Carnival (NYSE:CCL) Price Target Cut to $36.00 by Analysts at Barclays

Carnival (NYSE:CCL) had its price target decreased by Barclays from $37.00 to $36.00 in a report published on Tuesday morning,Benzinga reports. Barclays currently has an overweight rating on the stock.

Several other equities research analysts have also recently commented on CCL. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Carnival from $33.00 to $34.00 and gave the stock a “hold” rating in a research report on Monday, December 22nd. Wall Street Zen upgraded Carnival from a “hold” rating to a “buy” rating in a report on Saturday, January 31st. Wolfe Research reaffirmed an “outperform” rating on shares of Carnival in a research report on Friday, December 19th. Truist Financial upped their target price on Carnival from $31.00 to $34.00 and gave the stock a “hold” rating in a report on Thursday, January 22nd. Finally, Susquehanna reduced their price target on Carnival from $40.00 to $30.00 and set a “positive” rating for the company in a research report on Monday. Twenty analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Carnival currently has a consensus rating of “Moderate Buy” and a consensus price target of $34.00.

Carnival Stock Performance

Shares of CCL opened at $25.45 on Tuesday. Carnival has a 12 month low of $15.07 and a 12 month high of $34.03. The firm has a fifty day simple moving average of $29.22 and a 200 day simple moving average of $28.95. The stock has a market capitalization of $31.53 billion, a price-to-earnings ratio of 12.72, a PEG ratio of 0.98 and a beta of 2.42. The company has a current ratio of 0.32, a quick ratio of 0.28 and a debt-to-equity ratio of 1.96.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Auto Owners Insurance Co lifted its stake in Carnival by 2,954.0% in the 4th quarter. Auto Owners Insurance Co now owns 19,851,000 shares of the company’s stock valued at $60,625,000 after purchasing an additional 19,201,000 shares during the last quarter. Viking Global Investors LP bought a new stake in Carnival in the fourth quarter valued at approximately $429,448,000. Holocene Advisors LP raised its stake in Carnival by 184.3% in the second quarter. Holocene Advisors LP now owns 10,289,947 shares of the company’s stock valued at $289,353,000 after buying an additional 6,669,935 shares during the period. Pacer Advisors Inc. lifted its position in shares of Carnival by 2,432.8% in the fourth quarter. Pacer Advisors Inc. now owns 6,689,954 shares of the company’s stock valued at $204,311,000 after buying an additional 6,425,822 shares during the last quarter. Finally, Wellington Management Group LLP boosted its stake in shares of Carnival by 99.6% during the 3rd quarter. Wellington Management Group LLP now owns 12,159,619 shares of the company’s stock worth $351,535,000 after acquiring an additional 6,066,336 shares during the period. 67.19% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Carnival

Here are the key news stories impacting Carnival this week:

• Positive Sentiment: Market risk sentiment improved after signs of de‑escalation in the Middle East and a drop in crude prices, which reduces near‑term fuel cost worries for fuel‑sensitive cruise operators — a key reason the stock has rallied recently. Read More.
• Positive Sentiment: Near‑term momentum ahead of Carnival’s Q1 report: analysts and commentators note strong bookings and pricing trends even as fuel and regional mix remain questions — this has supported buying into the name ahead of the print. Read More.
• Neutral Sentiment: Brand and itinerary updates (Princess South America season; Cunard fashion partnership) help marketing and long‑term demand positioning but are unlikely to move near‑term earnings materially. Read More. · Read More.
• Neutral Sentiment: Carnival is moving to simplify its dual‑listed capital structure by voluntarily delisting certain debt listings — a corporate governance/capital‑markets cleanup that may reduce complexity for fixed‑income investors but has limited immediate EPS impact. Read More.
• Negative Sentiment: Several analysts trimmed price targets recently (Truist, Barclays, Susquehanna among others), reflecting lingering margin risk from fuel and cost pressures — analyst downgrades or lower targets can cap upside ahead of clearer guidance. Read More.
• Negative Sentiment: Disclosure of insider sales and large, mixed hedge‑fund rebalancing highlighted by data services can spook investors; notable insider sales were flagged in recent reporting. Such flows can add volatility into the earnings window. Read More.

Carnival Company Profile

Carnival Corporation (NYSE: CCL) is a global cruise operator that provides leisure travel services through a portfolio of passenger cruise brands. The company’s core business is operating cruise ships that offer multi-night voyages and associated vacation services, including onboard accommodations, dining, entertainment, spa and wellness offerings, casinos, youth programs, and organized shore excursions. Carnival markets cruise vacations to a broad range of consumers, from value-focused travelers to premium and luxury segments, through differentiated brand positioning and onboard experiences.

Its operating structure comprises multiple well-known cruise brands that target distinct geographic and demographic markets.