Carnival Hits New 52-Week High at $42.74 (CUK)
Carnival (NYSE:CUK)’s share price reached a new 52-week high during trading hours on Monday, AR Network reports. The company traded as high as $42.74 and last traded at $42.34, with a volume of 156,268 shares traded. The stock had previously closed at $42.50.
Separately, analysts at Zacks reiterated a “neutral” rating on shares of Carnival in a research note to investors on Tuesday, October 22nd. They now have a $36.00 price target on the stock. Seven investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $38.90.
Carnival has a 1-year low of $32.33 and a 1-year high of $42.51. The stock has a 50-day moving average of $38.09 and a 200-day moving average of $37.01. The company has a market cap of $32.770 billion and a P/E ratio of 30.58.
Carnival (NYSE:CUK) last issued its quarterly earnings data on Thursday, December 19th. The company reported $0.04 earnings per share for the quarter. On average, analysts predict that Carnival will post $2.31 earnings per share for the current fiscal year.
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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