Carnival plc (CCL) Receives Consensus Rating of “Buy” from Analysts
Shares of Carnival plc (LON:CCL) have received a consensus recommendation of “Buy” from the seven analysts that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is GBX 5,486.67 ($71.69).
A number of brokerages have recently issued reports on CCL. Shore Capital upgraded shares of Carnival to a “buy” rating in a research report on Tuesday, January 8th. UBS Group upped their target price on shares of Carnival from GBX 5,550 ($72.52) to GBX 5,750 ($75.13) and gave the stock a “buy” rating in a research report on Monday, October 1st. Berenberg Bank reiterated a “buy” rating and set a GBX 5,300 ($69.25) target price on shares of Carnival in a research report on Tuesday, October 16th. Finally, Barclays upgraded shares of Carnival to an “overweight” rating and upped their target price for the stock from GBX 5,300 ($69.25) to GBX 5,320 ($69.52) in a research report on Tuesday, October 2nd.
LON:CCL traded down GBX 3 ($0.04) on Wednesday, reaching GBX 4,035 ($52.72). The stock had a trading volume of 679,061 shares, compared to its average volume of 778,140. Carnival has a 1-year low of GBX 4,437 ($57.98) and a 1-year high of GBX 5,435 ($71.02).
Carnival plc operates as a leisure travel and cruise company. It offers cruises under the Carnival Cruise Line, Princess Cruises, Holland America Line, and Seabourn brands in North America; and Costa, AIDA, P&O Cruises (UK), Cunard, and P&O Cruises (Australia) brands in Europe, Australia, and Asia.
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