Tigress Financial Reaffirms "Strong-Buy" Rating for Norwegian Cruise Line (NYSE:NCLH)

Norwegian Cruise Line (NYSE:NCLH - Get Free Report)'s stock had its "strong-buy" rating reaffirmed by equities researchers at Tigress Financial in a report released on Tuesday,Benzinga reports. They presently have a $36.00 target price on the stock. Tigress Financial's price objective would suggest a potential upside of 90.50% from the stock's current price.

Several other analysts have also weighed in on the stock. Loop Capital started coverage on shares of Norwegian Cruise Line in a research note on Tuesday, February 4th. They set a "hold" rating and a $26.00 target price for the company. Morgan Stanley boosted their price objective on shares of Norwegian Cruise Line from $19.00 to $26.00 and gave the company an "underweight" rating in a research report on Tuesday, November 12th. Barclays raised shares of Norwegian Cruise Line from an "equal weight" rating to an "overweight" rating and raised their target price for the stock from $28.00 to $32.00 in a report on Friday, December 13th. Bank of America decreased their target price on Norwegian Cruise Line from $29.00 to $26.00 and set a "neutral" rating for the company in a research note on Friday. Finally, The Goldman Sachs Group set a $34.00 price target on Norwegian Cruise Line in a research report on Thursday, January 23rd. One analyst has rated the stock with a sell rating, eight have issued a hold rating, eight have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $29.19.

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Norwegian Cruise Line Stock Performance

NYSE:NCLH traded up $0.16 during trading hours on Tuesday, reaching $18.90. 12,955,692 shares of the stock were exchanged, compared to its average volume of 11,262,929. Norwegian Cruise Line has a 52 week low of $14.69 and a 52 week high of $29.29. The company has a quick ratio of 0.17, a current ratio of 0.20 and a debt-to-equity ratio of 10.35. The stock has a market capitalization of $8.31 billion, a P/E ratio of 17.26, a P/E/G ratio of 0.24 and a beta of 2.62. The firm has a 50 day simple moving average of $25.62 and a 200-day simple moving average of $24.21.

Institutional Trading of Norwegian Cruise Line

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Norwegian Cruise Line during the 4th quarter valued at $2,392,000. Advisor Resource Council bought a new stake in Norwegian Cruise Line in the fourth quarter worth about $279,000. Integrated Advisors Network LLC acquired a new stake in Norwegian Cruise Line in the 4th quarter valued at about $717,000. Mackenzie Financial Corp boosted its position in shares of Norwegian Cruise Line by 136.9% during the 4th quarter. Mackenzie Financial Corp now owns 318,400 shares of the company's stock valued at $8,192,000 after purchasing an additional 183,970 shares in the last quarter. Finally, Public Employees Retirement System of Ohio boosted its position in shares of Norwegian Cruise Line by 48.2% during the 4th quarter. Public Employees Retirement System of Ohio now owns 230,447 shares of the company's stock valued at $5,929,000 after purchasing an additional 74,983 shares in the last quarter. 69.58% of the stock is currently owned by institutional investors.

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.

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