Viking Holdings Ltd (NYSE:VIK) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Viking Holdings Ltd (NYSE:VIK) have been given an average recommendation of “Moderate Buy” by the fifteen ratings firms that are covering the stock, Marketbeat.com reports. Four investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $45.13.

A number of research analysts recently weighed in on VIK shares. JPMorgan Chase & Co. boosted their target price on Viking from $50.00 to $58.00 and gave the stock an “overweight” rating in a report on Friday, January 17th. The Goldman Sachs Group assumed coverage on shares of Viking in a report on Wednesday, January 22nd. They issued a “neutral” rating and a $49.00 price objective on the stock. Truist Financial raised their target price on shares of Viking from $38.00 to $49.00 and gave the stock a “hold” rating in a research note on Monday, December 2nd. Loop Capital assumed coverage on shares of Viking in a research note on Tuesday, February 4th. They issued a “buy” rating and a $55.00 price target on the stock. Finally, Stifel Nicolaus raised their price objective on shares of Viking from $39.00 to $50.00 and gave the stock a “buy” rating in a research report on Monday, November 18th.

Viking Price Performance

Shares of NYSE VIK opened at $49.05 on Thursday. The business’s 50 day moving average price is $47.64 and its two-hundred day moving average price is $42.00. Viking has a twelve month low of $25.71 and a twelve month high of $53.14.

Institutional Trading of Viking

Several large investors have recently modified their holdings of the stock. Orion Capital Management LLC acquired a new position in Viking in the fourth quarter valued at about $110,000. PharVision Advisers LLC bought a new position in Viking in the 4th quarter valued at about $281,000. Voloridge Investment Management LLC acquired a new position in shares of Viking in the 4th quarter valued at approximately $59,226,000. Squarepoint Ops LLC lifted its holdings in shares of Viking by 8.5% during the 4th quarter. Squarepoint Ops LLC now owns 163,856 shares of the company’s stock worth $7,219,000 after acquiring an additional 12,856 shares during the period. Finally, Twinbeech Capital LP acquired a new stake in shares of Viking during the 4th quarter worth approximately $363,000. 98.84% of the stock is owned by institutional investors and hedge funds.

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.