Analyst Rating Update on Royal Caribbean Cruises Ltd. (RCL)

Royal Caribbean Cruises Ltd. (RCL) has an average broker rating of 1.4, which is interpreted as a Strong Buy, as rated by 10 equity analysts. Nonetheless, 8 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 2 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 4, which is also a Sell.

Royal Caribbean Cruises Ltd. (RCL) : The most positive equity analysts on Royal Caribbean Cruises Ltd. (RCL) expects the shares to touch $119, whereas, the least positive believes that the stock will trade at $80 in the short term. The company is covered by 9 Wall Street Brokerage Firms. The average price target for shares are $97.56 with an expected fluctuation of $11.68 from the mean.

For the current week, the company shares have a recommendation consensus of Buy. Also, Stifel Nicolaus maintains their rating on the shares of Royal Caribbean Cruises Ltd. (NYSE:RCL). The current rating of the shares is Buy. Equity Analysts at the Firm lowers the price target to $94 per share from $99 per share. The rating by the firm was issued on July 28, 2016.


Royal Caribbean Cruises Ltd. (NYSE:RCL): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $67.08 and $67.05 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $69.67. The buying momentum continued till the end and the stock did not give up its gains. It closed at $68.77, notching a gain of 2.11% for the day. The total traded volume was 3,191,265 . The stock had closed at $67.35 on the previous day.

Royal Caribbean Cruises Ltd. (Royal Caribbean) is a cruise company. The Company owns various brands, such as Royal Caribbean International, Celebrity Cruises, Pullmantur, Azamara Club Cruises, CDF Croisieres de France and a 50% joint venture interest in TUI Cruises. Together, these six brands operate a combined 43 ships in the cruise vacation industry with an aggregate capacity of approximately 105,750 berths. The Companys ships operate on a selection of itineraries that call on approximately 480 destinations on all seven continents. Royal Caribbean International offers a variety of itineraries, including Alaska, Asia, Australia, Bahamas, Bermuda, Canada, the Caribbean, Europe, the Panama Canal, South America and New Zealand. Celebrity Cruises offers a variety of itineraries, including Alaska, Asia, Australia, Bermuda, Canada, the Caribbean, Europe, Hawaii, New Zealand, the Panama Canal and South America.

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