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

Viking Holdings Ltd (NYSE:VIK) has earned a consensus rating of “Moderate Buy” from the twelve brokerages that are presently covering the stock, MarketBeat reports. Two analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $41.00.

VIK has been the topic of several research analyst reports. Bank of America raised their price objective on Viking from $40.00 to $51.00 and gave the stock a “buy” rating in a research note on Wednesday, November 13th. Stifel Nicolaus raised their target price on shares of Viking from $39.00 to $50.00 and gave the stock a “buy” rating in a report on Monday, November 18th. Barclays increased their price target on Viking from $43.00 to $49.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 20th. Wells Fargo & Company boosted their price objective on Viking from $35.00 to $39.00 and gave the company an “overweight” rating in a research report on Wednesday, September 4th. Finally, JPMorgan Chase & Co. increased their target price on Viking from $37.00 to $42.00 and gave the stock an “overweight” rating in a research report on Thursday, August 22nd.

Institutional Investors Weigh In On Viking

Several hedge funds have recently modified their holdings of VIK. Avior Wealth Management LLC purchased a new position in Viking during the third quarter valued at approximately $27,000. Valley Wealth Managers Inc. acquired a new position in shares of Viking in the second quarter worth $35,000. American National Bank acquired a new position in shares of Viking in the second quarter worth $68,000. Sunbelt Securities Inc. purchased a new stake in shares of Viking during the second quarter worth $68,000. Finally, SG Americas Securities LLC acquired a new stake in Viking during the third quarter valued at $181,000.

Viking Stock Up 1.0 %

NYSE:VIK opened at $45.78 on Tuesday. Viking has a 52 week low of $25.71 and a 52 week high of $46.41. The business’s 50 day moving average is $39.05 and its two-hundred day moving average is $34.96.

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.