Is It Too Late to Buy Carnival Stock?
(NYSE: CCL)(NYSE: CUK) was a popular meme stock early in the pandemic, but now that it's back up and running, it's lost its luster in the investing community. Risk-taking investors who made money on its rebound have pocketed their gains, and Carnival stock is down 13% this year.
Is the rebound over? And is it too late to buy?
People recognize the Carnival name, but it actually owns several global cruise lines such as well-known brands Princess and Holland America. Carnival stock recently got a boost after it announced that it's sunsetting an Australian cruise line to increase guest capacity for the Carnival line.
Source Fool.com
Carnival plc Stock
€14.78
4.960%
The community is currently still undecided about Carnival plc with 2 Buy predictions and 0 Sell predictions.
On the other hand, the target price of 14 € is below the current price of 14.78 € for Carnival plc, so the potential is actually -5.25%.
