Credit Suisse Reiterates “Outperform” Rating for Carnival plc (CUK)
In other Carnival plc news, Insider 1994 B. Shares Lp Ma sold 258,318 shares of the stock on the open market in a transaction that occurred on Thursday, June 12th. The shares were sold at an average price of $40.15, for a total value of $10,371,467.70. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Carnival plc (NYSE:CUK) traded down 3.08% during mid-day trading on Tuesday, hitting $38.40. The stock had a trading volume of 575,509 shares. Carnival plc has a 1-year low of $32.33 and a 1-year high of $42.77. The stock’s 50-day moving average is $40.24 and its 200-day moving average is $39.88. The company has a market cap of $29.837 billion and a price-to-earnings ratio of 29.99.
Carnival plc (NYSE:CUK) last released its earnings data on Tuesday, June 24th. The company reported $0.10 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.02 by $0.08.
A number of other analysts have also recently weighed in on CUK. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Carnival plc in a research note on Monday. Separately, analysts at Berenberg Bank reiterated a “buy” rating on shares of Carnival plc in a research note on Monday. Finally, analysts at Jefferies Group reiterated an “underperform” rating on shares of Carnival plc in a research note on Friday. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $41.00.
Carnival plc, is a cruise company. It operates in two segments: North America and Europe, Australia & Asia (NYSE:CUK).
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.