Peel Hunt upgraded Carnival plc to Buy from Add with a price target of 1,300 GBp, up from 1,100 GBp. The company has pushed its debt maturities out to a “manageable” maturity profile and is pre-paying or replacing its expensive debt, which should appeal to more investors, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CUK: