Viking (NYSE:VIK) Research Coverage Started at Barclays

Barclays started coverage on shares of Viking (NYSE:VIK) in a research note released on Tuesday morning, MarketBeat reports. The brokerage issued an overweight rating and a $39.00 target price on the stock.

VIK has been the topic of several other reports. JPMorgan Chase & Co. began coverage on Viking in a report on Tuesday, May 28th. They issued an overweight rating and a $34.00 target price on the stock. Melius initiated coverage on Viking in a research note on Wednesday, May 22nd. They issued a buy rating and a $37.00 price objective on the stock. Truist Financial began coverage on Viking in a research note on Friday, June 21st. They issued a hold rating and a $38.00 target price for the company. Stifel Nicolaus initiated coverage on Viking in a report on Tuesday, May 28th. They issued a buy rating and a $37.00 price target for the company. Finally, Redburn Atlantic began coverage on shares of Viking in a report on Tuesday, May 28th. They set a neutral rating and a $29.00 price objective on the stock. Three investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of Moderate Buy and an average price target of $35.42.

Viking Price Performance

Viking stock opened at $34.15 on Tuesday. The business’s fifty day moving average is $30.58. Viking has a 52-week low of $25.71 and a 52-week high of $34.26.

Viking (NYSE:VIK) last released its quarterly earnings results on Wednesday, May 29th. The company reported ($0.03) EPS for the quarter, beating analysts’ consensus estimates of ($0.46) by $0.43. The firm had revenue of $718.16 million during the quarter, compared to analyst estimates of $705.70 million. Equities analysts anticipate that Viking will post 1.18 EPS for the current fiscal 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.