Media coverage about Carnival (LON:CCL) has trended very negative recently, InfoTrie Sentiment reports. InfoTrie identifies positive and negative media coverage by monitoring more than 6,000 blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Carnival earned a news sentiment score of -3.20 on their scale. InfoTrie also assigned media coverage about the company an news buzz score of 0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock’s share price in the next few days.
These are some of the headlines that may have effected Carnival’s analysis:
CCL has been the subject of a number of recent research reports. Barclays decreased their target price on shares of Carnival from GBX 4,040 ($49.72) to GBX 1,310 ($16.12) and set an “equal weight” rating on the stock in a research note on Monday, June 22nd. Berenberg Bank downgraded shares of Carnival to a “sell” rating and decreased their target price for the stock from GBX 1,180 ($14.52) to GBX 800 ($9.84) in a research note on Thursday, June 18th. HSBC raised shares of Carnival to a “buy” rating and decreased their target price for the stock from GBX 3,500 ($43.07) to GBX 1,280 ($15.75) in a research note on Monday, May 11th. UBS Group decreased their target price on shares of Carnival from GBX 2,400 ($29.53) to GBX 1,000 ($12.31) and set a “neutral” rating on the stock in a research note on Tuesday, April 21st. Finally, Morgan Stanley reaffirmed an “underweight” rating on shares of Carnival in a research note on Wednesday, June 3rd. Two analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company’s stock. Carnival currently has a consensus rating of “Hold” and a consensus price target of GBX 1,097.50 ($13.51).
Carnival stock traded up GBX 42 ($0.52) during mid-day trading on Friday, reaching GBX 986 ($12.13). The stock had a trading volume of 2,827,997 shares, compared to its average volume of 778,140. The company has a market capitalization of $1.72 billion and a price-to-earnings ratio of 3.62. The company has a 50-day moving average price of GBX 1,135.83 and a two-hundred day moving average price of GBX 1,889.13. Carnival has a one year low of GBX 581 ($7.15) and a one year high of GBX 3,864 ($47.55). The company has a debt-to-equity ratio of 59.42, a current ratio of 0.27 and a quick ratio of 0.18.
Carnival plc operates as a leisure travel company in North America, Australia, Europe, and Asia. It operates in four segments: North America and Australia Cruise Operations, Europe and Asia Cruise Operations, Cruise Support, and Tour and Other. The company operates cruises under the Carnival Cruise Line, Princess Cruises, Holland America Line, P&O Cruises (Australia), Seabourn, Costa, AIDA, P&O Cruises (UK), and Cunard brand names.
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