Zacks Rating on Carnival Corporation (CCL)

Carnival Corporation (CCL) : Zacks Investment Research ranks Carnival Corporation (CCL) as 4, which is a Sell recommendation. 5 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 4 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 9 research analysts is 1.89, which indicates as a Buy.

Carnival Corporation (CCL) : 7 investment research analysts covering Carnival Corporation (CCL) have an average price target of $55.43 for the near short term. The highest target price given by the Brokerage Firm to the stock is $60 and the lowest target is $53 for the short term. Analysts expect the variance to be within $2.44 of the average price.


Shares of Carnival Corporation rose by 2.6% in the last five trading days and 3.2% for the last 4 weeks. Carnival Corporation has dropped 5.33% during the last 3-month period . Year-to-Date the stock performance stands at -11.08%. Carnival Corporation (NYSE:CCL): stock turned positive on Tuesday. Though the stock opened at $47.2, the bulls momentum made the stock top out at $47.98 level for the day. The stock recorded a low of $47.155 and closed the trading day at $47.79, in the green by 1.88%. The total traded volume for the day was 5,136,542. The stock had closed at $46.91 in the previous days trading.

Carnival Corporation is a cruise vacation company. The Company has three cruise segments that consist of North America cruise brands, Europe, Australia & Asia (EAA) cruise brands, and Cruise Support. In addition, it also has a Tour and Other segment. The Company offers its services under nine cruise brands. Its North America segment cruise brands include Carnival Cruise Lines, Holland America Line, Princess Cruises (Princess) and Seabourn. Its EAA segment cruise brands include AIDA Cruises (AIDA), Costa Cruises (Costa), Cunard, P&O Cruises (Australia) and P&O Cruises (United Kingdom). Its Cruise Support segment includes its cruise port and related facilities located in Cozumel, Mexico; Grand Turk, Turks and Caicos Islands, Roatan, Honduras and Puerto Plata, Dominican Republic. In addition to its cruise operations, it owns Holland America Princess Alaska Tours, a tour company in Alaska and the Canadian Yukon.

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