Carnival (CCL.L) 05-12-19
Will Carnival (CCL.L) shares break below the 3097p support zone, or will it return to highs of 3287p (+4%)?
- Currently trading around the 3097p support at 3146p (at time of writing).
- The support has proven robust to date. Will the pattern repeat?
- The price has tested this level repeatedly. Traders should be mindful of stop-loss placement.
- Will the share price bounce once again to recent highs of 3287p? (+4%).
- Technical traders should be mindful of news and developments. Check our website and the press for updates.
- Shares -29% from 12-month highs; +2% from 12 month lows.
Latest News
01 Oct: Barclays Capital has downgraded its rating on Carnival (CCL) to equal weight (from equal weight) and reduced the target price to 3800p (from 4330p).
30 Sep: UBS has downgraded its rating on Carnival (CCL) to neutral (from buy) and reduced the target price to 3600p (from 4700p).
02 Jul: Berenberg has downgraded its rating on Carnival (CCL) to hold (from buy) and reduced the target price to 3800p (from 4600p).
28 Jun: UBS reiterates its buy rating on Carnival (CCL) and reduced the target price to 4700p (from 5500p).
24 Jun: Barclays Capital has downgraded its rating on Carnival (CCL) to equal weight (from overweight) and reduced the target price to 4330p (from 5235p).
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires