Carnival plc (CCL) Given Consensus Recommendation of “Hold” by Brokerages
Carnival plc (LON:CCL) has been given an average recommendation of “Hold” by the seven research firms that are currently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is GBX 4,831.67 ($61.56).
Several research analysts have recently weighed in on the stock. HSBC Holdings plc increased their price objective on shares of Carnival plc from GBX 5,200 ($66.25) to GBX 5,600 ($71.35) and gave the stock a “neutral” rating in a report on Monday. Barclays PLC reiterated an “equal weight” rating and set a GBX 5,020 ($63.96) price objective on shares of Carnival plc in a report on Friday, June 9th. Credit Suisse Group increased their price objective on shares of Carnival plc from GBX 5,550 ($70.71) to GBX 5,770 ($73.51) and gave the stock an “outperform” rating in a report on Friday, June 2nd. Berenberg Bank reiterated a “hold” rating and set a GBX 4,300 ($54.78) price objective on shares of Carnival plc in a report on Tuesday, May 23rd. Finally, Shore Capital reiterated a “buy” rating on shares of Carnival plc in a report on Wednesday, March 29th.
Shares of Carnival plc (CCL) opened at 5220.00 on Monday. The firm’s market capitalization is GBX 37.90 billion. The firm’s 50 day moving average is GBX 4,923.59 and its 200-day moving average is GBX 4,496.78. Carnival plc has a 12 month low of GBX 3,075.00 and a 12 month high of GBX 5,300.00.
The business also recently disclosed a dividend, which was paid on Friday, June 16th. Stockholders of record on Thursday, May 25th were issued a dividend of €0.40 ($0.44) per share. This is a positive change from Carnival plc’s previous dividend of $0.35. This represents a dividend yield of 0.7%. The ex-dividend date of this dividend was Thursday, May 25th.
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 ($74.28), for a total transaction of £223,872 ($285,223.60).
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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