.png "Royal Caribbean (NYSE: RCL)")
Deutsche Bank analyst Chris Woronka maintained a Buy rating on Royal Caribbean (RCL) yesterday and set a price target of $140. The company’s shares closed yesterday at $120.94.
According to TipRanks.com, Woronka is a 4-star analyst with an average return of 7.3% and a 64.0% success rate. Woronka covers the Financial sector, focusing on stocks such as Braemar Hotels & Resorts Inc, Hertz Global Holdings Inc, and Park Hotels & Resorts Inc.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Royal Caribbean with a $150.67 average price target, a 24.6% upside from current levels. In a report issued on April 16, Stifel Nicolaus also reiterated a Buy rating on the stock with a $157 price target.
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Royal Caribbean’s market cap is currently $25.28B and has a P/E ratio of 14.11. The company has a Price to Book ratio of 2.28.
Based on the recent corporate insider activity of 62 insiders, corporate insider sentiment is negative on the stock. Most recently, in February 2019, Thomas Pritzker, a Director at RCL bought 8,578 shares for a total of $62,276.
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 Cruises Ltd. operates as a global cruise vacation company. It owns and operates global cruise brands, namely Royal Caribbean International, Celebrity Cruises, Azamara Club Cruises and Silversea Cruises. It also holds interest in TUI Cruises, Pullmantur, and SkySea Cruises brands.
