Carnival plc 34.6% Potential Decrease Indicated by Berenberg

Broker Ratings
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Carnival plc with EPIC/TICKER (LON:CCL) had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘SELL’ today by analysts at Berenberg. Carnival plc are listed in the Consumer Services sector within UK Main Market. Berenberg have set a target price of 800 GBX on its stock. This would imply the analyst believes there is a potential downside of -34.6% from today’s opening price of 1222.5 GBX. Over the last 30 and 90 trading days the company share price has increased 221 points and increased 472.5 points respectively. The 52 week high share price is 4064 GBX while the 52 week low for the share price is 581 GBX.

Carnival plc has a 50 day moving average of 1,115.84 GBX and a 200 Day Moving Average share price is recorded at 2,523.20. There are currently 182,572,740 shares in issue with the average daily volume traded being 4,122,395. Market capitalisation for LON:CCL is £10,248,788,915 GBP.

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