A statement released earlier today by UBS about Norwegian Cruise Line (NASDAQ:NCLH) bumps down the target price to $42.00
- Updated: October 4, 2016
UBS reduced the stock price target of Norwegian Cruise Line (NASDAQ:NCLH) to $42.00 indicating a possible upside of 0.10%.
Just yesterday Norwegian Cruise Line (NASDAQ:NCLH) traded -3.92% lower at $38.05. Norwegian Cruise Line’s 50-day moving average is $36.57 and its 200-day moving average is $43.66. With the last stock price down -16.26% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the date range. Volume of trade was down over the average, with 954,924 shares of NCLH changing hands under the typical 2,376,510
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Norwegian Cruise Line has a 52 week low of $34.16 and a 52 week high of $64.27 with a P/E ratio of 16.47 Norwegian Cruise Line’s market capitalization is currently $0.
In addition to UBS reporting its target price, a total of 16 firms have reported on the stock. The consensus target price is $64.38 with 8 firms rating the stock a strong buy, 8 firms rating the stock a buy, 1 firm rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Norwegian Cruise Line (NASDAQ:NCLH)
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. Its brands offer various features, amenities, and activities, including various accommodations, multiple dining venues, bars and lounges, spa, casino and retail shopping areas and various entertainment choices. Its Norwegian offers approximately 10 ships that have been purpose-built to deliver the Freestyle Cruising product. Its Oceania Cruises offers the cuisine at sea and destination experiences with destination-rich itineraries. Its Regent Seven Seas Cruises offers a cruise line, which provides amenities included in the cruise fare.
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