Melius Research analyst Conor Cunningham has adjusted the price target for Norwegian Cruise Line (NCLH, Financial), bringing it down from $31 to $24. Despite this revision, Cunningham maintains a Buy rating for the shares of the cruise line operator.
This adjustment in the price target reflects evolving market conditions and projections related to the cruise industry. Norwegian Cruise Line remains an investment opportunity with potential for growth, according to Cunningham's analysis, even with the adjusted expectations.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 21 analysts, the average target price for Norwegian Cruise Line Holdings Ltd (NCLH, Financial) is $28.60 with a high estimate of $38.00 and a low estimate of $18.00. The average target implies an upside of 74.59% from the current price of $16.38. More detailed estimate data can be found on the Norwegian Cruise Line Holdings Ltd (NCLH) Forecast page.
Based on the consensus recommendation from 25 brokerage firms, Norwegian Cruise Line Holdings Ltd's (NCLH, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Norwegian Cruise Line Holdings Ltd (NCLH, Financial) in one year is $25.02, suggesting a upside of 52.75% from the current price of $16.38. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Norwegian Cruise Line Holdings Ltd (NCLH) Summary page.
