Norwegian Cruise Line (NASDAQ:NCLH) stock price target dropped to $51, reported today by Stifel

August 13, 2016

Finance News

Yesterday Norwegian Cruise Line (NASDAQ:NCLH) traded 0.88% lower at $37.91. NCLH’s 50-day average is $41.00 and its two hundred day average is $46.02. With the last stock price close down 16.48% relative to the two hundred day moving average, compared with the S&P 500 which has decreased 0.00% over the same time period. 2,401,034 shares of NCLH were exchanged, up from an average trading volume of 2,071,910.

Stifel lowered the estimated target of Norwegian Cruise Line (NASDAQ:NCLH) to $51, indicating a possible upside of 0.35%,

Previously on 6/07/2016, Sterne Agee released a statement on Norwegian Cruise Line(NASDAQ:NCLH) of “Buy” with a target price of $60 that indicated a possible upside of 0.32%.

Recent Performance Chart:

Norwegian Cruise Line (NASDAQ:NCLH)

Also covering Norwegian Cruise Line’s target price, a total of 16 brokerages have issued a report on the company. The one year target stock price is $64.38 with eight analysts rating the stock a strong buy, eight firms rating the company a buy, one analyst rating the stock a hold, zero rating the stock to underperform, and lastly zero brokeragesrating the company as sell.

Norwegian Cruise Line has a 52 week low of $37.01 and a 52 week high of $64.27 with a price-earnings ratio of 17. Norwegian Cruise Line’s market capitalization is currently $8.7B.

Brief Synopsis On 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, and which provides amenities included in the cruise fare.

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