Carnival Corp (NYSE:CCL) target price raised to $60.00, issued a report today by HSBC
- Updated: October 3, 2016
Carnival Corp (NYSE:CCL) had its target price raised to $60.00 by HSBC in a report released 10/3/2016. The new target price indicates a possible upside of 0.23% based on the company's last closing price.
Previously on Thursday September 29, 2016, Deutsche Bank AG reported on Carnival Corp (NYSE:CCL) increased the target price from $0.00 to $48.00. At the time, this indicated a possible downside of -0.02%.
Yesterday Carnival Corp (NYSE:CCL) traded 1.15% higher at $48.82. The company’s 50-day moving average is $46.74 and its two hundred day average is $47.81. With the last stock price close up 3.29% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Trading volume was down over the average, with 959,611 shares of CCL changing hands under the typical 4,825,030
Recent Performance Chart
Carnival Corp has 52 week low of $40.52 and a 52 week high of $55.77 with a PE ratio of 15.35 and has a market capitalization of $0.
In addition to HSBC reporting its stock price target, a total of 16 brokerages have issued a research note on the company. The average stock price target is $60.06 with 5 brokerages rating the stock a strong buy, 8 brokerages rating the stock a buy, 10 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On Carnival Corp (NYSE:CCL)
Carnival Corporation is a leisure travel company. The Company is a cruise company and provides vacations to cruise destinations throughout the world. The Company aggregates its approximately nine global, regional and national cruise brands into North America, and Europe, Australia & Asia (EAA) segments. The North America segment includes Carnival Cruise Line, Princess Cruises (Princess), Holland America Line and Seabourn cruise brands. The EAA segment includes Costa Cruises, AIDA Cruises, P&O Cruises (UK), P&O Cruises (Australia) and Cunard cruise brands. The Company's Cruise Support segment includes its cruise port and related facilities located in Cozumel, Mexico; Grand Turk, Turks and Caicos Islands; Puerto Plata, Dominican Republic, and Roatan, Honduras. The Tour and Other segment includes Holland America Princess Alaska Tours, a tour company in Alaska and the Canadian Yukon, and approximately three cruise ships.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.