Norwegian Cruise Line (NCLH) Gets a Buy Rating from Nomura

By Carrie Williams

In a report released today, Harry Curtis from Nomura maintained a Buy rating on Norwegian Cruise Line (NCLHResearch Report), with a price target of $70.00. The company’s shares closed last Monday at $54.78.

According to TipRanks.com, Curtis is a 5-star analyst with an average return of 12.4% and a 65.9% success rate. Curtis covers the Services sector, focusing on stocks such as Melco Resorts & Entertainment, Marriott International, and Extended Stay America.

Norwegian Cruise Line has an analyst consensus of Strong Buy, with a price target consensus of $65.60, a 19.7% upside from current levels. In a report issued on November 26, Tigress Financial also reiterated a Buy rating on the stock.

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Norwegian Cruise Line’s market cap is currently $11.65B and has a P/E ratio of 12.34. The company has a Price to Book ratio of 1.86.

Based on the recent corporate insider activity of 60 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of NCLH in relation to earlier this year. Last month, Andrew Stuart, the Pres. & CEO of NCL of NCLH sold 245,364 shares for a total of $12,729,379.

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.