|Bid||29.00 x 900|
|Ask||29.01 x 800|
|Day's range||28.81 - 30.34|
|52-week range||9.24 - 34.49|
|Beta (5Y monthly)||2.88|
|PE ratio (TTM)||N/A|
|Earnings date||12 May 2021 - 17 May 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||31.18|
The stock market mounted a comeback on Wednesday morning, as major market benchmarks managed to rise and claw back some of their losses from recent sessions. The cruise ship industry has been one of the hardest-hit sectors of the economy, and operators like Norwegian Cruise Line Holdings (NYSE: NCLH) still face an uncertain future. Meanwhile, oil services giant Halliburton (NYSE: HAL) gave investors some insight into what's happening in the volatile energy sector.
As of 11:20 a.m. EDT, the cruise ship operator's stock price was up more than 6%. Goldman Sachs analyst Stephen Grambling raised his rating on Norwegian Cruise Line's shares from neutral to buy on Tuesday. Grambling's new price target represents potential returns to investors of roughly 29% from the stock's current price near $28.65.
Has beaten-down Norwegian Cruise Line Holdings (NYSE: NCLH) stock reached a bottom? Goldman Sachs analyst Stephen Grambling believes it's got potential for a bounce; on Tuesday, the prognosticator upgraded his recommendation on the shares from neutral to buy. As cited by Streetinsider.com, Grambling had three key reasons for his newfound bullishness.