Viking (NYSE:VIK) receives a Neutral rating from analysts at Redburn Atlantic

Equity research analysts at Redburn Atlantic have started coverage on the stock Viking (NYSE:VIK – Get Free Report) – according to Benzinga in a report published on Tuesday. The brokerage has set a “neutral” rating and a target price of $29.00 for the stock. Redburn Atlantic’s price target indicates a potential downside for the stock of 2.29% from the previous close.

Several other brokerages have also recently commented on VIK. On Tuesday, JPMorgan Chase & Co. addressed the topic of Viking in a research report. They issued an “overweight” rating for the stock and a $34.00 price target. On Wednesday, May 22, Melius Research initiated an article on the Viking in a research report. They gave the company a “buy” rating and a target price of $37.00. On Wednesday, May 22, Melius initiated coverage of the Vikings in a research report. They gave the company a “buy” rating and a target price of $37.00. UBS Group initiated an article on Viking in a research report on Tuesday. They gave the company a “buy” rating and a target price of $35.00. Finally, Wells Fargo & Company initiated a story on Viking in a research report on Tuesday. They set an “overweight” rating and a $35.00 price target for the company. Two analysts rated the company’s shares with a hold rating, and six of them issued a buy rating. Based on data from MarketBeat.com, the consensus rating for the company’s stock is “Moderate Buy” and the average price target is $34.38.

Read our latest report on VIK

Viking trade increase by 3.5%

Viking shares opened at $29.68 on Tuesday. Viking has a 12 month low of $25.71 and a 12 month high of $30.23.

Viking company profile

(Get the free report)

Viking Holdings Ltd engages in passenger shipping and other forms of passenger transportation in North America, the United Kingdom and internationally. It operates in the river and ocean segments. The company also operates as an entrepreneur engaged in passenger tourism and related tourism activities. As of December 31, 2023, it operated a fleet of 92 vessels, including 81 river vessels comprising 58 Longships, 10 smaller classes based on the Longship design, 11 other river vessels, and 1 charter river vessel and Viking Mississippi; 9 ocean-going ships; and 2 expedition ships.

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