Carnival Co. & plc (NYSE:CCL) Given Consensus Recommendation of “Hold” by Analysts

Carnival Co. & plc (NYSE:CCLGet Rating) has earned a consensus recommendation of “Hold” from the eighteen analysts that are currently covering the company, MarketBeat Ratings reports. Five research analysts have rated the stock with a sell rating, seven have issued a hold rating and six have issued a buy rating on the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $12.68.

CCL has been the subject of a number of recent research reports. Tigress Financial reissued a “buy” rating and set a $13.00 price target on shares of Carnival Co. & in a research report on Thursday, October 27th. Credit Suisse Group decreased their target price on shares of Carnival Co. & from $29.00 to $22.00 and set an “outperform” rating for the company in a report on Monday, October 3rd. Morgan Stanley decreased their target price on shares of Carnival Co. & from $7.00 to $6.00 and set an “underweight” rating for the company in a report on Tuesday, October 4th. UBS Group lifted their target price on shares of Carnival Co. & from $8.00 to $16.00 and gave the stock a “buy” rating in a report on Monday, November 14th. Finally, Barclays decreased their target price on shares of Carnival Co. & from $14.00 to $10.00 and set an “overweight” rating for the company in a report on Monday, October 3rd.

Carnival Co. & Trading Up 2.7 %

Shares of NYSE CCL opened at $9.73 on Friday. Carnival Co. & has a 1 year low of $6.11 and a 1 year high of $23.86. The stock has a market cap of $10.83 billion, a P/E ratio of -1.56 and a beta of 2.12. The firm has a 50-day moving average of $8.76 and a 200 day moving average of $10.01. The company has a debt-to-equity ratio of 3.40, a current ratio of 0.65 and a quick ratio of 0.62.

Institutional Trading of Carnival Co. &

A number of large investors have recently made changes to their positions in the stock. Lincoln National Corp grew its stake in shares of Carnival Co. & by 3.8% in the first quarter. Lincoln National Corp now owns 18,551 shares of the company’s stock worth $375,000 after acquiring an additional 684 shares during the period. Nwam LLC grew its position in Carnival Co. & by 7.3% during the first quarter. Nwam LLC now owns 11,056 shares of the company’s stock valued at $224,000 after buying an additional 751 shares during the period. Lido Advisors LLC grew its position in Carnival Co. & by 0.4% during the first quarter. Lido Advisors LLC now owns 189,260 shares of the company’s stock valued at $3,826,000 after buying an additional 803 shares during the period. CIBC Asset Management Inc grew its position in Carnival Co. & by 1.1% during the first quarter. CIBC Asset Management Inc now owns 83,868 shares of the company’s stock valued at $1,696,000 after buying an additional 885 shares during the period. Finally, Evoke Wealth LLC grew its position in Carnival Co. & by 62.8% during the first quarter. Evoke Wealth LLC now owns 2,430 shares of the company’s stock valued at $49,000 after buying an additional 937 shares during the period. 50.56% of the stock is currently owned by institutional investors.

Carnival Co. & Company Profile

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Carnival Corporation & plc operates as a leisure travel company. Its ships visit approximately 700 ports under the Carnival Cruise Line, Princess Cruises, Holland America Line, P&O Cruises (Australia), Seabourn, Costa Cruises, AIDA Cruises, P&O Cruises (UK), and Cunard brand names. The company also provides port destinations and other services, as well as owns and owns and operates hotels, lodges, glass-domed railcars, and motor coaches.

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Analyst Recommendations for Carnival Co. & (NYSE:CCL)

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