Are Analysts Bullish Carnival Corporation (NYSE:CCL) After Last Week?

October 2, 2018 - By Richard Conner

Carnival Corporation (NYSE:CCL) LogoInvestors sentiment increased to 1.36 in 2018 Q2. Its up 0.18, from 1.18 in 2018Q1. It increased, as 60 investors sold Carnival Corporation shares while 190 reduced holdings. 81 funds opened positions while 260 raised stakes. 388.07 million shares or 1.73% less from 394.90 million shares in 2018Q1 were reported.
Old Mutual Customised Solutions (Proprietary) Ltd accumulated 9,594 shares or 0.05% of the stock. Employees Retirement Association Of Colorado invested in 63,669 shares. The United Kingdom-based Hsbc Public Ltd Co has invested 0.05% in Carnival Corporation (NYSE:CCL). Credit Suisse Ag has 0.06% invested in Carnival Corporation (NYSE:CCL). Lodestar Inv Counsel Limited Company Il holds 0.08% in Carnival Corporation (NYSE:CCL) or 12,855 shares. Sei Investments Comm reported 0.24% stake. Aqr Cap Limited Liability, a Connecticut-based fund reported 3.34M shares. Old Second Bankshares Of Aurora has invested 0% in Carnival Corporation (NYSE:CCL). Sib Limited Liability owns 2.22% invested in Carnival Corporation (NYSE:CCL) for 55,316 shares. New Jersey Better Educational Savings owns 9,000 shares. Price T Rowe Assocs Incorporated Md has 0.03% invested in Carnival Corporation (NYSE:CCL). Adage Cap Grp Incorporated Ltd reported 0.07% in Carnival Corporation (NYSE:CCL). Parkside Bank & Trust owns 0.03% invested in Carnival Corporation (NYSE:CCL) for 1,189 shares. Plante Moran Fincl Lc reported 0.01% in Carnival Corporation (NYSE:CCL). Quantres Asset Mngmt Ltd invested in 0.25% or 7,400 shares.

Since April 2, 2018, it had 0 buys, and 3 selling transactions for $1.08 million activity. $448,101 worth of stock was sold by PEREZ ARNALDO on Monday, April 16.

Carnival Corporation (NYSE:CCL) Ratings Coverage

Among 10 analysts covering Carnival Corp (NYSE:CCL), 8 have Buy rating, 0 Sell and 2 Hold. Therefore 80% are positive. Carnival Corp has $85 highest and $65 lowest target. $73.94’s average target is 16.35% above currents $63.55 stock price. Carnival Corp had 17 analyst reports since April 11, 2018 according to SRatingsIntel. The stock of Carnival Corporation (NYSE:CCL) has “Buy” rating given on Wednesday, June 27 by Berenberg. As per Wednesday, June 27, the company rating was maintained by Barclays Capital. The firm has “Buy” rating given on Friday, June 8 by Tigress Financial. The stock has “Outperform” rating by Credit Suisse on Thursday, September 13. The stock of Carnival Corporation (NYSE:CCL) earned “Buy” rating by Credit Suisse on Tuesday, June 26. Citigroup maintained Carnival Corporation (NYSE:CCL) rating on Wednesday, August 8. Citigroup has “Buy” rating and $69 target. The firm has “Outperform” rating given on Tuesday, June 26 by Wells Fargo. Deutsche Bank maintained Carnival Corporation (NYSE:CCL) on Tuesday, June 26 with “Hold” rating. Argus Research downgraded the shares of CCL in report on Friday, July 6 to “Hold” rating. Buckingham Research maintained Carnival Corporation (NYSE:CCL) rating on Friday, May 25. Buckingham Research has “Buy” rating and $83 target. Below is a list of Carnival Corporation (NYSE:CCL) latest ratings and price target changes.

28/09/2018 Broker: Buckingham Research Old Rating: Buy New Rating: Buy Old Target: $83 New Target: $85 Maintain
28/09/2018 Broker: Deutsche Bank Old Rating: Hold New Rating: Hold Old Target: $68 New Target: $65 Maintain
28/09/2018 Broker: Stifel Nicolaus Old Rating: Buy New Rating: Buy Old Target: $78 New Target: $76 Maintain
13/09/2018 Broker: Credit Suisse Old Rating: Outperform New Rating: Outperform Old Target: $76.2 New Target: $74.6 Maintain
08/08/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $79 New Target: $69 Maintain
06/07/2018 Broker: Argus Research Old Rating: Buy New Rating: Hold Downgrade
27/06/2018 Broker: Barclays Capital Old Rating: Overweight New Rating: Overweight Old Target: $77 New Target: $72 Maintain
27/06/2018 Broker: Berenberg Old Rating: Hold New Rating: Buy Upgrade
26/06/2018 Broker: Credit Suisse Rating: Buy Maintain
26/06/2018 Broker: Deutsche Bank Old Rating: Hold New Rating: Hold Old Target: $71 New Target: $68 Maintain

The stock decreased 0.34% or $0.22 during the last trading session, reaching $63.55. About 4.56M shares traded or 20.99% up from the average. Carnival Corporation (NYSE:CCL) has declined 8.29% since October 2, 2017 and is downtrending. It has underperformed by 23.91% the S&P500.

Carnival Corporation operates as a leisure travel and cruise company. The company has market cap of $44.71 billion. It offers cruises under the Carnival Cruise Line, Princess Cruises, Holland America Line, and Seabourn brands in North America; and Costa, AIDA, P&O Cruises , Cunard, and P&O Cruises (Australia) brands in Europe, Australia, and Asia. It has a 16.17 P/E ratio. The firm operates approximately 100 cruise ships.

More important recent Carnival Corporation (NYSE:CCL) news were published by: Gurufocus.com which released: “6 Stocks Trading Below Peter Lynch Value” on October 01, 2018, also Seekingalpha.com published article titled: “Carnival: Cruising Towards Greater Profits”, Seekingalpha.com published: “Premarket analyst action” on September 26, 2018. More interesting news about Carnival Corporation (NYSE:CCL) was released by: Seekingalpha.com and their article: “Carnival sized up after earnings stumble” with publication date: September 28, 2018.

Carnival Corporation (NYSE:CCL) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

>