Carnival Corporation – Consensus Indicates Potential -6.8% Downside

Broker Ratings
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Carnival Corporation found using ticker (CCL) now have 16 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 18 and 6.8 with a mean TP of 10.81. With the stocks previous close at 11.6 this now indicates there is a potential downside of -6.8%. The day 50 moving average is 9.94 and the 200 moving average now moves to 10.07. The company has a market cap of $14,673m. Company Website: https://www.carnivalcorp.com

The potential market cap would be $13,673m 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.

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