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Carnival plc 23.2% Potential Upside Indicated by Berenberg

Carnival plc with EPIC/TICKER (LON:CCL) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Berenberg. Carnival plc are listed in the Consumer Services sector within UK Main Market. Berenberg have set a target price of 5000 GBX on its stock. This would imply the analyst believes there is now a potential upside of 23.2% from the opening price of 4060 GBX. Over the last 30 and 90 trading days the company share price has decreased 285 points and decreased 292 points respectively. The 52 week high for the stock is 5072 GBX while the year low stock price is currently 3611 GBX.

Carnival plc has a 50 day moving average of 4,307.21 GBX and a 200 day moving average of 4,543.61. There are currently 191,874,517 shares in issue with the average daily volume traded being 1,023,682. Market capitalisation for LON:CCL is £28,142,083,550 GBP.