Carnival plc (LON:CCL)‘s stock had its “hold” rating restated by Berenberg Bank in a report released on Tuesday, May 23rd. They currently have a GBX 4,300 ($54.78) price objective on the stock. Berenberg Bank’s price objective points to a potential downside of 17.15% from the stock’s previous close.
Several other analysts also recently issued reports on the company. Barclays PLC boosted their price target on Carnival plc from GBX 4,540 ($57.84) to GBX 5,020 ($63.96) and gave the company an “equal weight” rating in a research note on Thursday, March 30th. Shore Capital restated a “buy” rating on shares of Carnival plc in a research note on Wednesday, March 29th. Morgan Stanley boosted their price target on Carnival plc from GBX 4,100 ($52.24) to GBX 4,300 ($54.78) and gave the company an “underweight” rating in a research note on Thursday, March 2nd. Finally, Credit Suisse Group restated an “outperform” rating and issued a GBX 5,380 ($68.54) price target on shares of Carnival plc in a research note on Thursday, February 23rd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. The stock has an average rating of “Hold” and an average target price of GBX 4,678 ($59.60).
Shares of Carnival plc (LON CCL) traded down 0.48% during trading on Tuesday, reaching GBX 5190.00. The company’s stock had a trading volume of 588,400 shares. Carnival plc has a 52 week low of GBX 3,075.00 and a 52 week high of GBX 5,280.00. The company’s market cap is GBX 37.68 billion. The stock’s 50 day moving average price is GBX 4,923.59 and its 200 day moving average price is GBX 4,496.78.
The business also recently announced a dividend, which was paid on Friday, June 16th. Stockholders of record on Thursday, May 25th were given a dividend of €0.40 ($0.44) per share. This represents a dividend yield of 0.7%. This is an increase from Carnival plc’s previous dividend of $0.35. The ex-dividend date of this dividend was Thursday, May 25th.
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In other news, insider Richard J. Glasier sold 3,840 shares of the company’s stock in a transaction on Thursday, April 13th. The stock was sold at an average price of GBX 5,830 ($74.28), for a total transaction of £223,872 ($285,223.60).
Carnival plc Company Profile
Carnival plc is a leisure travel company. The Company’s segments include North America, and Europe, Australia & Asia (EAA). Its North America segment includes Carnival Cruise Line, Princess Cruises (Princess), Holland America Line and Seabourn. Its EAA segment includes Costa Cruises (Costa), AIDA Cruises (AIDA), P&O Cruises (the United Kingdom), P&O Cruises (Australia) and Cunard.
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