Carnival Corporation: “We Remain Neutral On The Stock”, Says William Blair
In a research note released this afternoon, William Blair analyst Sharon Zackfia reaffirmed her Market Perform rating on shares of Carnival Corporation (CCL) following the company’s second-quarter fiscal 2014 results. Carnival’s stock reacted negatively to the company’s third-quarter outlook.
“We remain neutral on the stock since a valuation of 18 times our new 2015 EPS estimate implies a strong earnings recovery in 2015, for which we continue to see scant evidence”, Zackfia noted.
According to TipRanks, which measures analysts and bloggers success rate based on how their calls perform, analyst Sharon Zackfia currently has a one-year average return of 35% and a 67% success rate. She is ranked #316 out of 3125 analysts.