Wall Street Analysts Believe Norwegian Cruise Line (NCLH) Could Rally 26.22%: Here's is How to Trade

Core Viewpoint - Norwegian Cruise Line (NCLH) shares have increased by 2.9% recently, closing at $17.85, with a potential upside indicated by Wall Street analysts' price targets suggesting a mean estimate of $22.53, representing a 26.2% upside [1] Price Targets Analysis - The average of 18 short-term price targets ranges from a low of $17.50 to a high of $32, with a standard deviation of $3.70, indicating variability among analysts [2] - The lowest estimate suggests a 2% decline from the current price, while the highest estimate indicates a 79.3% upside [2] Analyst Consensus and Earnings Estimates - There is strong agreement among analysts regarding NCLH's ability to report better earnings than previously predicted, which supports the potential for stock upside [4] - Over the last 30 days, the Zacks Consensus Estimate for the current year has increased by 14%, with six estimates moving higher and no negative revisions [10] Zacks Rank and Investment Implications - NCLH holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimates [11] - While consensus price targets may not be reliable for predicting exact stock gains, they can provide a directional guide for potential price movement [11]