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Carnival (LON:CCL) was downgraded by investment analysts at Jefferies Group to an “underperform” rating in a note issued to investors on Tuesday, AmericanBankingNews.com reports. They currently have a GBX 2,050 ($33.63) target price on the stock, up from their previous target price of GBX 2,000 ($32.81). Jefferies Group’s price target suggests a potential downside of 18.88% from the company’s current price.

Shares of Carnival (LON:CCL) traded up 0.47% on Tuesday, hitting GBX 2549.00. 1,031,694 shares of the company’s stock traded hands. Carnival has a 1-year low of GBX 2017.00 and a 1-year high of GBX 2623.00. The stock’s 50-day moving average is GBX 2514. and its 200-day moving average is GBX 2347.. The company’s market cap is £19.780 billion.

Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank raised their price target on shares of Carnival from GBX 2,640 ($43.31) to GBX 2,830 ($46.43) in a research note on Tuesday. They now have a “buy” rating on the stock. Separately, analysts at HSBC upgraded shares of Carnival from a “neutral” rating to an “overweight” rating in a research note on Thursday, February 6th. They now have a GBX 43.50 ($0.71) price target on the stock, up previously from GBX 33 ($0.54). Finally, analysts at Numis Securities Ltd upgraded shares of Carnival to a “buy” rating in a research note on Tuesday, January 28th. They now have a GBX 3,000 ($49.22) price target on the stock, up previously from GBX 2,250 ($36.92). Five equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and seven have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 2,028.96 ($33.29).

Carnival plc is a cruise company. The Company’s cruise brand operates in two segments: North America and Europe, Australia & Asia (LON:CCL).

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