Patrick Scholes analyst at Truist Financial reiterates coverage on Royal Caribbean (RCL) stock in the Consumer Cyclical sector with a Buy rating. TipRanks.com has Scholes rated as a 3.7 star analyst with a 51% return on investment and a 3.8% success rate. Scholes has set a price target of $137.
TipRanks.com reports that Royal Caribbean stock currently has 5 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target for RCL's stock is $122.80. The target pricing ranges from a high forecast of $98 down to a low forecast of $110. Royal Caribbean (RCL)’s stock last closing price was $98.32 which would put the average price target at 26.67% upside.
In addition, TradingView issued a neutral rating for RCL's stock over the next month, Barchart.com has a buy rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on RCL stock.
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This article was pulled from consumerstockmovers.com as they are an authority in the Consumer Stock Sector. ConsumerStockMovers.com (CSM) is a no cost internet site and email newsletter built for investors who are interested in consumer discretionary stocks, consumer cyclical stocks, and consumer staples stocks.
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