Goldman Sachs analyst Lizzie Dove maintains $Norwegian Cruise (NCLH.US)$ with a hold rating, and adjusts the target price from $22 to $29.
According to TipRanks data, the analyst has a success rate of 69.6% and a total average return of 13.4% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Norwegian Cruise (NCLH.US)$'s main analysts recently are as follows:
The firm believes that Norwegian Cruise Line retains its momentum following the earnings report, but suggests that the current sentiment towards the stock may be somewhat overly positive.
Norwegian Cruise Line has exhibited 'solid' Q3 results, consistent with observations from other cruise operators. The company's ongoing strength in demand and onboard spending has encouraged them to increase their 2024 EBITDA forecast to $2.425 billion, up from the earlier prediction of $2.35 billion. This has resulted in only slight adjustments to projections for the year 2025.
Norwegian Cruise Line's performance, both in yields and shares, tends to be magnified due to its considerable beta, as observed following the Q3 report.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
