In a report released today, Brandt Montour from Barclays maintained a Buy rating on Royal Caribbean (RCL – Research Report), with a price target of $165.00. The company’s shares closed yesterday at $137.47.
According to TipRanks, Montour is a 4-star analyst with an average return of 10.1% and a 53.92% success rate. Montour covers the Consumer Cyclical sector, focusing on stocks such as Hilton Worldwide Holdings, Wyndham Hotels & Resorts, and Choice Hotels.
Currently, the analyst consensus on Royal Caribbean is a Strong Buy with an average price target of $152.58.
RCL market cap is currently $35.08B and has a P/E ratio of 22.19.
Based on the recent corporate insider activity of 65 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of RCL in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Royal Caribbean (RCL) Company Description:
Royal Caribbean Cruises Ltd. operates as a global cruise vacation company. It operates global cruise brands: Royal Caribbean International, Celebrity Cruises, Azamara and Silversea Cruises. The firm also holds interest in TUI Cruises, Pullmantur and SkySea Cruises brands. The company was founded in 1968 and is headquartered in Miami, FL.
Read More on RCL:
- RCL Earnings: Royal Caribbean Sails Past Q1 Estimates, Hikes Outlook
- ROYAL CARIBBEAN GROUP REPORTS FIRST QUARTER RESULTS AND INCREASES FULL YEAR GUIDANCE ON CONTINUED STRONG DEMAND
- Notable companies reporting before tomorrow’s open
- RCL Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Carnival Corporation Stock (NYSE:CCL): Huge Debt Pile Is a Limiting Factor
