Buy was Kept on Carnival (NYSE:CCL) by Stifel Nicolaus; with $78 Target.

June 27, 2018 - By Gregory Tomko

Carnival Corporation (NYSE:CCL) Corporate Logo

Big Money Sentiment decreased to 1.18 in 2018 Q1. It has change of 0.04, from 2017Q4’s 1.22. The ratio fall due to Carnival Corporation positioning: 46 sold and 219 reduced. 73 funds took stakes and 240 increased stakes. Investors holded 398.04 million in 2017Q4 but now own 394.90 million shares or 0.79% less.

Dreman Value Mgmt L L C holds 0.2% in Carnival Corporation (NYSE:CCL) or 6,614 shs. First National Trust Commerce holds 0.42% of its capital in Carnival Corporation (NYSE:CCL) for 56,133 shs. Obermeyer Wood Investment Counsel Lllp invested 1.49% of its capital in Carnival Corporation (NYSE:CCL). Kansas-based Creative Planning has invested 0.01% in Carnival Corporation (NYSE:CCL). 3,414 are owned by Provise Mngmt Group Incorporated Ltd Limited Liability Company. Boston Private Wealth Lc invested 0.49% of its capital in Carnival Corporation (NYSE:CCL). Moreover, Neuberger Berman Limited Liability has 0.13% invested in Carnival Corporation (NYSE:CCL) for 1.78 million shs. Scotia Capital Incorporated holds 0.01% of its capital in Carnival Corporation (NYSE:CCL) for 14,525 shs. 69,063 were reported by Gsa Capital Prns Llp. Moreover, Stanley has 0.12% invested in Carnival Corporation (NYSE:CCL) for 8,339 shs. Profund Advsr has invested 0.04% in Carnival Corporation (NYSE:CCL). Glenmede Company Na holds 0.03% in Carnival Corporation (NYSE:CCL) or 92,481 shs. Hills State Bank And reported 5,685 shs stake. Brown Capital Management Limited Liability owns 738,757 shs or 0.55% of their US capital. 344,178 were accumulated by Chevy Chase Tru.

Carnival Corporation registered $11.07 million net activity with 0 insider purchases and 21 sales since January 2, 2018. $731,454 worth of stock was sold by Bernstein David on Thursday, January 4. On Thursday, March 1 5,000 shs were sold by DONALD ARNOLD W, worth $332,073. Shares for $588,852 were sold by PEREZ ARNALDO. On Tuesday, January 16 Shares for $267,226 were sold by BAND SIR JONATHON. 4,234 shs valued at $288,874 were sold by GLASIER RICHARD on Monday, January 22.

Reiterated Carnival (NYSE:CCL) Rating.

On Tuesday morning a note was sent to investors and clients on Carnival (NYSE:CCL) of its Buy Rating maintained by stock analysts at Stifel Nicolaus. The MC company was given $78 target that would suggest 30.54 % upside potential from the last price.

Carnival Corporation (NYSE:CCL) Ratings Coverage

Total analysts of 11 have positions in Carnival (NYSE:CCL) as follows: 8 rated it a “Buy”, 0 with “Sell” and 3 with “Hold”. The positive are 73%. Since January 9, 2018 according to StockzIntelligence Inc Carnival has 21 analyst reports. On Thursday, January 18 the rating was maintained by Susquehanna with “Buy”. On Friday, May 25 Stifel Nicolaus maintained Carnival Corporation (NYSE:CCL) with “Buy” rating. In Tuesday, June 26 report Stifel Nicolaus maintained the stock with “Buy” rating. In Wednesday, April 11 report Stifel Nicolaus maintained it with “Buy” rating and $8100 target. On Tuesday, June 26 the stock of Carnival Corporation (NYSE:CCL) has “Hold” rating given by Deutsche Bank. In Monday, February 12 report Wells Fargo maintained it with “Outperform” rating and $80 target. On Friday, June 8 Tigress Financial maintained the shares of CCL in report with “Buy” rating. On Thursday, January 25 Credit Suisse maintained Carnival Corporation (NYSE:CCL) rating. Credit Suisse has “Outperform” rating and $79.5 target. In Sunday, March 18 report Stifel Nicolaus maintained the stock with “Buy” rating. On Friday, March 23 the rating was upgraded by Barclays Capital to “Overweight”.

The stock increased 2.07% or $1.21 during the last trading session, touching $59.75.Carnival Corporation has 6.16 million shares volume, 47.92% up from normal. CCL is uptrending and has moved 2.36% since June 27, 2017. CCL underperformed by 10.21% the S&P500.

On June, 28 WallStreet expected Carnival Corporation (NYSE:CCL)’s earnings release, Zacks reports. This year’s EPS analyst estimate is expected to be $0.60. That is 15.38 % up compareed to $0.52 EPS for last year. This could be $428.39 million profit for CCL assuming the current $0.60 EPS will become reality. After $0.52 EPS was announced previous quarter, analysts now see EPS growth of 15.38 % for Carnival Corporation.

Carnival Corporation operates as a leisure travel and cruise company.The company has $42.66 billion market cap. It offers cruises under the Carnival Cruise Line, Holland America Line, Princess Cruises, and Seabourn brands in North America; and AIDA, Costa, P&O Cruises , Cunard, and P&O Cruises (UK) brands in Europe, Australia, and Asia.The P/E ratio is 16.35. The firm operates approximately 100 cruise ships.

For more Carnival Corporation (NYSE:CCL) news published briefly go to: Seekingalpha.com, Streetinsider.com, Fool.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Will Carnival Continue To Leverage Macro Strength?” published on June 21, 2018, “Carnival Corporation (CCL) PT Lowered to $78 at Stifel” on June 26, 2018, “What Happened in the Stock Market Today” with a publish date: June 25, 2018, “Why Carnival Has Cruised Onto My Watch List” and the last “Cruise line stocks lower after Morgan Stanley warning” with publication date: June 05, 2018.

Carnival Corporation (NYSE:CCL) Institutional Investors Chart

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