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Berenberg Says To Buy The Dip In Carnival: 'The Guidance For 2018 Remains Strong'
Wednesday, June 27, 2018 - 2:48pm | 442The market is taking an unfairly bearish stance on Carnival Corp (NYSE: CCL), according to Berenberg. The Analyst Berenberg analyst Stuart Gordon upgraded Carnival Corp. from Hold to Buy rating and maintained a $70 price target. The Thesis Carnival shares sold off ahead...
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Berenberg: Fuel Prices Could Hurt Royal Carribean Cruises
Tuesday, November 14, 2017 - 1:27pm | 365Royal Caribbean Cruises Ltd (NYSE: RCL) shares have enjoyed a strong run, benefiting from strong fundamentals, a supportive macroeconomic environment and low fuel prices. The good times may not last forever, according to one Berenberg analyst. The Analyst Berenberg analyst Stuart Gordon...
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Hyatt Could Return $1.9 Billion To Shareholders, Analyst Says
Friday, November 10, 2017 - 12:54pm | 399Hyatt Hotels Corporation (NYSE: H) has always pursued the policy of asset recycling: selling properties in order to buy hotels in high-value areas. In its third-quarter earnings report released Nov. 2, the company said it made a minority investment in Oasis Luxury Rentals and bought the...
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Berenberg Sees M&A Activity Just Beginning In The Leisure Sector
Thursday, December 10, 2015 - 2:26pm | 569Stuart Gordon of Berenberg commented on the leisure group, noting the sector remains "ripe" for further consolidation and Marriott International Inc (NASDAQ: MAR)'s acquisition of Starwood Hotels & Resorts Worldwide Inc (NYSE: HOT) is "only the first deal." Gordon cited valuations below...