This Analyst Warns Cruise Investors: A Full Recovery Is Still “Several Years” Away

America’s up-again, down-again group of cruise line stocks — Carnival Corporation (CCL), Royal Caribbean (RCL), and Norwegian Cruise Line Holdings (NCLH) — went down again, en masse, this week, with all three companies’ stocks sinking 10% or more.Don’t say you were not warned.Analyst Chris Woronka of Deutsche Bank penned a note in which he tweaked price targets ever so slightly higher. At the same as he did this, however, Woronka also warned investors that none of the three publicly-traded cruise stocks is currently cheap enough to buy.Although Woronka raised his estimates (the price target on Carnival going from $11 to …read more

Source:: Yahoo Finance

      

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