AllAnalyst Report
logoArgusJune 11, 2021

Carnival Corporation & plc: Raising target price to $35

Symbols
CCL
Sector(s)
Consumer Cyclical
Rating
Current Price
$22.82
Price Target
Earnings Estimate
Summary

Carnival Corp. is a global cruise and vacation company primarily serving North America, the United Kingdom, Germany, southern Europe and South America. The company's portfolio of cruise brands includes Carnival Cruise Lines, Princess Cruises, Holland America Line, P&O Cruises, Seabourn, Ocean Village, Costa, AIDA, Iberocruceros, and Cunard Line.

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Analyst Profile

John D. Staszak, CFA

Securities Analyst: Consumer Discretionary & Consumer Staples
John's specialty at Argus includes the gaming, lodging and restaurant groups within the Consumer Discretionary sector. John earned an MBA from the University of Texas and a BA in Economics from the University of Pennsylvania. In the financial services industry, he has worked as an analyst and consultant for firms including Standard & Poor's, the Bank of New York, Harris Nesbitt Gerard and Merrill Lynch. John is a CFA charterholder. Forbes magazine named John as the second-best stock picker among restaurant analysts in 2006. He was also ranked the second-best analyst covering the restaurant sector by the Wall Street Journal in 2007, a year in which a Financial Times/StarMine survey also ranked John that same way. In 2008, the Journal again listed John as an award winner, with a third-best designation among hotel industry analysts and a fifth-best designation among restaurant analysts.