Carnival Reaches New 12-Month Low at $32.79 (CUK)
Carnival (NYSE:CUK)’s share price reached a new 52-week low during trading on Tuesday, ARN reports. The stock traded as low as $32.79 and last traded at $32.79, with a volume of 38,194 shares traded. The stock had previously closed at $33.11.
Separately, analysts at Zacks upgraded shares of Carnival from an “underperform” rating to a “neutral” rating in a research note to investors on Monday, July 29th. They now have a $41.00 price target on the stock. Nine research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $39.36.
Carnival has a one year low of $32.91 and a one year high of $41.80. The stock has a 50-day moving average of $36.92 and a 200-day moving average of $36.17. The company has a market cap of $25.360 billion and a P/E ratio of 23.33.
Carnival plc is a cruise and vacation company. The Company has a portfolio of cruise brands and is a provider of cruises to all vacation destinations.
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