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Carnival Corporation (NYSE:CCL) stock price target increased to $55.00, issued a report today by Buckingham Research

In a report released on 9/27/2016 Buckingham Research increased the stock price target of Carnival Corporation (NYSE:CCL) from $53.00 to $55.00 indicating a possible upside of 0.14%.

Yesterday Carnival Corporation (NYSE:CCL) traded 4.24% higher at $48.45. CCL’s 50-day average is $46.41 and its two hundred day average is $47.79. With the last stock price close up 1.36% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 4,267,651 shares of the stock were exchanged, down from an average trading volume of 5,073,110

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Carnival Corporation (NYSE:CCL)

Carnival Corporation has a price-earnings ratio of 16.69 with a one year low of $40.52 and a one year high of $55.77 Carnival Corporation’s market capitalization is currently $0.

Also covering Carnival Corporation's price target, a total of 16 brokerages have issued a ratings update on Carnival Corporation. The 12-month price target is $60.06 with five brokerages rating the company a strong buy, 8 firms rating the stock a buy, 10 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally zero equity analysts rating the company a sell.

More About Carnival Corporation (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.

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