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 $71 in the short term. The company is covered by 9 Wall Street Brokerage Firms. The average price target for shares are $95.67 with an expected fluctuation of $13.3 from the mean.
For the current week, the company shares have a recommendation consensus of Buy. Royal Caribbean Cruises Ltd. (NYSE:RCL): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $70.20 and $70.11 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $71.58. The buying momentum continued till the end and the stock did not give up its gains. It closed at $71.04, notching a gain of 1.69% for the day. The total traded volume was 2,290,472 . The stock had closed at $69.86 on the previous day.
In a related news, Lutoff-Perlo Lisa, officer (Pres & CEO, Celebrity Cruises) of Royal Caribbean Cruises Ltd, unloaded 6,790 shares at an average price of $74.46 on August 5, 2016. The total amount of the transaction was worth $505,583, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
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.