Argus Research Maintains Hold Rating on Norwegian Cruise Line
The cruise operator also carries a Hold consensus rating, with analysts’ price targets showing a mixed outlook.
Argus Research analyst John Staszak has maintained a Hold rating on Norwegian Cruise Line, according to a recent research report. The cruise company’s shares closed the previous Wednesday at $17.34.
TipRanks reported that Norwegian Cruise Line has an overall Hold consensus rating among analysts. Its data showed an average price target of $19.56, representing an estimated 9.3% upside from the level used in the report.
The latest assessment follows another cautious analyst action. According to the report, Mizuho Securities downgraded Norwegian Cruise Line shares to Hold in a research note issued Aug. 18 and set a price target of $17.00. That target was below both the reported Wednesday closing price and the broader analyst average cited by TipRanks.
