Carnival (CCL) stock was down on Tuesday after analysts updated their coverage of the cruise company following its latest earnings report.
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Getting right into it, here are the latest CCL stock analyst updates:
- Five-star UBS analyst Robin M. Farley reiterated a Buy rating and $33 price target, suggesting a 13.29% upside.
- Five-star Stifel Nicolaus analyst Steven Wieczynski maintained a Buy rating and $38 price target, representing a 30.36% upside.
- Four-star Mizuho Securities analyst Benjamin Chaiken reaffirmed a Buy rating and $37 price target, implying a 26.93% upside.
- Four-star Susquehanna analyst Christopher Stathoulopoulos maintained a Buy rating and increased his price target to $35 from $30, suggesting a 20.07% upside.
- Four-star William Blair analyst Sharon Zackfia reiterated a Buy rating with no price target.
- Four-star J.P. Morgan analyst Matthew Boss maintained a Buy rating and increased his price target to $42 from $39, representing a 44.08% upside.
- Morgan Stanley analyst Jamie Rollo reaffirmed a Hold rating and $30 price target, implying a 2.92% upside.
- Five-star Barclays analyst Brandt Montour maintained a Buy rating and $37 price target.
- Four-star Jefferies analyst David Katz reiterated a Buy rating and $34 price target, suggesting a 16.64% upside.
- Four-star Truist Financial analyst Patrick Scholes maintained a Hold rating and no price target.
- Four-star TD Cowen analyst Kevin Kopelman reaffirmed a Buy rating and increased his price target to $37 from $36.
- Four-star Bernstein analyst Richard Clarke maintained a Hold rating and $26 price target, representing a 10.81% downside.
- Bank of America analyst Andrew Didora reiterated a Buy rating and $38 price target.
- Goldman Sachs analyst Lizzie Dove maintained a Buy rating and $37 price target.
Carnival posted earnings results that were above estimates, which is reflected in the mostly positive coverage from analysts today.
Carnival Stock Movement Today
Carnival stock was down 1.02% on Tuesday but was still up 16.85% year-to-date. Investors will also note that the company’s shares have increased 63.15% over the past 12 months.
Is Carnival Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for Carnival is Moderate Buy, based on 14 Buy and five Hold ratings over the past three months. With that comes an average CCL stock price target of $35.18, representing a potential 21.06% upside for the shares.
