Market Overview

Why Norwegian Cruise Line's Stock Is Moving Higher Today


Norwegian Cruise Line (NASDAQ: NCLH) shares are trading higher on Thursday. Credit Suisse initiated coverage on the company's stock with an Outperform rating and announced a $21 price target.

The shares of several cruise companies are also trading higher, potentially amid cautious optimism towards a rebound in travel demand.

Norwegian Cruise Line is the world's third-largest cruise company by berths, operating 28 ships across three brands (Norwegian, Oceania, and Regent Seven Seas), offering both freestyle and luxury cruising.

Norwegian Cruise Line shares were trading up 7.11% at $13.71 on Thursday. The stock has a 52-week high of $59.78 and a 52-week low of $7.03.

Related Links:

Here's How Long Carnival, Norwegian And Royal Caribbean Can Last Without Revenue

Carnival Shares Plunge Further As Cruise Line Guides To 2020 Loss, Announces Common Stock Offering

Latest Ratings for NCLH

May 2020Credit SuisseInitiates Coverage OnOutperform
May 2020SunTrust Robinson HumphreyMaintainsBuy
May 2020Deutsche BankMaintainsHold

View More Analyst Ratings for NCLH
View the Latest Analyst Ratings


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