Brokerage Firm Rating Update on Royal Caribbean Cruises Ltd. (RCL)

Royal Caribbean Cruises Ltd. (RCL) : 7 brokerage houses believe that Royal Caribbean Cruises Ltd. (RCL) is a Strong Buy at current levels. 1 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Royal Caribbean Cruises Ltd. (RCL). Zacks Investment Research suggests a Sell with a rank of 4.The median of all the 8 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.25.

Royal Caribbean Cruises Ltd. (RCL) stock is expected to deviate a maximum of $11.18 from the average target price of $93.17 for the short term period. 6 Street Experts have initiated coverage on the stock with the most promising target being $101 and the most muted being $71.


For the current week, the company shares have a recommendation consensus of Buy. Also, Stifel Nicolaus maintains its view on Royal Caribbean Cruises Ltd. (NYSE:RCL) according to the research report released by the firm to its investors. The shares have now been rated Buy by the stock experts at the ratings house. Stifel Nicolaus lowers the price target from $94 per share to $93 per share on Royal Caribbean Cruises Ltd.. The rating by the firm was issued on August 3, 2016.

Royal Caribbean Cruises Ltd. (NYSE:RCL): stock was range-bound between the intraday low of $66.86 and the intraday high of $68.68 after having opened at $68.41 on Wednesdays session. The stock finally closed in the red at $68.41, a loss of -3.16%. The stock remained in the red for the whole trading day. The total traded volume was 3,426,842 shares. The stock failed to cross $68.68 in Wednesdays trading. The stocks closing price on Thursday was $69.08.

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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