH) last released its quarterly earnings results on Tuesday, August 8th. The company reported $1.02 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.97 by $0.05. Norwegian Cruise Line Holdings had a net margin of 13.22% and a return on equity of 16.65%. The company had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.31 billion. During the same quarter in the prior year, the firm earned $0.85 earnings per share. Norwegian Cruise Line Holdings’s revenue was up 13.3% on a year-over-year basis. On average, equities analysts expect that Norwegian Cruise Line Holdings will post $3.97 EPS for the current year.

COPYRIGHT VIOLATION WARNING: This report was reported by Watch List News and is the sole property of of Watch List News. If you are reading this report on another website, it was illegally copied and reposted in violation of US & international trademark and copyright laws. The original version of this report can be accessed at https://www.watchlistnews.com/norwegian-cruise-line-holdings-ltd-nclh-stock-rating-reaffirmed-by-stifel-nicolaus/1630314.html.

In other news, major shareholder Apollo Management Holdings Gp, sold 5,625,000 shares of the company’s stock in a transaction dated Wednesday, August 16th. The shares were sold at an average price of $54.57, for a total value of $306,956,250.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Harry Sommer sold 11,807 shares of the company’s stock in a transaction dated Tuesday, August 15th. The stock was sold at an average price of $58.42, for a total transaction of $689,764.94. Following the completion of the transaction, the executive vice president now owns 42,195 shares in the company, valued at $2,465,031.90. The disclosure for this sale can be found here. Corporate insiders own 0.98% of the company’s stock.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Aviance Capital Management LLC bought a new position in Norwegian Cruise Line Holdings during the 2nd quarter worth about $103,000. Toronto Dominion Bank grew its holdings in Norwegian Cruise Line Holdings by 12.4% during the 2nd quarter. Toronto Dominion Bank now owns 1,956 shares of the company’s stock worth $106,000 after acquiring an additional 216 shares in the last quarter. BB&T Investment Services Inc. bought a new position in Norwegian Cruise Line Holdings during the 2nd quarter worth about $121,000. Pacer Advisors Inc. bought a new position in Norwegian Cruise Line Holdings during the 2nd quarter worth about $197,000. Finally, Ameritas Investment Partners Inc. bought a new position in Norwegian Cruise Line Holdings during the 1st quarter worth about $203,000. Hedge funds and other institutional investors own 85.65% of the company’s stock.

Norwegian Cruise Line Holdings Company Profile

Norwegian Cruise Line Holdings Ltd. (NCLH) is a global cruise company. The Company operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands. The Company had 25 ships with approximately 50,400 Berths, as of May 1, 2017. The Company’s brands offer itineraries to various destinations around the world, including Europe, Asia, Australia, New Zealand, South America, Africa, Canada, Bermuda, Caribbean, Alaska and Hawaii.

Analyst Recommendations for Norwegian Cruise Line Holdings (NASDAQ:NCLH)

Receive News & Ratings for Norwegian Cruise Line Holdings Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Norwegian Cruise Line Holdings Ltd. and related companies with Analyst Ratings Network's FREE daily email newsletter.