Shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) shot up 1.3% during trading on Wednesday . The stock traded as high as $38.19 and last traded at $38.13, with a volume of 802,461 shares. The stock had previously closed at $37.63.

Several brokerages have commented on NCLH. Stifel Nicolaus dropped their target price on shares of Norwegian Cruise Line Holdings from $69.00 to $55.00 and set a “buy” rating on the stock in a report on Wednesday, July 20th. Tigress Financial upgraded shares of Norwegian Cruise Line Holdings to a “buy” rating in a report on Tuesday, May 31st. Nomura restated a “buy” rating and set a $65.00 target price on shares of Norwegian Cruise Line Holdings in a report on Sunday, May 15th. Wedbush dropped their target price on shares of Norwegian Cruise Line Holdings from $59.00 to $53.00 and set an “outperform” rating on the stock in a report on Wednesday, August 10th. Finally, Zacks Investment Research raised shares of Norwegian Cruise Line Holdings from a “sell” rating to a “hold” rating in a research note on Tuesday, July 5th. Two investment analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $59.43.

The stock’s 50 day moving average is $40.92 and its 200 day moving average is $45.82. The firm has a market capitalization of $8.79 billion and a price-to-earnings ratio of 17.43.

Norwegian Cruise Line Holdings (NASDAQ:NCLH) last issued its quarterly earnings results on Tuesday, August 9th. The company reported $0.85 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.83 by $0.02. During the same period last year, the firm posted $0.75 earnings per share. The business earned $1.20 billion during the quarter, compared to analyst estimates of $1.22 billion. Norwegian Cruise Line Holdings’s quarterly revenue was up 9.3% compared to the same quarter last year. On average, analysts expect that Norwegian Cruise Line Holdings Ltd. will post $3.46 earnings per share for the current fiscal year.

Other institutional investors have recently modified their holdings of the company. Morgan Stanley raised its position in shares of Norwegian Cruise Line Holdings by 44.5% in the fourth quarter. Morgan Stanley now owns 198,769 shares of the company’s stock worth $11,648,000 after buying an additional 61,244 shares during the last quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. increased its position in shares of Norwegian Cruise Line Holdings by 6.5% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. now owns 20,070 shares of the company’s stock worth $1,176,000 after buying an additional 1,220 shares during the period. US Bancorp DE increased its position in shares of Norwegian Cruise Line Holdings by 0.5% in the fourth quarter. US Bancorp DE now owns 18,496 shares of the company’s stock worth $1,084,000 after buying an additional 97 shares during the period. I.G. Investment Management LTD. increased its position in shares of Norwegian Cruise Line Holdings by 1.0% in the fourth quarter. I.G. Investment Management LTD. now owns 227,941 shares of the company’s stock worth $13,357,000 after buying an additional 2,265 shares during the period. Finally, Jennison Associates LLC increased its position in shares of Norwegian Cruise Line Holdings by 20.6% in the fourth quarter. Jennison Associates LLC now owns 1,684,301 shares of the company’s stock worth $98,700,000 after buying an additional 287,191 shares during the period.

Norwegian Cruise Line Holdings Ltd. (NCLH) is a global cruise company. The Company operates Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands. Its brands offer itineraries to over 510 destinations around the world, including Europe, Asia, Australia, New Zealand, South America, Africa, Canada, Bermuda, Caribbean, Alaska and Hawaii with a combined fleet of approximately 20 ships with over 45,000 Berths.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.