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Royal Caribbean (RCL) Receives a Buy from Deutsche Bank


In a report issued on January 11, Chris Woronka from Deutsche Bank maintained a Buy rating on Royal Caribbean (RCL), with a price target of $134. The company’s shares closed yesterday at $105.62.

According to TipRanks.com, Woronka is a 1-star analyst with an average return of -2.8% and a 43.0% success rate. Woronka covers the Financial sector, focusing on stocks such as Braemar Hotels & Resorts Inc, Park Hotels & Resorts Inc, and Hertz Global Holdings Inc.

Royal Caribbean has an analyst consensus of Strong Buy, with a price target consensus of $149.67.

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The company has a one-year high of $135.65 and a one-year low of $89.48. Currently, Royal Caribbean has an average volume of 1.87M.

Based on the recent corporate insider activity of 75 insiders, corporate insider sentiment is neutral on the stock.

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. is a global cruise vacation company. It owns and operates global crusie brands, namely Royal Caribbean International, Celebrity Cruises, and Azamara Club Cruises. It 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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