1 week Ago By ABMN Staff
Norwegian Cruise Line ( NYSE:NCLH – Free Report ) had its price objective reduced by Morgan Stanley from $22.00 to $21.00 in a report released on Thursday morning, Benzinga reports.
Morgan Stanley currently has an equal weight rating on the stock. A number of other equities analysts have also recently commented on the company. Wells Fargo & Company lifted their target price on Norwegian Cruise Line from $27.
00 to $28.00 and gave the stock an “equal weight” rating in a report on Friday, February 28th. Barclays raised shares of Norwegian Cruise Line from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $28.
00 to $32.00 in a research note on Friday, December 13th. The Goldman Sachs Group set a $34.
00 target price on shares of Norwegian Cruise Line in a research note on Thursday, January 23rd. Bank of America lowered their target price on shares of Norwegian Cruise Line from $29.00 to $26.
00 and set a “neutral” rating for the company in a report on Friday, March 7th. Finally, BNP Paribas started coverage on shares of Norwegian Cruise Line in a report on Thursday, March 27th. They set a “neutral” rating and a $21.
00 price target on the stock. Nine equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.
com, Norwegian Cruise Line presently has an average rating of “Moderate Buy” and a consensus price target of $28.22. Read Our Latest Stock Analysis on Norwegian Cruise Line Norwegian Cruise Line Stock Down 2.
2 % Institutional Inflows and Outflows A number of institutional investors have recently added to or reduced their stakes in the business. Capital International Investors boosted its stake in shares of Norwegian Cruise Line by 11.2% during the fourth quarter.
Capital International Investors now owns 55,194,672 shares of the company’s stock valued at $1,420,159,000 after purchasing an additional 5,557,951 shares in the last quarter. Norges Bank bought a new stake in Norwegian Cruise Line during the 4th quarter valued at $113,156,000. Two Sigma Advisers LP boosted its position in Norwegian Cruise Line by 99.
0% during the 4th quarter. Two Sigma Advisers LP now owns 7,689,200 shares of the company’s stock valued at $197,843,000 after acquiring an additional 3,824,600 shares in the last quarter. Voloridge Investment Management LLC increased its holdings in shares of Norwegian Cruise Line by 3,403.
3% in the 4th quarter. Voloridge Investment Management LLC now owns 3,374,576 shares of the company’s stock valued at $86,828,000 after acquiring an additional 3,278,249 shares during the period. Finally, Renaissance Technologies LLC raised its position in shares of Norwegian Cruise Line by 113.
1% in the 4th quarter. Renaissance Technologies LLC now owns 5,577,231 shares of the company’s stock worth $143,502,000 after acquiring an additional 2,959,631 shares in the last quarter. Hedge funds and other institutional investors own 69.
58% of the company’s stock. Norwegian Cruise Line Company Profile ( Get Free Report ) Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally.
The company operates through the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. It offers itineraries ranging from three days to a 180-days calling on various ports, including Scandinavia, Northern Europe, the Mediterranean, the Greek Isles, Alaska, Canada and New England, Hawaii, Asia, Tahiti and the South Pacific, Australia and New Zealand, Africa, India, South America, the Panama Canal, and the Caribbean. Read More Receive News & Ratings for Norwegian Cruise Line Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Norwegian Cruise Line and related companies with MarketBeat.
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