Deutsche Bank Stick to Their Hold Rating for Carnival
Investing.com
Published Sep 24, 2021 05:55PM ET
Deutsche Bank (DE:DBKGn) analyst Chris Woronka maintained a Hold rating on Carnival (NYSE:CUK) on Friday, setting a price target of $25, which is approximately 1.26% above the present share price of $24.69.
Woronka expects Carnival to post earnings per share (EPS) of -$1.83 for the third quarter of 2021.
The current consensus among 9 TipRanks analysts is for a Hold rating of shares in Carnival, with an average price target of $27.59.
The analysts price targets range from a high of $39 to a low of $18.
In its latest earnings report, released on 05/31/2021, the company reported a quarterly revenue of $49 million and a net profit of -$1.62 billion. The company's market cap is $28.59 billion.
According to TipRanks.com, Deutsche Bank analyst Chris Woronka is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 11.0% and a 51.21% success rate.
Carnival Corp. engages in the operation of cruise ships. It operates through the following business segments: North America, Europe, Australia, and Asia (EEA), Cruise Support, and Tour and Other. The North America segment includes Carnival Cruise Line, Holland America Line, Princess Cruises, and Seabourn. The Europe, Australia, and Asia (EEA) segment comprises of AIDA, Costa, Cunard, P&O Cruises (Australia), P&O Cruises (UK). The Cruise Support segment represents port destinations and private islands for the benefit of its cruise brands. The Tour and Other segment operates hotel and transportation operations of Holland America Princess Alaska Tours. The company was founded in 1972 and is headquartered in Miami, FL.
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Written By: Investing.com
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