Carnival plc (LON:CCL) had its price target increased by Credit Suisse Group from GBX 5,550 ($70.71) to GBX 5,770 ($73.51) in a research note published on Friday, June 2nd. The brokerage currently has an outperform rating on the stock.
Other research analysts also recently issued reports about the company. Barclays PLC increased their price objective 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 reissued a buy rating on shares of Carnival plc in a research note on Wednesday, March 29th. Berenberg Bank reissued a hold rating and issued a GBX 4,300 ($54.78) price objective on shares of Carnival plc in a research note on Tuesday, May 23rd. Finally, Morgan Stanley increased their price objective 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. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company. The company has a consensus rating of Hold and an average price target of GBX 4,678 ($59.60).
Shares of Carnival plc (LON CCL) opened at 5190.00 on Friday. The stock’s market cap is GBX 37.68 billion. The stock has a 50 day moving average of GBX 4,923.59 and a 200-day moving average of GBX 4,496.78. Carnival plc has a 52 week low of GBX 3,075.00 and a 52 week high of GBX 5,280.00.
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The business also recently announced a dividend, which was paid on Friday, June 16th. Shareholders of record on Thursday, May 25th were paid a €0.40 ($0.44) dividend. The ex-dividend date was Thursday, May 25th. This is an increase from Carnival plc’s previous dividend of $0.35. This represents a dividend yield of 0.7%.
In related news, insider Richard J. Glasier sold 3,840 shares of the firm’s stock in a transaction dated 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).
About Carnival plc
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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