popes11
06 Jan 2015
3500p Oil price set to fall further this can only help towards 3500p target.[link] operator Carnival has seen a number of analyst upgrades, both before and after releasing forecast-beating fourth-quarter results on 19 December.At a share price of 2,932p, Carnival trades on an ostensibly pricey forward P/E of around 20, but Credit Suisse analysts said: "We continue to see [Carnival] shares as attractively valued particularly versus longer-term earnings power in a normalized environment".Analysts at Berenberg, which this week lifted their price target on Carnival from 3,000p to 3,500p, "continue to believe there is a new-found determination on the part of the cruise operators to improve returns on capital, which is and remains pivotal in our positive stance on the sector". The Berenberg analysts also point to a number of other factors, including the continued recovery in the US economy and lower fuel prices, which "leave us optimistic on the outlook for 2015.
A1966J
09 Dec 2014
Temporary move south With oil prices at their lowest for years it makes no sense for carnival to be dropping at the moment.. Even the big drop in January looks unlikely with oil over 30% down on last year.
Guitaman
04 Dec 2014
Re: Telegraph- Questor Please bear in mind that these people are financial journalists not experts. They have probably done a lot less research and know less about the company than we do. It was obvious that once the oil price started to drop so would the companies costs.DYORG
popes11
04 Dec 2014
Re: Telegraph- Questor indeed they are up about 30% since the sell tip.
walrusty
29 Nov 2014
Re: Telegraph- Questor Looks like that advice was very poor then.
