Carnival plc (CCL) Receives Consensus Rating of “Hold” from Analysts
Carnival plc (LON:CCL) has earned an average rating of “Hold” from the seven brokerages that are covering the firm. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating on the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is GBX 4,540 ($58.62).
Several research analysts have recently commented on CCL shares. Credit Suisse Group AG reaffirmed an “outperform” rating and set a GBX 5,380 ($69.46) target price on shares of Carnival plc in a report on Thursday, February 23rd. Barclays PLC raised their target price on shares of Carnival plc from GBX 4,540 ($58.62) to GBX 5,020 ($64.82) and gave the stock an “equal weight” rating in a report on Thursday, March 30th. Shore Capital reaffirmed a “buy” rating on shares of Carnival plc in a report on Wednesday, March 29th. Finally, Morgan Stanley raised their target price on shares of Carnival plc from GBX 4,100 ($52.94) to GBX 4,300 ($55.52) and gave the stock an “underweight” rating in a report on Thursday, March 2nd.
Carnival plc (LON:CCL) opened at 4805.00 on Wednesday. The company’s market capitalization is GBX 34.88 billion. Carnival plc has a 52 week low of GBX 3,075.00 and a 52 week high of GBX 4,823.00. The company’s 50-day moving average price is GBX 4,570.80 and its 200 day moving average price is GBX 4,240.81.
The company also recently declared a dividend, which will be paid on Friday, June 16th. Investors of record on Thursday, May 25th will be given a dividend of €0.40 ($0.43) per share. This is a positive change from Carnival plc’s previous dividend of $0.35. The ex-dividend date is Thursday, May 25th. This represents a dividend yield of 0.7%.
In related news, insider Richard J. Glasier sold 3,840 shares of the stock in a transaction that occurred on Thursday, April 13th. The shares were sold at an average price of GBX 5,830 ($75.27), for a total transaction of £223,872 ($289,053.58).
About Carnival plc
Carnival plc is a leisure travel company. The Company’s segments include North America, and Europe, Australia & Asia (EAA). Its North America segment includes Carnival Cruise Line, Princess Cruises (Princess), Holland America Line and Seabourn. Its EAA segment includes Costa Cruises (Costa), AIDA Cruises (AIDA), P&O Cruises (the United Kingdom), P&O Cruises (Australia) and Cunard.
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