Viking Holdings Ltd (NYSE:VIK) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Viking Holdings Ltd (NYSE:VIK) has earned an average rating of “Moderate Buy” from the fifteen brokerages that are covering the stock, Marketbeat.com reports. Four analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The average 1-year price target among brokers that have covered the stock in the last year is $45.13.

A number of equities research analysts have recently weighed in on the stock. Barclays restated an “equal weight” rating and issued a $49.00 price target on shares of Viking in a research note on Friday, December 13th. JPMorgan Chase & Co. raised their target price on shares of Viking from $50.00 to $58.00 and gave the company an “overweight” rating in a research report on Friday, January 17th. Morgan Stanley upgraded shares of Viking from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $37.00 to $49.00 in a report on Tuesday, November 12th. Truist Financial increased their price target on Viking from $38.00 to $49.00 and gave the company a “hold” rating in a research note on Monday, December 2nd. Finally, Bank of America boosted their price objective on Viking from $40.00 to $51.00 and gave the stock a “buy” rating in a research report on Wednesday, November 13th.

Viking Stock Up 1.9 %

NYSE:VIK opened at $49.05 on Thursday. Viking has a twelve month low of $25.71 and a twelve month high of $53.14. The stock’s 50-day simple moving average is $47.64 and its 200 day simple moving average is $42.00.

Institutional Trading of Viking

Institutional investors have recently added to or reduced their stakes in the stock. Avior Wealth Management LLC bought a new position in Viking during the 3rd quarter worth approximately $27,000. Quarry LP acquired a new stake in shares of Viking during the fourth quarter worth $66,000. Golden State Wealth Management LLC bought a new position in Viking during the fourth quarter worth $73,000. Orion Capital Management LLC acquired a new position in Viking in the fourth quarter valued at $110,000. Finally, New York State Common Retirement Fund acquired a new position in Viking in the fourth quarter valued at $119,000. 98.84% of the stock is currently owned by institutional investors.

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.