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Analysts Offer Insights on Consumer Cyclical Companies: Carnival (CCL), Norwegian Cruise Line (NCLH) and Maplebear (CART)

Tipranks - Tue Mar 31, 6:40AM CDT

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Carnival (CCL), Norwegian Cruise Line (NCLH) and Maplebear (CART).

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Carnival (CCL)

In a report issued on March 27, Jamie Rollo from Morgan Stanley maintained a Buy rating on Carnival, with a price target of $31.00. The company’s shares closed last Friday at $24.19.

According to TipRanks.com, Rollo is ranked #9448 out of 12128 analysts.

Carnival has an analyst consensus of Strong Buy, with a price target consensus of $34.41, implying a 40.0% upside from current levels. In a report issued on March 27, HSBC also upgraded the stock to Buy with a $30.10 price target.

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Norwegian Cruise Line (NCLH)

In a report released today, Patrick Scholes from Truist Financial maintained a Buy rating on Norwegian Cruise Line. The company’s shares closed last Friday at $18.49.

According to TipRanks.com, Scholes is a 4-star analyst with an average return of 6.5% and a 49.9% success rate. Scholes covers the NA sector, focusing on stocks such as Marriott Vacations Worldwide Corporation, Six Flags Entertainment Corporation, and Hilton Worldwide Holdings. ;'>

Currently, the analyst consensus on Norwegian Cruise Line is a Moderate Buy with an average price target of $25.25, implying a 29.7% upside from current levels. In a report issued on March 19, Stifel Nicolaus also assigned a Buy rating to the stock with a $28.00 price target.

Maplebear (CART)

In a report released today, Ken Gawrelski from Wells Fargo maintained a Hold rating on Maplebear, with a price target of $45.00. The company’s shares closed last Friday at $35.72.

According to TipRanks.com, Gawrelski is a 4-star analyst with an average return of 5.7% and a 50.8% success rate. Gawrelski covers the NA sector, focusing on stocks such as Reddit Inc Class A, Alphabet Class A, and Meta Platforms. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Maplebear with a $49.68 average price target.

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