Susquehanna Reiterates Their Buy Rating on Royal Caribbean (RCL)


In a report issued on August 3, Rachael Rothman from Susquehanna reiterated a Buy rating on Royal Caribbean (NYSE: RCL), with a price target of $145. The company’s shares closed on Friday at $112.42.

According to TipRanks.com, Rothman is a 4-star analyst with an average return of 7.5% and a 53.1% success rate. Rothman covers the Services sector, focusing on stocks such as Marriott International, Pinnacle Entertainment, and Norwegian Cruise Line.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Royal Caribbean with a $145.50 average price target, a 29.4% upside from current levels. In a report issued on July 24, Stifel Nicolaus also maintained a Buy rating on the stock with a $150 price target.

.

See today’s analyst top recommended stocks >>

The company has a one-year high of $135.65 and a one-year low of $101.20. Currently, Royal Caribbean has an average volume of 1.98M.

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.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts