Brokerages Set Royal Caribbean Cruises Ltd (RCL) Target Price at $140.83


Royal Caribbean Cruises Ltd (NYSE:RCL) has been assigned a consensus rating of “Buy” from the sixteen brokerages that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating and eleven have assigned a buy rating to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $140.83.

A number of brokerages have issued reports on RCL. Citigroup cut their target price on Royal Caribbean Cruises from $136.00 to $125.00 and set a “buy” rating for the company in a research note on Tuesday, October 30th. Wells Fargo & Co cut their target price on Royal Caribbean Cruises from $150.00 to $145.00 and set an “outperform” rating for the…

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