Wed Apr 09 18:20:00 UTC 2025: **Carnival Corp. Stock Upgraded to “Buy” by StockNews.com**
NEW YORK, NY – StockNews.com upgraded Carnival Corp. (CCL) from a “hold” to a “buy” rating on Thursday, boosting the cruise line’s stock outlook. This follows a mixed bag of analyst ratings in recent weeks. While some firms, including StockNews.com, BNP Paribas, and Stifel Nicolaus, expressed bullish sentiment with “buy” or “outperform” ratings and price target increases (as high as $31), others, such as Loop Capital, maintained a more cautious stance with “hold” ratings and even lowered price targets.
Despite the varied opinions, the overall consensus rating for CCL remains a “Moderate Buy,” according to MarketBeat.com, with an average price target of $26.89. However, MarketBeat notes that some top-rated analysts are recommending other stocks over Carnival.
CCL’s stock price closed at $19.57 on Thursday, following a $0.31 decrease. Trading volume was 12,092,070 shares. The company recently reported better-than-expected quarterly earnings, exceeding estimates with $0.13 EPS and $5.81 billion in revenue.
Several institutional investors have recently adjusted their holdings in CCL, with some increasing their stakes while others initiated new positions. Institutional investors currently own 67.19% of the company’s stock. However, Carnival’s financial ratios reveal a debt-to-equity ratio of 2.80, indicating a relatively high level of debt.
Carnival Corp. operates cruise lines including Carnival Cruise Line, Holland America Line, Princess Cruises, and Seabourn across North America, Australia, Europe, and Asia.
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