Carnival plc (CCL) Given Outperform Rating at Credit Suisse Group AG
Carnival plc (LON:CCL)‘s stock had its “outperform” rating reissued by equities researchers at Credit Suisse Group AG in a research report issued to clients and investors on Friday. They presently have a GBX 4,553 ($59.43) price target on the stock. Credit Suisse Group AG’s target price suggests a potential upside of 18.78% from the stock’s current price.
A number of other analysts also recently issued reports on the stock. Barclays PLC reaffirmed an “equal weight” rating and set a GBX 4,320 ($56.39) price objective on shares of Carnival plc in a report on Monday. Berenberg Bank lifted their price objective on shares of Carnival plc from GBX 4,100 ($53.52) to GBX 4,200 ($54.82) and gave the stock a “buy” rating in a report on Wednesday, September 28th. Numis Securities Ltd reaffirmed a “hold” rating and set a GBX 3,600 ($46.99) price objective on shares of Carnival plc in a report on Tuesday, September 27th. Finally, Citigroup Inc. reaffirmed a “buy” rating on shares of Carnival plc in a report on Tuesday, June 21st. Five investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of GBX 3,992.30 ($52.11).
Shares of Carnival plc (LON:CCL) traded up 0.05% during mid-day trading on Friday, reaching GBX 3833.00. The company’s stock had a trading volume of 1,220,590 shares. The company’s 50-day moving average is GBX 3,603.36 and its 200 day moving average is GBX 3,547.22. Carnival plc has a 12 month low of GBX 2,917.00 and a 12 month high of GBX 3,955.26. The firm’s market cap is GBX 27.98 billion.
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Carnival plc Company Profile
Carnival plc is a leisure travel company. The Company’s segments include North America, and Europe, and Australia & Asia (EAA). Its North America segment includes Carnival Cruise Lines, Princess Cruises (Princess), Holland America Line and Seabourn. Its EAA segment includes Costa Cruises (Costa), AIDA Cruises (AIDA), P&O Cruises (United Kingdom), P&O Cruises (Australia) and Cunard.
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