Cruise stocks price targets boosted on evidence of ‘pent-up demand,’ but analyst won’t say buy

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 97%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Price targets on cruise-line stocks get a boost on evidence of pent-up demand

Shares of cruise ship operators rose Friday, after Truist analyst Patrick Scholes raised his price targets, citing evidence that “pent-up demand” was a real thing, but he still doesn’t recommend investors buy, at least not yet.

Although sales this year through early March are still “deeply negative” from the same time in pre-COVID 2019, 2022 bookings are looking 30% to 35% above 2019 levels, Scholes said. “Clearly there is significant pend-up demand, especially from experienced cruisers and those that had their cruises canceled and most notably for seniors on higher-end/premium cruises,” Scholes wrote in a note to clients.

But currently, Royal has suspended cruise operations for most ships through at least April, while Norwegian and Carnival Cruise Line has suspended cruises through May.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

$ccl $rcl

There's many people wondering how you knew with more than 30 minutes (arguably 14h) in advance, how $gme and $amc had simultaneously dropped by more than 40% the other day. wmwitkowski For those who don't know about this, I suggest you stop taking advices from these crooks.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 3. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Can a pent-up economy outweigh higher taxes for stock-market investors?It’s “hard to argue” that markets have already priced the rising risk of higher taxes, according to David Kelly, chief global strategist at JPMorgan Chase &...
Källa: MarketWatch - 🏆 3. / 97 Läs mer »