Carnival plc Receives “Buy” Rating from Deutsche Bank (CCL)
Carnival plc (LON:CCL)‘s stock had its “buy” rating restated by stock analysts at Deutsche Bank in a report issued on Wednesday. They currently have a GBX 2,830 ($46.96) price objective on the stock. Deutsche Bank’s target price indicates a potential upside of 24.89% from the company’s current price.
Shares of Carnival plc (LON:CCL) traded up 1.06% during mid-day trading on Wednesday, hitting GBX 2290.00. The stock had a trading volume of 615,999 shares. Carnival plc has a 52-week low of GBX 2021.9999 and a 52-week high of GBX 2615.00. The stock has a 50-day moving average of GBX 2193. and a 200-day moving average of GBX 2309.89. The company’s market cap is £17.793 billion.
A number of other analysts have also recently weighed in on CCL. Analysts at Bank of America upgraded shares of Carnival plc to a “buy” rating in a research note on Thursday, August 7th. Separately, analysts at Jefferies Group reiterated an “underperform” rating on shares of Carnival plc in a research note on Tuesday, July 8th. They now have a GBX 2,050 ($34.02) price target on the stock. Finally, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Carnival plc in a research note on Wednesday, June 25th. They now have a GBX 2,550 ($42.32) price target on the stock. Five investment analysts have rated the stock with a sell rating, three have issued a hold rating and eight have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of GBX 1,885.54 ($31.29).
Carnival plc, is a cruise company. It operates in two segments: North America and Europe, Australia & Asia (LON:CCL).
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