Carnival (CCL.L) 11-02-20
Will Carnival (CCL.L) break below the 3050p support, or bounce to highs at 3712p (+20%)?
- Currently trading around the 3050p support at 3071p (at time of writing).
- Will the shares rally to recent highs of 3712p? (+20%).
- Shares -29% from 12-month highs; +0% from 12 month lows.
Latest News
17 Jan: Berenberg reiterates its sell rating on Carnival (CCL) and increased the target price to 3200p (from 3100p).
30 Dec: Barclays Capital reiterates its equal weight rating on Carnival (CCL) and increased the target price to 4040p (from 3800p).
20 Dec: Carnival, the cruise line operator, announced a decline in Q4 earnings, although adjusted profits and sales beat expectations. The company’s management anticipates a potential increase in earnings this year.
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).
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires