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Analysts Offer Insights on Consumer Cyclical Companies: Carnival (CCL), Norwegian Cruise Line (NCLH) and Planet Fitness (PLNT)

Tipranks - Tue Mar 31, 5:36AM CDT

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Carnival (CCL), Norwegian Cruise Line (NCLH) and Planet Fitness (PLNT).

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Carnival (CCL)

Bank of America Securities analyst Andrew Didora maintained a Buy rating on Carnival today and set a price target of $45.00. The company’s shares closed last Friday at $24.19.

According to TipRanks.com, Didora is a 1-star analyst with an average return of -0.5% and a 51.9% success rate. Didora covers the Industrial Goods sector, focusing on stocks such as Allegiant Travel Company, United Airlines Holdings, and Frontier Group Holdings. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Carnival with a $34.32 average price target, representing a 39.7% upside. In a report issued on March 19, Morgan Stanley also upgraded the stock to Buy with a $31.00 price target.

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Norwegian Cruise Line (NCLH)

In a report released today, Stephen Grambling from Morgan Stanley maintained a Hold rating on Norwegian Cruise Line, with a price target of $24.00. The company’s shares closed last Friday at $18.49.

According to TipRanks.com, Grambling is a 4-star analyst with an average return of 5.6% and a 57.7% success rate. Grambling covers the NA sector, focusing on stocks such as Marriott Vacations Worldwide Corporation, Hilton Worldwide Holdings, and Wyndham Hotels & Resorts. ;'>

Currently, the analyst consensus on Norwegian Cruise Line is a Moderate Buy with an average price target of $25.23, implying a 29.6% upside from current levels. In a report released today, Barclays also maintained a Hold rating on the stock with a $22.00 price target.

Planet Fitness (PLNT)

TD Cowen analyst Max Rakhlenko maintained a Buy rating on Planet Fitness today and set a price target of $100.00. The company’s shares closed last Friday at $73.80.

According to TipRanks.com, Rakhlenko is a 3-star analyst with an average return of 3.5% and a 47.9% success rate. Rakhlenko covers the NA sector, focusing on stocks such as Floor & Decor Holdings, OneSpaWorld Holdings, and Advance Auto Parts. ;'>

Currently, the analyst consensus on Planet Fitness is a Strong Buy with an average price target of $113.49.

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