Viking (NYSE:VIK) Now Covered by HSBC

HSBC began coverage on shares of Viking (NYSE:VIK) in a research report issued to clients and investors on Tuesday, MarketBeat.com reports. The firm set a “buy” rating and a $36.00 price target on the stock. HSBC’s price objective points to a potential upside of 15.18% from the stock’s current price.

VIK has been the subject of a number of other reports. Stifel Nicolaus started coverage on Viking in a research report on Tuesday, May 28th. They set a “buy” rating and a $37.00 price objective for the company. Melius Research started coverage on shares of Viking in a research report on Wednesday, May 22nd. They issued a “buy” rating and a $37.00 target price for the company. Bank of America initiated coverage on shares of Viking in a report on Tuesday, May 28th. They set a “buy” rating and a $35.00 price target on the stock. JPMorgan Chase & Co. assumed coverage on Viking in a research report on Tuesday, May 28th. They set an “overweight” rating and a $34.00 price objective for the company. Finally, Truist Financial assumed coverage on Viking in a research report on Friday, June 21st. They issued a “hold” rating and a $38.00 target price on the stock. Three equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $35.09.

Viking Price Performance

VIK stock opened at $31.26 on Tuesday. Viking has a 52 week low of $25.71 and a 52 week high of $33.28.

Viking (NYSE:VIK) last issued its earnings results on Wednesday, May 29th. The company reported ($0.03) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.46) by $0.43. The company had revenue of $718.16 million during the quarter, compared to analyst estimates of $705.70 million. Analysts forecast that Viking will post 1.12 earnings per share for the current year.

Viking Company Profile

Viking Holdings Ltd engages in the passenger shipping and other forms of passenger transport in North America, the United Kingdom, and internationally. It operates through River and Ocean segments. The company also operates as a tour entrepreneur for passengers and related activities in tourism. As of December 31, 2023, it operated a fleet of 92 ships, including 81 river vessels comprising 58 Longships, 10 smaller classes based on the Longship design, 11 other river vessels, and 1 river vessel charter and the Viking Mississippi; 9 ocean ships; and 2 expedition ships.