fbpx
QQQ
+ 2.03
333.05
+ 0.61%
DIA
+ 2.82
332.25
+ 0.84%
SPY
+ 3.01
405.47
+ 0.74%
TLT
-0.50
138.51
-0.36%
GLD
-1.23
165.72
-0.75%

Will Carnival Stock Reach $30 By 2022?

December 21, 2020 7:45 am
Share to Linkedin Share to Twitter Share to Facebook Share to Print License More
Will Carnival Stock Reach $30 By 2022?

Every week, Benzinga conducts a sentiment survey to find out what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios.

We surveyed a group of over 300 investors on whether shares of Carnival (NYSE:CCL) will reach $30 by 2022. 

Carnival Stock Forecast

Carnival is the largest global cruise company and is set to deploy 87 ships on the seas once cruising fully resumes after the pandemic. 

The company’s portfolio of North American brands includes Carnival Cruise Lines, Holland America, Princess Cruises, and Seabourn. According to the company, Carnival attracted 13 million guests in 2019 and a total of 16 new ships are scheduled to be delivered across Carnival Corporation’s brands through 2025.

See Also: Top 10 Blue Chip Stocks

Shares of Carnival trade around $21.46 as of publishing, off the 52-week low of $7.80. Overall, 73% of Benzinga traders and investors told us Carnival will reach $30 per share by 2022.

Our study revealed investors are confident the global distribution of a vaccine will ultimately lead to normal travel activity throughout 2021. Respondents also noted shares of Carnival’s stock have risen in recent weeks when optimistic coronavirus vaccine test results and distribution were revealed by Pfizer (NYSE:PFE) and Moderna (NYSE:MRNA).

This survey was conducted by Benzinga in December 2020 and included the responses of a diverse population of adults 18 or older.

Opting into the survey was completely voluntary, with no incentives offered to potential respondents. The study reflects results from over 300 adults.


Related Articles

3 Cruise Stocks Have Been In An Uptrend All Year And Might Be Ready To Break Out

Carnival Corp. read more

5 Stocks That Could Make A Comeback In A Reopening Economy

Since the COVID-19 pandemic began and public health restrictions curtailed activities such as going out to eat or drink, traveling and entertainment, investor interest in those segments has waned.   Here are five stocks that have the potential to move when the economy opens back up: read more

Will Carnival, Royal Caribbean Or Norwegian Stock Grow The Most By 2022?

Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios. This week we posed the following question related to cruise line stocks: Over the next year, which cruise line stock will have the largest percentage gain? read more

2 Travel Stocks To Watch That Reached New Highs In 2020 (And No, They Aren't Airline Or Cruise Stocks)

While some may consider these consumer discretionaries as “epicenter stocks,” it’s safe to say that there’s a much more specific focus on travel stocks as a whole of late. read more