Berenberg Bank Believes Norwegian Cruise Line (NASDAQ: NCLH) Still Has Room to Grow

By Austin Angelo

Berenberg Bank analyst Stuart Gordon assigned a Buy rating to Norwegian Cruise Line (NASDAQ: NCLH) on June 26 and set a price target of $65. The company’s shares opened today at $54.18, close to its 52-week high of $56.29.

According to TipRanks.com, Gordon is a 4-star analyst with an average return of 23.8% and a 90.5% success rate. Gordon covers the Services sector, focusing on stocks such as Marriott International, Hyatt Hotels Corp, and ARAMARK Holdings.

Currently, the analyst consensus on Norwegian Cruise Line is Strong Buy and the average price target is $62.50, representing a 15.4% upside.

In a report issued on June 12, Stifel Nicolaus also reiterated a Buy rating on the stock with a $60 price target.

The company has a one year high of $56.29 and a one year low of $34.16. Currently, Norwegian Cruise Line has an average volume of 1.72M.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Norwegian Cruise Line Holdings Ltd. operates as a holding company. It is a global cruise line operator, which offers cruise experiences for travelers with itineraries in North America, Mediterranean, Baltic, Central America, Bermuda and Caribbean. It also offers an entirely inter-island itinerary in Hawaii.