Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH)‘s stock had its “neutral” rating reaffirmed by stock analysts at UBS AG in a report issued on Thursday, www.flashratings.com reports. They currently have a $60.00 target price on the stock, up from their previous target price of $51.00. UBS AG’s price objective would suggest a potential upside of 5.13% from the company’s previous close.

NCLH has been the subject of several other reports. Zacks Investment Research raised Norwegian Cruise Line Holdings from a “hold” rating to a “buy” rating and set a $56.00 target price for the company in a report on Wednesday, April 26th. Wedbush raised Norwegian Cruise Line Holdings from a “neutral” rating to an “outperform” rating and upped their target price for the company from $54.00 to $61.00 in a report on Friday, May 26th. Bank of America Corporation started coverage on Norwegian Cruise Line Holdings in a report on Monday, July 24th. They set a “buy” rating and a $65.00 target price for the company. ValuEngine raised Norwegian Cruise Line Holdings from a “hold” rating to a “buy” rating in a report on Thursday, June 1st. Finally, Berenberg Bank reaffirmed a “buy” rating and set a $65.00 target price on shares of Norwegian Cruise Line Holdings in a report on Wednesday, June 28th. Ten investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $56.94.

Shares of Norwegian Cruise Line Holdings (NASDAQ:NCLH) traded down 2.21% on Thursday, hitting $57.07. The company’s stock had a trading volume of 1,656,606 shares. The company has a 50 day moving average of $55.21 and a 200 day moving average of $51.60. Norwegian Cruise Line Holdings has a 1-year low of $34.16 and a 1-year high of $61.48. The firm has a market cap of $13.02 billion, a PE ratio of 19.29 and a beta of 1.16.

Norwegian Cruise Line Holdings (NASDAQ:NCLH) last posted its earnings results on Tuesday, August 8th. The company reported $1.02 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.97 by $0.05. The company had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.31 billion. Norwegian Cruise Line Holdings had a return on equity of 17.03% and a net margin of 13.22%. The business’s revenue was up 13.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.85 earnings per share. Equities analysts forecast that Norwegian Cruise Line Holdings will post $3.93 EPS for the current year.

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In other news, CEO Jason Montague sold 15,000 shares of the stock in a transaction on Monday, June 19th. The stock was sold at an average price of $53.26, for a total transaction of $798,900.00. Following the completion of the sale, the chief executive officer now owns 72,831 shares in the company, valued at approximately $3,878,979.06. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.98% of the stock is currently owned by corporate insiders.

Large investors have recently made changes to their positions in the stock. Vanguard Group Inc. increased its stake in shares of Norwegian Cruise Line Holdings by 3.6% in the first quarter. Vanguard Group Inc. now owns 12,431,396 shares of the company’s stock worth $630,645,000 after buying an additional 434,493 shares during the period. Janus Capital Management LLC increased its stake in shares of Norwegian Cruise Line Holdings by 14.3% in the first quarter. Janus Capital Management LLC now owns 8,019,411 shares of the company’s stock worth $406,820,000 after buying an additional 1,001,491 shares during the period. BlackRock Inc. increased its stake in shares of Norwegian Cruise Line Holdings by 4,913.5% in the first quarter. BlackRock Inc. now owns 7,568,962 shares of the company’s stock worth $383,975,000 after buying an additional 7,417,990 shares during the period. State Street Corp increased its stake in shares of Norwegian Cruise Line Holdings by 2.6% in the first quarter. State Street Corp now owns 2,914,873 shares of the company’s stock worth $147,863,000 after buying an additional 73,722 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in shares of Norwegian Cruise Line Holdings by 71.6% in the first quarter. Dimensional Fund Advisors LP now owns 1,802,173 shares of the company’s stock worth $91,427,000 after buying an additional 752,126 shares during the period. Institutional investors own 86.18% of the company’s stock.

About Norwegian Cruise Line Holdings

Norwegian Cruise Line Holdings Ltd. (NCLH) is a global cruise company. The Company operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands. The Company had 25 ships with approximately 50,400 Berths, as of May 1, 2017. The Company’s brands offer itineraries to various destinations around the world, including Europe, Asia, Australia, New Zealand, South America, Africa, Canada, Bermuda, Caribbean, Alaska and Hawaii.

Analyst Recommendations for Norwegian Cruise Line Holdings (NASDAQ:NCLH)

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