Shares of Carnival Plc ADS ADS (NYSE:CUK) traded at a new 52-week high today of $26.45. So far today approximately 735,000 shares have been exchanged, as compared to an average 30-day volume of 1.4 million shares.
Carnival Plc ADS ADS (NYSE:CUK) defies analysts with a current price ($26.35) 15.7% above its average consensus price target of $22.22.
Carnival is the largest global cruise company, set to deploy 88 ships on the seas once cruising fully resumes after the pandemic. Its portfolio of brands includes Carnival Cruise Lines, Holland America, Princess Cruises, and Seabourn in North America; P&O Cruises and Cunard Line in the United Kingdom; Aida in Germany; Costa Cruises in Southern Europe; and P&O Cruises in Australia. Carnival also owns Holland America Princess Alaska Tours in Alaska and the Canadian Yukon. Carnival’s brands attracted about 13 million guests in 2019, prior to COVID-19.
Over the past year, Carnival Plc ADS ADS has traded in a range of $10.38 to $26.45 and is now at $26.35, 154% above that low.
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