Analyst Price Target Update on Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH)

Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) should head towards $63.88 per share according to 8 Analysts in consensus. However, if the road gets shaky, the stock may fall short to $35 per share. The higher price estimate target is at $72 according to the Analysts.

Many analysts have stated their opinion on the company shares. Sterne Agee CRT initiates coverage on Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) . The global brokerage major announces a current price target of $60 per share. Analysts at the Sterne Agee CRT have a current rating of Buy on the shares. The rating by the firm was issued on June 7, 2016. For the current week, the company shares have a recommendation consensus of Buy.

On the companys insider trading activities,The officer (SVP Gen. Counsel & Asst. Secy) of Norwegian Cruise Line Holdings Ltd., Farkas Daniel S sold 39,070 shares at $47.58 on March 10, 2016. The Insider selling transaction had a total value worth of $1,858,951. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.7 points or 1.57% at $43.83 with 968,129 shares getting traded. Post opening the session at $44.35, the shares hit an intraday low of $43.81 and an intraday high of $44.869 and the price was in this range throughout the day. The company has a market cap of $9,950 million and the number of outstanding shares have been calculated to be 227,006,870 shares. The 52-week high of Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) is $64.27 and the 52-week low is $37.01.

Norwegian Cruise Line Holdings Ltd. is a diversified cruise operator. The Company operates cruise lines under the Norwegian, Oceania and Regent brands. Norwegian offers cruises ranging in length from one day to three weeks. Each of Norwegians 13 ships has been built to consistently deliver the Freestyle Cruising product offering. Freestyle Cruising offers flexibility and choice to its guests who prefer to dine when they want, with whomever they want and without having to dress formally. Oceania operates a fleet of five mid-size ships in the upper-premium cruise segment offering personalized service and elegant accommodations. Regent offers a luxury all-inclusive cruise vacation experience, including free air transportation, a pre-cruise hotel night stay, wines and liquors, gratuities and unlimited shore excursions.

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