Viking Holdings Ltd (NYSE:VIK) Receives $45.13 Consensus Price Target from Brokerages

Shares of Viking Holdings Ltd (NYSE:VIK) have earned a consensus recommendation of “Moderate Buy” from the fifteen analysts that are presently covering the stock, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and eleven have given a buy recommendation to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $45.13.

VIK has been the topic of a number of recent research reports. Stifel Nicolaus lifted their target price on Viking from $39.00 to $50.00 and gave the stock a “buy” rating in a report on Monday, November 18th. The Goldman Sachs Group initiated coverage on Viking in a report on Wednesday, January 22nd. They issued a “neutral” rating and a $49.00 target price on the stock. Citigroup initiated coverage on Viking in a report on Thursday, December 19th. They issued a “buy” rating and a $54.00 target price on the stock. Loop Capital initiated coverage on Viking in a report on Tuesday, February 4th. They issued a “buy” rating and a $55.00 target price on the stock. Finally, Morgan Stanley upgraded Viking from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $37.00 to $49.00 in a report on Tuesday, November 12th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of VIK. Avior Wealth Management LLC purchased a new position in Viking in the third quarter valued at about $27,000. Quarry LP purchased a new position in Viking in the fourth quarter valued at about $66,000. Golden State Wealth Management LLC purchased a new position in Viking in the fourth quarter valued at about $73,000. Orion Capital Management LLC purchased a new position in Viking in the fourth quarter valued at about $110,000. Finally, New York State Common Retirement Fund purchased a new position in Viking in the fourth quarter valued at about $119,000. Hedge funds and other institutional investors own 98.84% of the company’s stock.

Viking Price Performance

VIK opened at $47.88 on Thursday. Viking has a one year low of $25.71 and a one year high of $53.14. The stock’s fifty day moving average is $47.80 and its 200-day moving average is $42.42.

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.