Carnival Co. & (NYSE:CCL – Free Report) had its price target lifted by Argus from $20.00 to $25.00 in a report released on Thursday, Benzinga reports. Argus currently has a buy rating on the stock.
A number of other equities research analysts also recently commented on the company. Tigress Financial raised their target price on Carnival Co. & from $23.00 to $25.00 and gave the company a buy rating in a report on Wednesday, April 3rd. Barclays upped their target price on shares of Carnival Co. & from $24.00 to $25.00 and gave the stock an overweight rating in a research report on Thursday, March 28th. JPMorgan Chase & Co. lifted their price target on shares of Carnival Co. & from $22.00 to $23.00 and gave the company an overweight rating in a research report on Thursday, March 28th. Wells Fargo & Company boosted their price target on Carnival Co. & from $22.00 to $23.00 and gave the stock an overweight rating in a research note on Friday, May 17th. Finally, The Goldman Sachs Group assumed coverage on Carnival Co. & in a research note on Wednesday, March 13th. They set a buy rating and a $20.00 price target on the stock. One research analyst has rated the stock with a sell rating, three have issued a hold rating and sixteen have issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of Moderate Buy and a consensus target price of $21.83.
Carnival Co. & Trading Up 0.6 %
Carnival Co. & (NYSE:CCL – Get Free Report) last announced its quarterly earnings data on Tuesday, June 25th. The company reported $0.11 EPS for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.12. The firm had revenue of $5.78 billion during the quarter, compared to the consensus estimate of $5.68 billion. Carnival Co. & had a net margin of 3.86% and a return on equity of 15.22%. The firm’s revenue was up 17.7% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.31) earnings per share. Analysts forecast that Carnival Co. & will post 1.19 earnings per share for the current year.
Institutional Trading of Carnival Co. &
Institutional investors and hedge funds have recently made changes to their positions in the company. Richardson Capital Management LLC acquired a new stake in shares of Carnival Co. & during the 1st quarter worth $26,000. Friedenthal Financial acquired a new stake in shares of Carnival Co. & during the 4th quarter worth $28,000. ICA Group Wealth Management LLC acquired a new stake in shares of Carnival Co. & during the 4th quarter worth $31,000. BNP Paribas acquired a new stake in shares of Carnival Co. & during the 1st quarter worth $32,000. Finally, Massmutual Trust Co. FSB ADV increased its holdings in shares of Carnival Co. & by 67.2% during the 4th quarter. Massmutual Trust Co. FSB ADV now owns 1,838 shares of the company’s stock worth $34,000 after buying an additional 739 shares during the last quarter. 67.19% of the stock is currently owned by institutional investors and hedge funds.
Carnival Co. & Company Profile
Carnival Corporation & plc engages in the provision of leisure travel services in North America, Australia, Europe, Asia, and internationally. The company operates through four segments: NAA Cruise Operations, Europe Cruise Operations, Cruise Support, and Tour and Other. It operates port destinations, private islands, and a solar park, as well as owns and operates hotels, lodges, glass-domed railcars, and motor coaches.
Read More
- Five stocks we like better than Carnival Co. &
- 3 Natural Gas Stocks That Offer Great Dividend Yields
- Upwork Stock’s Outlook: Numbers Solid Despite Gen-AI Challenges
- What is a buyback in stocks? A comprehensive guide for investors
- What’s Behind Walgreens Stock Plunge: What Investors Can Do Next
- What Investors Need to Know to Beat the Market
- MarketBeat Week in Review – 6/24 – 6/28
Receive News & Ratings for Carnival Co. & Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carnival Co. & and related companies with MarketBeat.com's FREE daily email newsletter.