Royal Caribbean (RCL) Receives a Buy from Stifel Nicolaus


Stifel Nicolaus analyst Steven Wieczynski reiterated a Buy rating on Royal Caribbean (NYSE: RCL) yesterday and set a price target of $147. The company’s shares closed yesterday at $114.35.

According to TipRanks.com, Wieczynski is a 5-star analyst with an average return of 19.8% and a 70.4% success rate. Wieczynski covers the Services sector, focusing on stocks such as Norwegian Cruise Line, Penn National Gaming, and Red Rock Resorts Inc.

Currently, the analyst consensus on Royal Caribbean is a Strong Buy with an average price target of $146.

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Royal Caribbean’s market cap is currently $24.21B and has a P/E ratio of 15.13. The company has a Price to Book ratio of 2.27.

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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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