Why Carnival, Booking Holdings, and Norwegian Cruise Line Are No-Brainer Buys Right Now
Maritime cruise company Carnival Corp. (NYSE: CCL) continues to bounce back from the pandemic's impact.
That's the take from JPMorgan Chase analysts, anyway. The bank's research arm upgraded the stock to a rating of overweight earlier this week, citing an uninterrupted recovery in demand. Bank of America followed suit, upgrading Carnival shares to a buy. Both banks also upped their expectations of Carnival rivals Norwegian Cruise Line (NYSE: NCLH) and Royal Caribbean Cruises (NYSE: RCL). The bullish calls hold water, too.
Smart investors, however, will take a step back from these bullish arguments and apply their underpinnings to the entire leisure and travel sector. Online travel agents like Booking Holdings (NASDAQ: BKNG) and Expedia Group (NASDAQ: EXPE) are riding the same bullish tide, along with several other related tickers.
Source Fool.com
Carnival plc Stock
With 0 Sell predictions and 1 Buy predictions the community sentiment towards the Carnival plc stock is not clear.
As a result the target price of 14 € shows a slightly positive potential of 6.54% compared to the current price of 13.14 € for Carnival plc.
