Research Disclosures & Disclaimers

This website contains disclosures and disclaimers related to
published UBS Global Research products, including those related to
regulation, potential conflicts of interest as well as those provided
by third-party data providers describing limitations on use of their
products.

Norwegian Cruise Line Holdings (NCLH.N)*

UBS Rating and Price Target History Chart

Line chart explaining Price target vs Stock Price is described in below table

EQ Rating & Price Target Table

Date	Stock Price (US$)	Price Target (US$)	Rating
2022-03-25	19.86	19.00	Neutral
2022-05-18	15.90	18.00	Neutral
2022-10-11	11.63	-	No Rating
2022-10-12	12.98	15.00	Buy
2022-11-11	17.86	-	No Rating
2022-11-13	17.86	24.00	Buy
2022-12-12	15.46	19.00	Neutral
2023-01-08	13.04	13.00	Neutral
2023-05-19	14.15	14.00	Neutral
2023-08-17	16.78	17.00	Neutral
2024-02-29	19.39	18.00	Neutral
2024-05-20	16.94	19.00	Neutral
2024-11-07	27.05	29.00	Neutral
2025-06-30	20.18	23.00	Neutral

Disclosures

Within the past 12 months, UBS has received compensation for products and services other than investment banking services from this company/entity.
UBS Securities LLC makes a market in the securities and/or ADRs of this company.
UBS holds a long or short position of 0.5% or more of the listed shares of this company.

Note : Historical Price Targets have been adjusted to account for any stock splits, rights issues and/or dividends which may have occurred for this security. Not Priced: Stock was not priced on the given date. No Rating: Issuer was not rated by UBS on the given day. No Price Target: For this issuer no Price Target was set by UBS on the given day. Issuers with an EQ Rating & Price Target Table are covered by UBS-IB Equity Research Analysts. Issuers without an EQ Rating & Price Target Table are not single stock covered.

* Issuers marked with an asterisk are covered by UBS-IB Equity Research Analysts. Issuers without an asterisk are not single stock covered.