Viking (NYSE:VIK) Price Target Raised to $49.00

Viking (NYSE:VIK - Free Report) had its target price lifted by Barclays from $43.00 to $49.00 in a research note released on Wednesday morning,Benzinga reports. They currently have an overweight rating on the stock.

VIK has been the topic of several other reports. Bank of America lifted 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. Stifel Nicolaus upped their target price on Viking from $39.00 to $50.00 and gave the company a "buy" rating in a research report on Monday. Morgan Stanley raised Viking from an "equal weight" rating to an "overweight" rating and lifted their price target for the stock from $37.00 to $49.00 in a research report on Tuesday, November 12th. JPMorgan Chase & Co. increased their price objective on Viking from $37.00 to $42.00 and gave the company an "overweight" rating in a report on Thursday, August 22nd. Finally, Wells Fargo & Company lifted their target price on shares of Viking from $35.00 to $39.00 and gave the company an "overweight" rating in a report on Wednesday, September 4th. Two equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Viking has a consensus rating of "Moderate Buy" and a consensus target price of $41.00.

Viking Stock Down 1.5 %

Viking stock traded down $0.70 during trading on Wednesday, hitting $44.40. The company had a trading volume of 3,126,252 shares, compared to its average volume of 1,898,467. Viking has a 1-year low of $25.71 and a 1-year high of $46.25. The company's 50 day simple moving average is $38.29 and its 200-day simple moving average is $34.62.

Viking (NYSE:VIK - Get Free Report) last released its earnings results on Thursday, August 22nd. The company reported $0.76 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.69 by $0.07. The company had revenue of $1.59 billion during the quarter, compared to analysts' expectations of $1.61 billion. Research analysts expect that Viking will post 1.12 earnings per share for the current year.

Institutional Investors Weigh In On Viking

Large investors have recently bought and sold shares of the stock. Avior Wealth Management LLC purchased a new stake in Viking in the third quarter valued at approximately $27,000. Valley Wealth Managers Inc. purchased a new position in shares of Viking in the 2nd quarter valued at $35,000. American National Bank acquired a new position in shares of Viking during the 2nd quarter valued at $68,000. Sunbelt Securities Inc. acquired a new stake in Viking in the second quarter valued at approximately $68,000. Finally, SG Americas Securities LLC acquired a new position in shares of Viking in the 3rd quarter valued at approximately $181,000.

Viking Company Profile

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.