Analysts Maintain Hold View on Norwegian Cruise Line Shares
Bernstein set an $18.00 target, while Mizuho Securities assigned a $17.00 target after downgrading the stock.
Bernstein analyst Richard Clarke maintained a Hold rating on Norwegian Cruise Line in a report issued August 28. Clarke set a price target of $18.00 for the cruise line’s shares.
Mizuho Securities also moved to a Hold rating in a report issued August 18. The firm downgraded Norwegian Cruise Line stock and established a price target of $17.00.
Norwegian Cruise Line shares closed the referenced Friday at $16.65. That closing price was described as close to the company’s 52-week low of $14.69.
The broader analyst consensus for Norwegian Cruise Line was described in the report as Hold. Analysts had an average price target of $19.56, which the report said represented potential upside of 16.5%. The Bernstein and Mizuho Securities reports therefore both carried Hold ratings, though their respective price targets differed.
