Viking Holdings Ltd (NYSE:VIK - Get Free Report)'s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as $52.00 and last traded at $51.00, with a volume of 33861 shares changing hands. The stock had previously closed at $51.45.
Wall Street Analyst Weigh In
A number of research firms have recently weighed in on VIK. Citigroup started coverage on Viking in a research note on Thursday, December 19th. They issued a "buy" rating and a $54.00 price objective for the company. JPMorgan Chase & Co. increased their price objective on shares of Viking from $50.00 to $58.00 and gave the company an "overweight" rating in a report on Friday, January 17th. The Goldman Sachs Group began coverage on shares of Viking in a report on Wednesday, January 22nd. They issued a "neutral" rating and a $49.00 target price on the stock. Barclays reaffirmed an "equal weight" rating and set a $49.00 target price on shares of Viking in a research note on Friday, December 13th. Finally, Bank of America boosted their price target on shares of Viking from $40.00 to $51.00 and gave the stock a "buy" rating in a research note on Wednesday, November 13th. Four analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $45.13.
Get Our Latest Stock Analysis on Viking
Viking Stock Performance
The stock's 50-day simple moving average is $46.37 and its two-hundred day simple moving average is $40.50.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the stock. Daiwa Securities Group Inc. purchased a new position in shares of Viking in the 4th quarter valued at $308,000. Chung Wu Investment Group LLC purchased a new position in Viking in the 4th quarter worth $304,000. Lindbrook Capital LLC acquired a new stake in shares of Viking during the fourth quarter worth about $267,000. Raymond James Financial Inc. purchased a new stake in shares of Viking in the 4th quarter valued at $37,332,000. Finally, Victory Capital Management Inc. purchased a new stake in shares of Viking in the 4th quarter valued at $1,443,000. 98.84% of the stock is currently owned by institutional investors.
About Viking
(
Get Free Report)
Viking Holdings Ltd engages in the passenger shipping and other forms of passenger transport in North America, the United Kingdom, and internationally. It operates through River and Ocean segments. The company also operates as a tour entrepreneur for passengers and related activities in tourism. As of December 31, 2023, it operated a fleet of 92 ships, including 81 river vessels comprising 58 Longships, 10 smaller classes based on the Longship design, 11 other river vessels, and 1 river vessel charter and the Viking Mississippi; 9 ocean ships; and 2 expedition ships.
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