In a report released today, Patrick Scholes from Truist Financial maintained a Buy rating on Royal Caribbean (RCL – Research Report). The company’s shares closed yesterday at $137.47.
According to TipRanks, Scholes is a 5-star analyst with an average return of 8.6% and a 56.07% success rate. Scholes covers the Consumer Cyclical sector, focusing on stocks such as Hilton Worldwide Holdings, Choice Hotels, and Royal Caribbean.
Royal Caribbean has an analyst consensus of Strong Buy, with a price target consensus of $154.36, representing a 12.29% upside. In a report released today, Mizuho Securities also maintained a Buy rating on the stock with a $168.00 price target.
The company has a one-year high of $141.70 and a one-year low of $59.37. Currently, Royal Caribbean has an average volume of 2.87M.
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.
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