Confidence in Carnival Corporation (NYSE:CCL) Shares by Credit Suisse Fall.

September 17, 2017 - By Vivian Park

 Confidence in Carnival Corporation (NYSE:CCL) Shares by Credit Suisse Fall.

Investors sentiment increased to 1.12 in 2016 Q4. Its up 0.22, from 0.9 in 2016Q3. It is positive, as 45 investors sold Carnival Corp shares while 198 reduced holdings. 87 funds opened positions while 185 raised stakes. 421.71 million shares or 0.50% more from 419.60 million shares in 2016Q3 were reported.

Canada Pension Plan Investment Board has 0.57% invested in Carnival Corp (NYSE:CCL). Cornercap Counsel Incorporated stated it has 101,905 shares. Arizona State Retirement invested 0.1% in Carnival Corp (NYSE:CCL). Moreover, Stellar Limited Liability Corporation has 1.38% invested in Carnival Corp (NYSE:CCL). Mirae Asset Global Commerce reported 0.01% stake. Blair William & Communications Il reported 4,142 shares stake. Putnam Ltd Company, a Massachusetts-based fund reported 8,817 shares. Bessemer Grp has invested 0% in Carnival Corp (NYSE:CCL). Lsv Asset Management owns 30,400 shares. South Dakota Inv Council holds 44,900 shares. Whittier Tru invested in 145 shares. Fdx Advsrs accumulated 0.18% or 119,084 shares. Janney Montgomery Scott Ltd Llc holds 32,554 shares. 15,526 are owned by Bnp Paribas Inv Prtn. Trexquant Investment Lp has invested 0.04% in Carnival Corp (NYSE:CCL).

Since April 28, 2017, it had 0 buys, and 1 sale for $1.22 million activity. Shares for $1.22 million were sold by PARKER SIR JOHN on Friday, April 28.

Carnival Corporation (NYSE:CCL) Receives a Downgrade

Credit Suisse cut shares of Carnival Corporation (NYSE:CCL) stock from a “Outperform” rating to a “Neutral” rating in analysts note sent to clients and investors on Friday, 15 September.

Investors sentiment increased to 1.12 in 2016 Q4. Its up 0.22, from 0.9 in 2016Q3. It is positive, as 45 investors sold Carnival Corp shares while 198 reduced holdings. 87 funds opened positions while 185 raised stakes. 421.71 million shares or 0.50% more from 419.60 million shares in 2016Q3 were reported.

Canada Pension Plan Investment Board has 0.57% invested in Carnival Corp (NYSE:CCL). Cornercap Counsel Incorporated stated it has 101,905 shares. Arizona State Retirement invested 0.1% in Carnival Corp (NYSE:CCL). Moreover, Stellar Limited Liability Corporation has 1.38% invested in Carnival Corp (NYSE:CCL). Mirae Asset Global Commerce reported 0.01% stake. Blair William & Communications Il reported 4,142 shares stake. Putnam Ltd Company, a Massachusetts-based fund reported 8,817 shares. Bessemer Grp has invested 0% in Carnival Corp (NYSE:CCL). Lsv Asset Management owns 30,400 shares. South Dakota Inv Council holds 44,900 shares. Whittier Tru invested in 145 shares. Fdx Advsrs accumulated 0.18% or 119,084 shares. Janney Montgomery Scott Ltd Llc holds 32,554 shares. 15,526 are owned by Bnp Paribas Inv Prtn. Trexquant Investment Lp has invested 0.04% in Carnival Corp (NYSE:CCL).

Since April 28, 2017, it had 0 buys, and 1 sale for $1.22 million activity. Shares for $1.22 million were sold by PARKER SIR JOHN on Friday, April 28.

Carnival Corp (NYSE:CCL) Ratings Coverage

Among 26 analysts covering Carnival Corporation (NYSE:CCL), 16 have Buy rating, 1 Sell and 9 Hold. Therefore 62% are positive. Carnival Corporation has $76.0 highest and $48 lowest target. $61.15’s average target is -7.26% below currents $65.94 stock price. Carnival Corporation had 54 analyst reports since August 6, 2015 according to SRatingsIntel. The company was initiated on Thursday, September 29 by Deutsche Bank. William Blair maintained the stock with “Buy” rating in Thursday, June 8 report. The stock of Carnival Corp (NYSE:CCL) has “Buy” rating given on Thursday, September 24 by Deutsche Bank. The firm has “Buy” rating given on Monday, February 27 by Argus Research. The rating was downgraded by Berenberg to “Hold” on Monday, December 19. Stifel Nicolaus maintained Carnival Corp (NYSE:CCL) rating on Thursday, August 10. Stifel Nicolaus has “Buy” rating and $7400 target. The stock of Carnival Corp (NYSE:CCL) earned “Outperform” rating by William Blair on Tuesday, March 21. Wedbush maintained it with “Neutral” rating and $61 target in Wednesday, March 29 report. On Tuesday, October 4 the stock rating was initiated by Macquarie Research with “Neutral”. The firm earned “Buy” rating on Wednesday, November 4 by Buckingham Research.

The stock decreased 4.07% or $2.8 on September 15, reaching $65.94. About 10.39 million shares traded or 211.08% up from the average. Carnival Corp (NYSE:CCL) has risen 24.12% since September 17, 2016 and is uptrending. It has outperformed by 7.42% the S&P500.

Analysts await Carnival Corp (NYSE:CCL) to report earnings on September, 25. They expect $2.20 EPS, up 14.58 % or $0.28 from last year’s $1.92 per share. CCL’s profit will be $1.58B for 7.49 P/E if the $2.20 EPS becomes a reality. After $0.52 actual EPS reported by Carnival Corp for the previous quarter, Wall Street now forecasts 323.08 % EPS growth.

Carnival Corporation is a leisure travel company. The company has market cap of $47.39 billion. The Firm is a cruise firm of global cruise guests, and a well-known provider of vacations to all cruise destinations throughout the world. It has a 17.5 P/E ratio. The Firm operates in four divisions: North America, EAA, Cruise Support and, Tour and Other.

More recent Carnival Corp (NYSE:CCL) news were published by: Benzinga.com which released: “Choppy Waters Ahead For Carnival Corp?” on September 15, 2017. Also Prnewswire.com published the news titled: “Carnival Corporation & plc Announces Exchange Rate For Quarterly Dividend” on September 05, 2017. Benzinga.com‘s news article titled: “Jim Cramer Shares His Thoughts On United Technologies And Carnival Corp” with publication date: September 12, 2017 was also an interesting one.

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