Why This Could Be a Huge Week for Carnival Stock
Investors have been excited about (NYSE: CCL) stock for a while, but the stock has been soaring for the past few weeks in anticipation of the second-quarter results. Well, that time has come. Carnival Cruise Line will report earnings this Monday.
Let's see what's whetting investors' appetites, and if Carnival can come through on expectations.
Carnival, which is the largest cruise operator in the world, and which demonstrated mostly steady growth before the pandemic, was having a hard time bouncing back from its complete shutdown at the beginning of the pandemic. But recent progress is getting investors excited.
Source Fool.com
Carnival plc Stock
The community is currently still undecided about Carnival plc with 1 Buy predictions and 0 Sell predictions.
On the other hand, the target price of 14 € is below the current price of 15.37 € for Carnival plc, so the potential is actually -8.88%.