The Berenberg Bank Reiterates Hold Rating for Carnival plc (CCL)

The Berenberg Bank Reiterates Hold Rating for Carnival plc (CCL)

Several other analysts have also issued reports on the company. Credit Suisse Group AG reiterated an “outperform” rating and set a GBX 5,380 ($69.11) price objective on shares of Carnival plc in a report on Thursday, February 23rd. Shore Capital reiterated a “buy” rating on shares of Carnival plc in a report on Wednesday, March 29th. Morgan Stanley increased their price objective on Carnival plc from GBX 4,100 ($52.67) to GBX 4,300 ($55.23) and gave the stock an “underweight” rating in a report on Thursday, March 2nd. Finally, Barclays PLC increased their price objective on Carnival plc from GBX 4,540 ($58.32) to GBX 5,020 ($64.48) and gave the stock an “equal weight” rating in a report on Thursday, March 30th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of GBX 4,678 ($60.09).

Carnival plc (LON:CCL)‘s stock had its “hold” rating reissued by equities research analysts at Berenberg Bank in a research report issued on Tuesday, May 23rd. They currently have a GBX 4,300 ($55.23) target price on the stock. Berenberg Bank’s price objective would suggest a potential downside of 16.16% from the company’s previous close.

Shares of Carnival plc (LON:CCL) opened at 5095.00 on Tuesday. The firm’s 50-day moving average price is GBX 4,761.23 and its 200 day moving average price is GBX 4,395.40. Carnival plc has a 52 week low of GBX 3,075.00 and a 52 week high of GBX 5,165.00. The firm’s market capitalization is GBX 36.99 billion.

In other Carnival plc news, insider Richard J. Glasier sold 3,840 shares of the firm’s stock in a transaction dated Thursday, April 13th. The stock was sold at an average price of GBX 5,830 ($74.89), for a total transaction of £223,872 ($287,568.40). About Carnival plc

Carnival plc is a leisure travel company. The Company’s segments include North America, and Europe, Australia & Asia (EAA). Its North America segment includes Carnival Cruise Line, Princess Cruises (Princess), Holland America Line and Seabourn. Its EAA segment includes Costa Cruises (Costa), AIDA Cruises (AIDA), P&O Cruises (the United Kingdom), P&O Cruises (Australia) and Cunard.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “LSE:CCL”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

Related posts

Leave a Comment