NYSE:CCLHospitality
Carnival (CCL) Stock May Be 49% Undervalued On Emissions Target
Carnival stock has delivered a strong 83.3% gain over the past three years, yet its current price of US$28.12 still screens as cheap compared with an intrinsic value estimate based on a Discounted Cash Flow (DCF) approach and supporting market multiples.
Carnival has returned 83.3% over the past three years, which means long term holders have already seen a significant recovery from earlier lows.
The company’s new greenhouse gas emissions intensity reduction target may support expectations...