Carnival "neutral"

18.09.07 - Credit Suisse

NEW YORK, September 18 (newratings.com) - Analysts at Credit Suisse maintain their "neutral" rating on Carnival Corp (CCL). The target price is set to $45.

In a research note published this morning, the analysts mention that the company is expected to post its F3Q results in-line with the estimates, in view of the net revenue yield and the net cruise cost growth. Carnival?s current EPS guidance of $2.85-$2.95 is likely to be raised at the low-end to $2.90-$2.95, the analysts say. Improved trends in the wave season during January/February and a potential decline in fuel cost would support the company?s share price going forward, Credit Suisse adds.