.png "Royal Caribbean (NYSE: RCL)")
Nomura analyst Harry Curtis maintained a Buy rating on Royal Caribbean (RCL) today and set a price target of $150.00. The company’s shares closed last Monday at $121.59.
According to TipRanks.com, Curtis is a 5-star analyst with an average return of 12.4% and a 65.9% success rate. Curtis covers the Services sector, focusing on stocks such as Melco Resorts & Entertainment, Marriott International, and Norwegian Cruise Line.
Currently, the analyst consensus on Royal Caribbean is a Strong Buy with an average price target of $140.57.
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Royal Caribbean’s market cap is currently $25.49B and has a P/E ratio of 13.30. The company has a Price to Book ratio of 2.13.
Based on the recent corporate insider activity of 72 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of RCL in relation to earlier this year. Last month, Lawrence Pimentel, the Pres&CEO, Azamara Club Cruises of RCL sold 10,928 shares for a total of $1,311,360.
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.
