Carnival Likely To Report Narrower Q1 Loss - Here's A Look At Recent Price Target Changes By The Wall Street's Most Accurate Analysts

Carnival Corporation CCL is expected to report earnings results for its first quarter before the opening bell on Monday, March 27, 2023.

Analysts expect the company to post quarterly loss at $0.6 per share, compared to a year-ago loss of $1.66 per share. The company’s revenue might come in at $4.33 billion.

Carnival shares gained 2.6% to close at $9.22 on Thursday, and lost 0.5% in today’s pre-market trading session.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• Citigroup analyst James Hardiman maintained a Neutral rating and raised the price target from $9 to $13 on Jan. 31, 2023. This analyst sees around 41% upside in the company’s stock and has an accuracy rate of 72%.
• UBS analyst Robin Farley maintained a Buy rating and cut the price target from $16 to $12 on Jan. 9, 2023. This analyst sees around 30% upside in the company’s stock and has an accuracy rate of 78%.
• Credit Suisse analyst Benjamin Chaiken maintained an Outperform rating and cut the price target from $19 to $16 on Dec. 22, 2022. This analyst sees around 74% upside in the company’s stock and has an accuracy rate of 67%.
• Barclays analyst Brandt Montour maintained an Overweight rating and boosted the price target from $10 to $12 on Dec. 15, 2022. This analyst sees around 30% upside in the company’s stock and has an accuracy rate of 65%.
• Deutsche Bank analyst Chris Woronka maintained a Hold rating and slashed the price target from $14 to $10 on Oct. 7, 2022. This analyst sees around 8% upside in the company’s stock and has an accuracy rate of 63%.

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