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

Viking Holdings Ltd (NYSE:VIK) has earned a consensus recommendation of “Moderate Buy” from the thirteen research firms that are covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold rating and ten have issued a buy rating on the company. The average 1 year target price among analysts that have covered the stock in the last year is $42.85.

Several equities analysts recently commented on the company. Morgan Stanley upgraded Viking from an “equal weight” rating to an “overweight” rating and upped their price objective for the company from $37.00 to $49.00 in a research note on Tuesday, November 12th. Stifel Nicolaus increased their target price on Viking from $39.00 to $50.00 and gave the stock a “buy” rating in a research report on Monday, November 18th. Citigroup initiated coverage on Viking in a research report on Thursday, December 19th. They set a “buy” rating and a $54.00 target price on the stock. Barclays restated an “equal weight” rating and set a $49.00 target price on shares of Viking in a research report on Friday, December 13th. Finally, Truist Financial increased their price objective on Viking from $38.00 to $49.00 and gave the stock a “hold” rating in a research report on Monday, December 2nd.

Viking Trading Up 1.3 %

Viking stock opened at $43.59 on Wednesday. Viking has a 12 month low of $25.71 and a 12 month high of $47.62. The business’s 50 day simple moving average is $44.80 and its 200 day simple moving average is $38.58.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Avior Wealth Management LLC purchased a new stake in Viking in the 3rd quarter worth $27,000. Valley Wealth Managers Inc. purchased a new stake in Viking in the 2nd quarter worth $35,000. Sunbelt Securities Inc. purchased a new stake in Viking in the 2nd quarter worth $68,000. SG Americas Securities LLC purchased a new stake in shares of Viking during the 3rd quarter valued at about $181,000. Finally, Wilmington Savings Fund Society FSB purchased a new stake in shares of Viking during the 3rd quarter valued at about $187,000. Hedge funds and other institutional investors own 98.84% of the company’s stock.

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.