Loop Capital Initiates Coverage of Carnival Corporation (LSE:0EV1) with Hold Recommendation

Fintel reports that on February 4, 2025, Loop Capital initiated coverage of Carnival Corporation (LSE:0EV1) with a Hold recommendation.

Analyst Price Forecast Suggests 9.89% Upside

As of January 28, 2025, the average one-year price target for Carnival Corporation is 29.74 GBX/share. The forecasts range from a low of 14.07 GBX to a high of 36.57 GBX. The average price target represents an increase of 9.89% from its latest reported closing price of 27.06 GBX / share.

See our leaderboard of companies with the largest price target upside.

The projected annual revenue for Carnival Corporation is 24,791MM, a decrease of 0.92%. The projected annual non-GAAP EPS is 1.20.

What is the Fund Sentiment?

There are 1,468 funds or institutions reporting positions in Carnival Corporation. This is an increase of 42 owner(s) or 2.95% in the last quarter. Average portfolio weight of all funds dedicated to 0EV1 is 0.09%, an increase of 39.31%. Total shares owned by institutions increased in the last three months by 1.99% to 792,328K shares.

What are Other Shareholders Doing?

Barrow Hanley Mewhinney & Strauss holds 36,369K shares representing 3.12% ownership of the company. In its prior filing, the firm reported owning 24,938K shares , representing an increase of 31.43%. The firm decreased its portfolio allocation in 0EV1 by 21.51% over the last quarter.

Bessemer Group holds 33,696K shares representing 2.89% ownership of the company. In its prior filing, the firm reported owning 35,467K shares , representing a decrease of 5.26%. The firm decreased its portfolio allocation in 0EV1 by 12.41% over the last quarter.

VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 30,262K shares representing 2.60% ownership of the company. In its prior filing, the firm reported owning 32,038K shares , representing a decrease of 5.87%. The firm decreased its portfolio allocation in 0EV1 by 12.42% over the last quarter.

VFINX - Vanguard 500 Index Fund Investor Shares holds 26,457K shares representing 2.27% ownership of the company. In its prior filing, the firm reported owning 25,924K shares , representing an increase of 2.01%. The firm decreased its portfolio allocation in 0EV1 by 7.29% over the last quarter.

Geode Capital Management holds 24,027K shares representing 2.06% ownership of the company. In its prior filing, the firm reported owning 23,215K shares , representing an increase of 3.38%. The firm decreased its portfolio allocation in 0EV1 by 5.79% over the last quarter.

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