Shares of Viking Holdings Ltd (NYSE:VIK – Get Free Report) have been given an average recommendation of “Moderate Buy” by the twelve analysts that are currently covering the stock, Marketbeat reports. Three research analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $35.83.
A number of equities analysts have recently weighed in on VIK shares. Redburn Atlantic started coverage on Viking in a research report on Tuesday, May 28th. They set a “neutral” rating and a $29.00 target price on the stock. Melius assumed coverage on Viking in a research report on Wednesday, May 22nd. They issued a “buy” rating and a $37.00 price target for the company. HSBC assumed coverage on Viking in a research report on Tuesday, June 25th. They issued a “buy” rating and a $36.00 price target for the company. JPMorgan Chase & Co. assumed coverage on Viking in a research report on Tuesday, May 28th. They issued an “overweight” rating and a $34.00 price target for the company. Finally, Bank of America increased their price target on Viking from $35.00 to $40.00 and gave the company a “buy” rating in a research report on Tuesday, July 23rd.
Institutional Inflows and Outflows
Viking Trading Up 4.2 %
Viking stock opened at $35.63 on Friday. Viking has a 52-week low of $25.71 and a 52-week high of $37.25. The stock’s 50 day simple moving average is $33.51.
Viking (NYSE:VIK – Get Free Report) last issued its earnings results on Wednesday, May 29th. The company reported ($0.03) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.46) by $0.43. The firm had revenue of $718.16 million for the quarter, compared to analyst estimates of $705.70 million. As a group, sell-side analysts forecast that Viking will post 1.18 EPS for the current year.
About Viking
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.
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