Norwegian Cruise Line (NYSE:NCLH) Coverage Initiated by Analysts at Northcoast Research

Equities research analysts at Northcoast Research started coverage on shares of Norwegian Cruise Line (NYSE:NCLH - Get Free Report) in a research report issued to clients and investors on Friday, Marketbeat Ratings reports. The firm set a "buy" rating and a $21.00 price target on the stock. Northcoast Research's price objective suggests a potential upside of 20.34% from the stock's current price.

Several other research analysts also recently commented on the company. Tigress Financial reaffirmed a "strong-buy" rating and set a $36.00 target price on shares of Norwegian Cruise Line in a report on Tuesday, March 11th. Stifel Nicolaus lowered their target price on Norwegian Cruise Line from $36.00 to $30.00 and set a "buy" rating on the stock in a research report on Wednesday, April 16th. Morgan Stanley decreased their price target on shares of Norwegian Cruise Line from $22.00 to $21.00 and set an "equal weight" rating for the company in a research note on Thursday, April 10th. Barclays decreased their target price on shares of Norwegian Cruise Line from $32.00 to $23.00 and set an "overweight" rating for the company in a research report on Tuesday, April 22nd. Finally, BNP Paribas started coverage on shares of Norwegian Cruise Line in a research report on Thursday, March 27th. They issued a "neutral" rating and a $21.00 price target on the stock. Eight equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $26.63.

Norwegian Cruise Line Trading Up 1.3 %

NYSE:NCLH traded up $0.22 during mid-day trading on Friday, hitting $17.45. 12,790,718 shares of the company's stock were exchanged, compared to its average volume of 12,788,865. The company has a current ratio of 0.20, a quick ratio of 0.17 and a debt-to-equity ratio of 10.35. Norwegian Cruise Line has a fifty-two week low of $14.21 and a fifty-two week high of $29.29. The company has a 50 day simple moving average of $19.36 and a 200-day simple moving average of $23.82. The firm has a market capitalization of $7.68 billion, a P/E ratio of 16.01, a PEG ratio of 0.24 and a beta of 2.27.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Tidal Investments LLC raised its holdings in shares of Norwegian Cruise Line by 7.1% in the 3rd quarter. Tidal Investments LLC now owns 28,425 shares of the company's stock valued at $583,000 after acquiring an additional 1,890 shares in the last quarter. Synovus Financial Corp lifted its position in Norwegian Cruise Line by 7.4% during the third quarter. Synovus Financial Corp now owns 88,208 shares of the company's stock valued at $1,809,000 after purchasing an additional 6,072 shares during the last quarter. Retirement Systems of Alabama grew its stake in Norwegian Cruise Line by 0.9% in the 3rd quarter. Retirement Systems of Alabama now owns 95,480 shares of the company's stock worth $1,958,000 after buying an additional 841 shares in the last quarter. Principal Financial Group Inc. increased its holdings in shares of Norwegian Cruise Line by 6.2% in the 3rd quarter. Principal Financial Group Inc. now owns 514,087 shares of the company's stock worth $10,544,000 after buying an additional 30,182 shares during the last quarter. Finally, GAMMA Investing LLC raised its position in shares of Norwegian Cruise Line by 17.0% during the 4th quarter. GAMMA Investing LLC now owns 14,268 shares of the company's stock valued at $367,000 after buying an additional 2,075 shares in the last quarter. Institutional investors own 69.58% of the company's stock.

Norwegian Cruise Line Company Profile

Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally. The company operates through the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. It offers itineraries ranging from three days to a 180-days calling on various ports, including Scandinavia, Northern Europe, the Mediterranean, the Greek Isles, Alaska, Canada and New England, Hawaii, Asia, Tahiti and the South Pacific, Australia and New Zealand, Africa, India, South America, the Panama Canal, and the Caribbean.