Could Norwegian Cruise Line (NCLH) be worth $70 in the next year?
What’s up with Norwegian Cruise Line?
Norwegian Cruise Line (NCLH) opened at $12.16, which means the stock is down 5.88% from yesterday’s closing price of 12.42. Today, the company has a high of $12.29 and a low of $11.52. The company has a market cap of $2.93 billion with a 52-week high of $59.78 and a 52-week low of $7.03.
What about the future for Norwegian Cruise Line?
The high forecast for Norwegian Cruise Line is $70.00 while the low is $12.50. Stock forecasts are based on human experience: Human traders based on their experience in terms of stock price patterns, volume changes, and market news/rumors regarding a particular stock. Norwegian Cruise Line has a strong forecast. A strong forecast is a result of strong earning reports as investors are willing to pay a higher share price today because of growth expectations in the future. Based on this information NCLH seems to be a safe buy.
About Norwegian Cruise Line
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.