NEW YORK (TheStreet) --Norwegian Cruise Line Holdings Ltd.'s (NCLH) - Get Report price target was increased to $60 from $51 by analysts at Credit Suisse on Wednesday morning.

The firm said it upped its numbers on the cruise line operator after having what it describes as a "positive meeting" with the company's new management team.

Credit Suisse has an "outperform" rating on Norwegian Cruise Line stock.

"We recently met with CFO, Wendy Beck and other finance team members. We found management upbeat on the trajectory of the business and cultural changes as "FDR's New Deal" proceeds. With the new team in place, we think NCLH is focused on top-line and pricing optimization, versus one that perhaps had to partially save its way to success during the pre-IPO period," Credit Suisse said in an analyst note.

"NCLH management believes they have a ripe opportunity to expand their customer base internationally. With dedicated management members focused on strengthening NCLH's position in Europe, NCLH has the potential to capitalize on the many European travelers who are looking to travel domestically given recent currency weakness," the firm added.

Shares of Norwegian Cruise Line are lower by 0.03% to $51.78 at the start of trading today.

Separately, TheStreet Ratings team rates NORWEGIAN CRUISE LINE HLDGS as a Buy with a ratings score of B-. TheStreet Ratings Team has this to say about their recommendation:

"We rate NORWEGIAN CRUISE LINE HLDGS (NCLH) a BUY. This is driven by multiple strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income."

Highlights from the analysis by TheStreet Ratings Team goes as follows:

• The revenue growth greatly exceeded the industry average of 7.5%. Since the same quarter one year prior, revenues rose by 31.4%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
• Compared to its closing price of one year ago, NCLH's share price has jumped by 55.49%, exceeding the performance of the broader market during that same time frame. Regarding the stock's future course, although almost any stock can fall in a broad market decline, NCLH should continue to move higher despite the fact that it has already enjoyed a very nice gain in the past year.
• NORWEGIAN CRUISE LINE HLDGS has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, NORWEGIAN CRUISE LINE HLDGS increased its bottom line by earning $1.63 versus $0.47 in the prior year. This year, the market expects an improvement in earnings ($2.81 versus $1.63).
• Current return on equity exceeded its ROE from the same quarter one year prior. This is a clear sign of strength within the company. In comparison to the other companies in the Hotels, Restaurants & Leisure industry and the overall market, NORWEGIAN CRUISE LINE HLDGS's return on equity is significantly below that of the industry average and is below that of the S&P 500.
• Despite the current debt-to-equity ratio of 1.76, it is still below the industry average, suggesting that this level of debt is acceptable within the Hotels, Restaurants & Leisure industry. Even though the debt-to-equity ratio shows mixed results, the company's quick ratio of 0.06 is very low and demonstrates very weak liquidity.
• You can view the full analysis from the report here: NCLH Ratings Report