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Deutsche Bank Sticks to Their Hold Rating for Norwegian Cruise Line

Investing.com
·1-min read


Deutsche Bank (DE:DBKGn) analyst Chris Woronka maintained a Hold rating on Norwegian Cruise Line (NYSE:NCLH) on Thursday, setting a price target of $14, which is approximately 26.24% above the present share price of $11.09.

Woronka expects Norwegian Cruise Line to post earnings per share (EPS) of $0.57 for the second quarter of 2020.

The current consensus among 13 TipRanks analysts is for a Moderate Buy rating of shares in Norwegian Cruise Line, with an average price target of $22.73.
The analysts price targets range from a high of $70 to a low of $12.

In its latest earnings report, released on 12/31/2019, the company reported a quarterly revenue of $1.48 billion and a net profit of $199.38 million. The company's market cap is $2.64 billion.

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According to TipRanks.com, Deutsche Bank analyst Chris Woronka 's ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -14.5% and a 32.6% success rate.

Norwegian Cruise Line Holdings Ltd . engages in cruise business. It provides 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. Its brands include Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruses. The company was founded in 2010 and is headquartered in Miami, FL.