Norwegian Cruise Line (NYSE:NCLH) Now Covered by Jefferies Financial Group

Jefferies Financial Group assumed coverage on shares of Norwegian Cruise Line (NYSE:NCLH - Free Report) in a research note published on Monday, Marketbeat Ratings reports. The firm issued a buy rating and a $25.00 price target on the stock.

Other equities research analysts also recently issued research reports about the stock. Macquarie boosted their target price on shares of Norwegian Cruise Line from $30.00 to $31.00 and gave the stock an "outperform" rating in a research report on Thursday, March 6th. Loop Capital assumed coverage on Norwegian Cruise Line in a research note on Tuesday, February 4th. They set a "hold" rating and a $26.00 price objective on the stock. BNP Paribas started coverage on Norwegian Cruise Line in a research report on Thursday, March 27th. They issued a "neutral" rating and a $21.00 target price for the company. Tigress Financial reissued a "strong-buy" rating and set a $36.00 price target on shares of Norwegian Cruise Line in a research report on Tuesday, March 11th. Finally, Citigroup lifted their price objective on shares of Norwegian Cruise Line from $32.00 to $34.00 and gave the stock a "buy" rating in a report on Friday, February 28th. Nine investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $28.28.

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Norwegian Cruise Line Stock Up 2.6 %

Shares of NCLH stock traded up $0.49 during mid-day trading on Monday, reaching $19.55. 13,879,714 shares of the company were exchanged, compared to its average volume of 11,938,008. The company has a debt-to-equity ratio of 10.35, a quick ratio of 0.17 and a current ratio of 0.20. The business's 50 day simple moving average is $23.55 and its 200 day simple moving average is $24.40. The company has a market capitalization of $8.60 billion, a P/E ratio of 17.94, a P/E/G ratio of 0.24 and a beta of 2.62. Norwegian Cruise Line has a fifty-two week low of $14.69 and a fifty-two week high of $29.29.

Institutional Investors Weigh In On Norwegian Cruise Line

Several institutional investors have recently bought and sold shares of the stock. Apollon Wealth Management LLC bought a new stake in shares of Norwegian Cruise Line during the 4th quarter worth about $272,000. Cookson Peirce & Co. Inc. bought a new stake in Norwegian Cruise Line during the fourth quarter worth approximately $654,000. Zacks Investment Management acquired a new stake in Norwegian Cruise Line in the third quarter worth approximately $3,821,000. Hodges Capital Management Inc. boosted its stake in Norwegian Cruise Line by 1.5% during the 3rd quarter. Hodges Capital Management Inc. now owns 1,544,515 shares of the company's stock valued at $31,678,000 after purchasing an additional 23,075 shares in the last quarter. Finally, Jupiter Asset Management Ltd. increased its position in shares of Norwegian Cruise Line by 365.5% during the 4th quarter. Jupiter Asset Management Ltd. now owns 2,168,658 shares of the company's stock valued at $55,800,000 after purchasing an additional 1,702,748 shares during the period. Institutional investors and hedge funds own 69.58% of the company's stock.

About Norwegian Cruise Line

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.