When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about Carnival (CCL) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Carnival currently has an average brokerage recommendation (ABR) ...

SOUTHAMPTON, England, Feb. 7, 2024 /PRNewswire/ -- Cunard has reported that during January 2024, it has booked more guests than any equivalent period in the last decade.Across the period, the luxury cruise brand booked a record number of guests, up by 25% versus the previous high of the last 10 years, with demand up for both sailings in year and future years. Demand is particularly strong for Cunard sailings across Europe Cunard President Katie McAlister said: "As we prepare to navigate what is set to ...

FORT LAUDERDALE, Fla., Feb. 6, 2024 /PRNewswire/ -- Princess Cruises, the #1 cruise line in Alaska, announced today that it achieved an all-time high in Alaska bookings for the month of January, surpassing any previous January in the cruise brand's history by more than 20%. Princess Cruises Sets New Record for Alaska Bookings in January, with Over 20% Surge Compared to Prior Years "With its jaw-dropping landscapes, unspoiled natural beauty and incredible wildlife, Alaska is so much more than a once-in-a ...

World's largest cruise company reaffirms progress toward achieving its 2030 goal four years early in 2026 MIAMI, Feb. 6, 2024 /PRNewswire/ -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), the world's largest cruise company, today announced it is on pace to achieve an overall 18% reduction in greenhouse gas (GHG) emission intensity on a lower berth capacity basis in 2024 (compared to 2019) – just a few points shy of its 20% reduction goal originally targeted for 2030. By year end, the company expec ...

Chosen for its innovative thinking and robust brand and talent relationships, Allied Global Marketing will develop the organization's partnership efforts BOSTON, Feb. 5, 2024 /PRNewswire/ -- Allied Global Marketing, a full-service marketing agency working with the world's largest entertainment, culture and lifestyle brands, has been selected by Holland America Line as its agency of record for partnerships. Allied will partner with top brands to maximize its extensive relationships to bring Holland America L ...

VALENCIA, Calif., Feb. 5, 2024 /PRNewswire/ -- Cunard's spiritual home* is to host the spectacular Naming Ceremony for its newest ship Queen Anne.The event will take place on the world-famous Mersey waterfront at Liverpool on Monday, June 3 during a celebratory "lap of honor" voyage around the British Isles. Queen Anne will be named at Liverpool on June 3, 2024 Cunard's hosts** for the momentous spectacle will be none other than Busted musician, Matt Willis, and his TV presenter wife, Emma Willis. The ...

Cruise liners took a severe beating during the outburst of the coronavirus that led to travel curbs. However, things have begun to look hunky-dory for cruise lines post-pandemic as travel restrictions were lifted. The cruise liners took advantage of the pent-up demand and booked profits in recent times.Consumers have started to open up their wallets for leisure and recreational activities, which led to record bookings for cruise liners. Consumers are confident about their well-being as steady economic growt ...

Carnival (CCL) closed the last trading session at $16.58, gaining 1.4% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $21.47 indicates a 29.5% upside potential.The average comprises 16 short-term price targets ranging from a low of $13.50 to a high of $25, with a standard deviation of $3.05. While the lowest estimate indicates a decline of 18.6% from the current price level, the m ...

Longer Collectors' Voyages combine a 14-day cruise Down Under with a South Pacific Legendary Voyage to create an extended vacation up to 50 days SEATTLE, Jan. 31, 2024 /PRNewswire/ -- For guests dreaming of a cruise vacation to the Land Down Under, Holland America Line's Australia and New Zealand season sailing from November 2025 to March 2026 is now open for booking. From vibrant capital cities to captivating scenery, Holland America Line's cruises to Australia and New Zealand are a tapestry of diverse lan ...

Carnival (CCL) closed at $16.47 in the latest trading session, marking a -0.48% move from the prior day. This change lagged the S&P 500's 0.06% loss on the day. Elsewhere, the Dow gained 0.35%, while the tech-heavy Nasdaq lost 0.76%.The cruise operator's stock has dropped by 10.73% in the past month, falling short of the Consumer Discretionary sector's gain of 2.59% and the S&P 500's gain of 3.36%.Analysts and investors alike will be keeping a close eye on the performance of Carnival in its upcoming earning ...