Carnival (CCL) Raised to “Equal Weight” at Morgan Stanley
Carnival (LON:CCL) was upgraded by equities research analysts at Morgan Stanley to an “equal weight” rating in a report released on Wednesday. The firm currently has a GBX 5,100 ($68.64) target price on the stock, up from their previous target price of GBX 4,700 ($63.26). Morgan Stanley’s price target indicates a potential upside of 3.49% from the stock’s previous close.
Separately, Berenberg Bank upped their price objective on shares of Carnival from GBX 4,300 ($57.87) to GBX 5,300 ($71.33) and gave the stock a “hold” rating in a research report on Wednesday, October 11th. Five analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Carnival has a consensus rating of “Hold” and a consensus price target of GBX 5,203.33 ($70.03).
Shares of Carnival (LON:CCL) opened at GBX 4,928 ($66.33) on Wednesday. Carnival has a 52-week low of GBX 3,870 ($52.09) and a 52-week high of GBX 5,435 ($73.15).
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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