Tigress Financial raises its price target on Carnival Co. and (NYSE:CCL) at $28.00

Carnival Co. & (NYSE:CCL – Free Report) Its price objective was upped by Tigress Financial from $25.00 to $28.00 in a report issued on Monday morning, Benzinga reports. They currently have a buy rating on the stock.

CCL has been the subject of a number of other research reports. Argus lifted its price target on Carnival Co. & from $20.00 to $25.00 and gave the stock a buy rating in a research report on Thursday, June 27th. Hsbc Global Res upgraded shares of Carnival Co. and to a moderate sell rating in a report on Tuesday, September 3rd. Stifel Nicolaus boosted their price target on shares of Carnival Co. & from $25.00 to $27.00 and gave the stock a buy rating in a research note on Friday, September 20th. Deutsche Bank Aktiengesellschaft boosted their price target on Carnival Co. & from $18.00 to $19.00 and gave the company a hold rating in a report on Wednesday, June 26th. Finally, Morgan Stanley raised their price objective on Carnival Co. & from $15.00 to $16.50 and gave the stock an underweight rating in a report on Tuesday, October 1st. One research analyst has rated the stock with a sell rating, two have issued a hold rating and fourteen have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of Moderate Buy and an average price target of $23.53.

Read our latest research report on Carnival Co. &

Carnival Co. and stock performance

NYSE:CCL opened at $20.19 on Monday. The company has a market cap of $22.66 billion, a price-to-earnings ratio of 31.06 and a beta of 2.69. Carnival Co. & has a 1 year low of $10.84 and a 1 year high of $20.45. The stock’s 50-day simple moving average is $16.63, and its two-hundred-day simple moving average is $16.30. The company has a debt-to-equity ratio of 3.99, a current ratio of 0.28, and a quick ratio of 0.24.

Carnival Co. & (NYSE:CCL – Get Your Free Report ) last released its quarterly earnings data on Monday, September 30th. The company reported $1.27 earnings per share for the quarter, topping the consensus estimate of $1.17 by $0.10. The company had revenue of $7.90 billion for the quarter, compared to analysts’ expectations of $7.82 billion. Carnival Co. & had a return on equity of 15.22% and a net margin of 3.86%. The company’s revenue for the quarter was up 15.2% year-over-year. In the same period last year, the firm posted earnings per share of $0.86. As a group, equities analysts anticipate that Carnival Co. & will post 1.21 earnings per share for the current fiscal year.

Carnival Co. Institutional Trading. &

Institutional investors have recently modified their holdings of the stock. Empowered Funds LLC raised its stake in Carnival Co. and by 29.4% in the first quarter. Empowered Funds LLC now owns 16,467 shares of the company’s stock worth $269,000 after buying an additional 3,741 shares during the last quarter. DekaBank Deutsche Girozentrale increased its stake in Carnival Co. and by 72.6% in the first quarter. DekaBank Deutsche Girozentrale now owns 246,026 shares of the company’s stock worth $4,223,000 after buying an additional 103,501 shares in the last quarter. Cetera Advisors LLC raised its stake in Carnival Co. and by 38.3% in the first quarter. Cetera Advisors LLC now owns 40,708 shares of the company’s stock worth $665,000 after purchasing an additional 11,276 shares during the last quarter. Janus Henderson Group PLC raised its stake in Carnival Co. and by 114.8% in the first quarter. Janus Henderson Group PLC now owns 179,295 shares of the company’s stock worth $2,929,000 after buying an additional 95,828 shares in the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp lifted its stake in Carnival Co. and by 2.6% in the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 565,055 shares of the company’s stock worth $9,228,000 after purchasing an additional 14,569 shares in the last quarter. Institutional investors and hedge funds own 67.19% of the company’s shares.

About Carnival Co. &

(Get a free report)

Carnival Corporation & plc is engaged in the provision of leisure travel services in North America, Australia, Europe, Asia and internationally. The company operates through four segments: NAA Cruise Operations, Europe Cruise Operations, Cruise Support and Tour and Other. It operates port destinations, private islands and a solar park, as well as owning and operating hotels, lodges, glass-domed carriages and coaches.

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