Impact of Brokerage Rating on Royal Caribbean Cruises Ltd.(RCL)

Many Royal Caribbean Cruises Ltd.(RCL) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Royal Caribbean Cruises Ltd was Upgraded by Argus to Buy on Jan 30, 2017. Company shares were Reiterated by Wedbush on Jan 27, 2017 to Outperform, Raises Price Target to $ 106 from a previous price target of $88 .Company shares were Reiterated by Stifel on Jan 27, 2017 to Buy, Raises Price Target to $ 109 from a previous price target of $100 .Company shares were Reiterated by JP Morgan on Jan 26, 2017 to Neutral, Raises Price Target to $ 102 from a previous price target of $78 .Royal Caribbean Cruises Ltd was Downgraded by Goldman to Sell on Jan 19, 2017.

Company has reported several Insider transactions to the SEC, on Feb 13, 2017, Bradley H Stein (SVP, GC & ChiefComplianceOff) sold 5,077 shares at 96.36 per share price.On Feb 10, 2017, Lisa Lutoff-perlo (Pres & CEO, Celebrity Cruises) sold 7,948 shares at 95.42 per share price.On Feb 10, 2017, Jason T Liberty (Chief Financial Officer) sold 8,744 shares at 95.89 per share price.

Royal Caribbean Cruises Ltd Last issued its quarterly earnings results on Jan 26, 2017. The company reported $1.23 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $1.21. The company had revenue of $1909.60 million for the quarter, compared to analysts expectations of $1965.34 million. The companys revenue was up .4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.94 EPS.

Royal Caribbean Cruises Ltd. (NYSE:RCL) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 1.46 by 13 Brokerage Firm. 10 Wall Street Firms have rated the stock as a strong buys. 3 Brokerage Firms have advised hold.

Royal Caribbean Cruises Ltd. (NYSE:RCL): The stock price is expected to reach $ 101.67 in the short term. The number of analysts agreeing with this consensus is 9. The higher estimate for the short term price target is at $120 while the lower estimate is at $85. The standard deviation of the price stands at $11.31.

Royal Caribbean Cruises Ltd. (NYSE:RCL) rose 0.02% or 0.02 points on Tuesday and made its way into the gainers of the day. After trading began at $96.44 the stock was seen hitting $97.07 as a peak level and $96.22 as the lowest level. The stock ended up at $96.52. The daily volume was measured at 906,714 shares. The 52-week high of the share price is $97.07 and the 52-week low is $64.95. The company has a market cap of $20,713 million.

Royal Caribbean Cruises Ltd. is a global cruise vacation company that operates Royal Caribbean International, Celebrity Cruises, and Royal Celebrity Tours. Royal Celebrity Tours operates cruise tour vacations in Alaska utilizing the worlds largest glass-domed railcars.

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