Market Overview

UPDATE: RS Platou Markets Reiterates Neutral Rating, Raises PT on Carnival Corporation

Share:
Related CCL
Credit Suisse's Top Oil Plays Outside The Energy Sector
Carnival Cruise Line Up In Monday's Premarket Session Following Barron's Article Highlight Strength Of Company Payouts
Carnival (CCL) to Sail Five Cruise Ships to Bermuda in 2016 (Zacks)

In a report published Wednesday, RS Platou Markets reiterated its Neutral rating on Carnival Corporation (NYSE: CCL), and raised its price target from $38.00 to $44.00.

RS Platou noted, “Carnival Corp. (CCL) is set to report 4Q12 (fiscal quarter ending November) at 20 December. We expect to see EPS in the top end of the guiding. As the US economy is improving and the turbulence in Europe is stabilising, the outlook for cruise liners has improved. We raise our target price by 15% as we change our valuation basis to 2014. The rating is unchanged at Neutral.”

Carnival Corporation closed on Tuesday at $39.32.

Latest Ratings for CCL

DateFirmActionFromTo
Jul 2015JefferiesUpgradesUnderperformHold
Jul 2015CitigroupMaintainsBuy
Jun 2015Buckingham ResearchMaintainsBuy

View More Analyst Ratings for CCL
View the Latest Analyst Ratings

Posted-In: RS Platou MarketsAnalyst Color Price Target Analyst Ratings

 

Related Articles (CCL)

Get Benzinga's Newsletters