Barclays has downgraded Norwegian Cruise Line (NYSE:NCLH) from an “overweight” to an “equal weight” rating, setting a price target of $23.00, which suggests a slight downside from its previous close. This downgrade comes amidst mixed analyst opinions; while the consensus rating remains a “Moderate Buy” with a target of $27.05, several firms have recently adjusted their ratings or price targets. The company’s financials indicate elevated leverage with a debt-to-equity ratio of 6.22 and low liquidity, evidenced by a quick ratio of 0.17.
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Norwegian Cruise Line (NYSE:NCLH) Lowered to Equal Weight Rating by Barclays
Barclays has downgraded Norwegian Cruise Line (NYSE:NCLH) from an “overweight” to an “equal weight” rating, setting a price target of $23.00, which suggests a slight downside from its previous close. This downgrade comes amidst mixed analyst opinions; while the consensus rating remains a “Moderate Buy” with a target of $27.05, several firms have recently adjusted their ratings or price targets. The company’s financials indicate elevated leverage with a debt-to-equity ratio of 6.22 and low liquidity, evidenced by a quick ratio of 0.17.