Viking (VIK) Sees Growth Opportunity in European River Cruises

​Viking Holdings Ltd. (NYSE:VIK) ranks among the best stocks with the most insider ownership to buy now. On March 23, BofA Securities reaffirmed its Buy rating on Viking Holdings Ltd. (NYSE:VIK), with a price target of $90. This follows the management team’s discussions about a potential buyback, although Founder and CEO Torstein Hagen prefers to reinvest in the company.

According to BofA Securities, the company may seek acquisitions that would increase passenger alternatives before or after voyages or broaden its regional footprint. At the same time, management voiced optimism in the potential for expansion in European rivers, citing the chance to double its footprint in Europe.

Meanwhile, UBS reiterated its Buy rating and $83 price target for Viking Holdings Ltd. (NYSE:VIK) on March 18. The firm stated that Viking’s ocean operation makes use of heavy fuel oil and will handle this unhedged cost in fiscal 2026. UBS predicts that a 10% increase in fuel cost per metric ton might result in a 5-cent change in 2027 EPS, or 1% of the firm’s fiscal 2027 EPS projection.

​Viking Holdings Ltd. (NYSE:VIK) engages in passenger shipping and other forms of passenger transport in North America, the UK, and internationally. It operates through the River & Ocean segments.

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