Morgan Stanley Reaffirms Their Hold Rating on Carnival (CCL)
In a report released today, Jamie Rollo from Morgan Stanley maintained a Hold rating on Carnival, with a price target of p2,450.00.
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According to TipRanks, Rollo is an analyst with an average return of -0.1% and a 52.15% success rate. Rollo covers the Consumer Cyclical sector, focusing on stocks such as Compass, Carnival, and Whitbread.
Carnival has an analyst consensus of Moderate Buy, with a price target consensus of p2,599.61.
Based on Carnival’s latest earnings release for the quarter ending August 31, the company reported a quarterly revenue of p8.15 billion and a net profit of p1.85 billion. In comparison, last year the company earned a revenue of p7.9 billion and had a net profit of p1.74 billion
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