Norwegian Cruise Line Holdings Ltd

NCLH: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$71.00	Bzgyy	Tvqlwww

Norwegian On Track for Return to Profitability in 2023, Shares Remain Attractive

Jaime M Katz

Nov 8, 2022

We don’t plan any material change to our $28 fair value estimate for no-moat Norwegian in light of third-quarter earnings as demand for travel remains unrelenting. We continue to view shares as undervalued.

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