JPMorgan Chase & Co. upgraded shares of Norwegian Cruise Line (NASDAQ:NCLH) from a neutral rating to an overweight rating in a research report report published on Monday, February 5th, Marketbeat.com reports.
Other equities research analysts have also recently issued reports about the stock. BidaskClub raised shares of Norwegian Cruise Line from a hold rating to a buy rating in a research report on Friday, February 2nd. Morgan Stanley boosted their price target on shares of Norwegian Cruise Line from $62.00 to $64.00 and gave the company an equal weight rating in a research report on Friday, February 2nd. Argus began coverage on shares of Norwegian Cruise Line in a research report on Wednesday, October 25th. They issued a buy rating and a $68.00 price target for the company. Wedbush set a $65.00 price objective on shares of Norwegian Cruise Line and gave the company a buy rating in a research note on Sunday, November 12th. Finally, Barclays boosted their price target on shares of Norwegian Cruise Line from $64.00 to $67.00 and gave the stock an overweight rating in a research note on Friday, November 10th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and fourteen have issued a buy rating to the stock. Norwegian Cruise Line presently has an average rating of Buy and an average price target of $63.38.
Norwegian Cruise Line (NASDAQ NCLH) traded up $0.21 during trading on Monday, reaching $59.09. 566,932 shares of the company traded hands, compared to its average volume of 1,614,051. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.34 and a quick ratio of 0.31. Norwegian Cruise Line has a 12-month low of $46.96 and a 12-month high of $61.48. The firm has a market cap of $13,450.00, a P/E ratio of 18.40, a PEG ratio of 0.56 and a beta of 1.17.
A number of hedge funds and other institutional investors have recently bought and sold shares of NCLH. Toronto Dominion Bank lifted its position in shares of Norwegian Cruise Line by 12.4% in the 2nd quarter. Toronto Dominion Bank now owns 1,956 shares of the company’s stock worth $106,000 after buying an additional 216 shares during the last quarter. Cerebellum GP LLC acquired a new stake in shares of Norwegian Cruise Line in the 4th quarter worth about $112,000. BB&T Investment Services Inc. acquired a new position in Norwegian Cruise Line during the 2nd quarter valued at about $121,000. Tower Research Capital LLC TRC increased its stake in Norwegian Cruise Line by 395.2% during the 4th quarter. Tower Research Capital LLC TRC now owns 2,699 shares of the company’s stock valued at $143,000 after buying an additional 2,154 shares during the period. Finally, Campbell & CO Investment Adviser LLC acquired a new position in Norwegian Cruise Line during the 3rd quarter valued at about $202,000. Hedge funds and other institutional investors own 88.85% of the company’s stock.
TRADEMARK VIOLATION WARNING: “Norwegian Cruise Line (NASDAQ:NCLH) Stock Rating Upgraded by JPMorgan Chase & Co.” was published by Week Herald and is the property of of Week Herald. If you are accessing this report on another publication, it was illegally copied and reposted in violation of U.S. & international copyright & trademark laws. The original version of this report can be read at https://weekherald.com/2018/02/15/norwegian-cruise-line-nclh-raised-to-overweight-at-jpmorgan-chase-co.html.
About Norwegian Cruise Line
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.
Receive News & Ratings for Norwegian Cruise Line Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Norwegian Cruise Line and related companies with MarketBeat.com's FREE daily email newsletter.