Carnival Corporation's Trading Volume Drops 37.54% But Stock Price Rises 1.37% to Rank Highest in Cruise Industry

Generated by AI AgentAinvest Volume Radar
Wednesday, Jun 18, 2025 8:19 pm ET1min read

On June 18, 2025,

(CCL) saw a trading volume of $367 million, marking a 37.54% decrease from the previous day. Despite this, CCL's stock price rose by 1.37%.

Barclays has raised its price target for Carnival Corporation from $26.00 to $30.00 and assigned an "overweight" rating in a recent research report. This positive outlook is driven by strategic financial actions and strong consumer demand, as noted by Morgan Stanley analysts. The stock is considered fairly valued with a positive outlook.

According to 17 analysts, the average rating for

stock is "Buy." The 12-month stock price forecast is $27.00, indicating a potential increase of 14.36% from the current price. This optimistic forecast is supported by the company's strong market position as the largest global cruise operator, with a fleet of over 90 ships.

Additionally, Carnival Corporation recently priced a $1 billion private offering of 5.75% senior unsecured notes due in 2030, further bolstering its financial standing and investor confidence.

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