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Barchart
Barchart
Kritika Sarmah

Are Wall Street Analysts Bullish on Carnival Corporation Stock?

Carnival CCL

Founded in 1972 and headquartered in Miami, Florida, Carnival Corporation & plc (CCL) is a cruise company that provides leisure travel services in North America, and internationally. With a market cap of $21.8 billion, the company operates through four segments: NAA Cruise Operations, Europe Cruise Operations, Cruise Support, and Tour and Other. 

Shares of this leading cruise company have significantly outperformed the broader market over the past year. CCL has surged 23.8% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 10.6%. CCL’s stock is down 26.4%, compared to the SPX’s 5.3% decline on a YTD basis. 

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