Carnival Co. & (NYSE:CCL) Given New $33.00 Price Target at Mizuho

Carnival Co. & (NYSE:CCL) had its target price increased by Mizuho from $32.00 to $33.00 in a research note released on Monday morning,Benzinga reports. They currently have an outperform rating on the stock.

Several other research firms have also commented on CCL. Sanford C. Bernstein began coverage on Carnival Co. & in a research note on Tuesday, November 26th. They issued a “market perform” rating and a $26.00 price objective for the company. Wells Fargo & Company raised their price objective on Carnival Co. & from $25.00 to $30.00 and gave the stock an “overweight” rating in a research note on Monday, December 16th. William Blair reiterated an “outperform” rating on shares of Carnival Co. & in a research note on Monday, March 10th. Truist Financial raised their target price on shares of Carnival Co. & from $29.00 to $30.00 and gave the stock a “hold” rating in a research note on Friday, January 24th. Finally, Stifel Nicolaus upped their price target on shares of Carnival Co. & from $30.00 to $31.00 and gave the stock a “buy” rating in a research report on Monday. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and fourteen have issued a buy rating to the company. According to MarketBeat, Carnival Co. & currently has an average rating of “Moderate Buy” and an average target price of $26.72.

Carnival Co. & Trading Up 2.5 %

Shares of CCL stock opened at $21.46 on Monday. The company has a current ratio of 0.29, a quick ratio of 0.25 and a debt-to-equity ratio of 2.80. Carnival Co. & has a 12-month low of $13.78 and a 12-month high of $28.72. The stock has a market capitalization of $24.98 billion, a P/E ratio of 15.44, a P/E/G ratio of 0.73 and a beta of 2.66. The firm’s 50 day moving average is $24.14 and its 200 day moving average is $23.07.

Carnival Co. & (NYSE:CCL) last released its quarterly earnings results on Friday, March 21st. The company reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.02 by $0.11. The business had revenue of $5.81 billion during the quarter, compared to the consensus estimate of $5.74 billion. Carnival Co. & had a return on equity of 24.13% and a net margin of 7.66%. The business’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.14) EPS. Research analysts expect that Carnival Co. & will post 1.77 earnings per share for the current year.

Institutional Trading of Carnival Co. &

A number of institutional investors have recently modified their holdings of the company. PKO Investment Management Joint Stock Co purchased a new stake in Carnival Co. & during the fourth quarter valued at approximately $2,243,000. Centaurus Financial Inc. purchased a new stake in shares of Carnival Co. & during the 4th quarter valued at $348,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Carnival Co. & in the 4th quarter worth $11,249,000. Jefferies Financial Group Inc. acquired a new stake in shares of Carnival Co. & in the 4th quarter worth $353,000. Finally, Advisor Resource Council purchased a new position in Carnival Co. & during the 4th quarter worth $541,000. 67.19% of the stock is currently owned by institutional investors.

Carnival Co. & Company Profile

Carnival Corp. engages in the operation of cruise ships. It operates through the following business segments: North America and Australia (NAA) Cruise, Europe and Asia (EA) Cruise Operations, Cruise Support, and Tour and Others. The North America and Australia (NAA) Cruise segment includes the Carnival Cruise Line, Holland America Line, Princess Cruises, and Seabourn.