Carnival Corporation – Consensus Indicates Potential 11.6% Upside

Broker Ratings
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Carnival Corporation with ticker code (CCL) have now 16 market analysts covering the stock. The analyst consensus now points to a rating of ‘Hold’. The target price High/Low ranges between 18 and 6.8 calculating the average target price we see $10.81. Now with the previous closing price of $9.69 and the analysts are correct then we can expect a percentage increase in value of 11.6%. Also worth taking note is the 50 day moving average now sits at $10.59 while the 200 day moving average is $9.80. The total market capitalization for the company now stands at $12,008m. Find out more information at: https://www.carnivalcorp.com

The potential market cap would be $13,396m based on the market concensus.

Carnival Corporation & plc engages in the provision of leisure travel services. The company operates a fleet of more than 90 ships visit approximately 700 ports under AIDA Cruises, Carnival Cruise Line, Costa Cruises, Cunard, Holland America Line, Princess Cruises, P&O Cruises (Australia), P&O Cruises (UK), and Seabourn brand names. It also provides port destinations and other services, as well as owns and owns and operates hotels, lodges, glass-domed railcars, and motorcoaches. The company sells its cruises primarily through travel agents, tour operators, vacation planners, and websites. It operates in the United States, Canada, Continental Europe, the United Kingdom, Australia, New Zealand, Asia, and internationally. Carnival Corporation & plc was founded in 1972 and is headquartered in Miami, Florida.

The company is not paying dividends at this time.

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