Zacks Investment Research upped the price target of Royal Caribbean Cruises Ltd (NYSE:RCL) to $123.00 indicating a possible upside of 0.11%.
Only yesterday Royal Caribbean Cruises Ltd (NYSE:RCL) traded 0.28% higher at $110.83. Royal Caribbean Cruises Ltd’s 50-day average is $120.04 and its two hundred day average is $109.23. With the last close up 8.52% from the 200-day moving average, compared to the Standard & Poor’s 500 Index which has increased 0.04% over the same period. Trade Volume was up over the average, with 1,743,920 shares of RCL changing hands over the typical 1,513,510
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Royal Caribbean Cruises Ltd has a 52 week low of $67.53 and a 52 week high of $125.00 with a PE ratio of 16.63 The company’s market cap is currently $0.
Also covering Royal Caribbean Cruises Ltd’s target, a total of 18 equity analysts have released a report on Royal Caribbean Cruises Ltd. The 12-month price target is $97.83 with ten analysts rating the company a strong buy, ten analysts rating the company a buy, 5 brokers rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
General Information About Royal Caribbean Cruises Ltd (NYSE:RCL)
Royal Caribbean Cruises Ltd. is a cruise company. The Company owns and operates three global cruise brands: Royal Caribbean International, Celebrity Cruises and Azamara Club Cruises (Global Brands). The Company also own joint venture interest in the German brand TUI Cruises, interest in the Spanish brand Pullmantur and interest in the Chinese brand SkySea Cruises (collectively, Partner Brands). Together, its Global Brands and its Partner Brands operate a combined total of 49 ships in the cruise vacation industry with an aggregate capacity of approximately 123,270 berths as of December 31, 2016. As of December 31, 2016, the Company’s ships offer a selection of itineraries that call on approximately 535 destinations in 105 countries, covering all seven continents. Royal Caribbean International offers a range of itineraries to the destinations, including Alaska, Asia, Australia, Canada, the Caribbean, the Panama Canal and New Zealand with cruise lengths that range from 2 to 24 nights.
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