On Nov 01, major Wall Street analysts update their ratings for $Norwegian Cruise (NCLH.US)$, with price targets ranging from $19 to $32.
Morgan Stanley analyst Stephen Grambling maintains with a sell rating, and maintains the target price at $19.
BofA Securities analyst Andrew Didora maintains with a hold rating, and sets the target price at $26.
Barclays analyst Brandt Montour maintains with a hold rating, and adjusts the target price from $26 to $28.
Wells Fargo analyst Daniel Politzer maintains with a hold rating, and adjusts the target price from $21 to $27.
Mizuho Securities analyst Benjamin Chaiken maintains with a buy rating, and maintains the target price at $26.
Furthermore, according to the comprehensive report, the opinions of $Norwegian Cruise (NCLH.US)$'s main analysts recently are as follows:
The momentum of Norwegian Cruise Line remains strong following the earnings report, although the stock appears to be somewhat overly favored.
Following Norwegian Cruise Line's 'solid' Q3 results, which align with observations from other cruise operators, the company's continuous strength in demand and onboard spending enabled it to increase its 2024 EBITDA projections to $2.425B from $2.35B. This has been noted alongside minor adjustments to future forecasts for 2025.
Norwegian Cruise Line's third-quarter report indicates that its significant beta contributes to exceptional performance in terms of yields and stock performance.
Anticipations are set for Norwegian Cruise Line's upcoming report to reflect a similar pattern to its peers, indicating a robust third quarter, possible disruptions in the fourth quarter, but optimistic commentary regarding bookings for 2025. However, concerns have been raised regarding the company's valuation, which has returned to a premium, alongside an analysis of costs that reveals only slight reductions.
The company's third-quarter financial results have clarified the trajectory towards its 2026 objectives, possibly even exceeding them.
Here are the latest investment ratings and price targets for $Norwegian Cruise (NCLH.US)$ from 7 analysts:
Note:
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