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Royal Caribbean Cruises (RCL) Stock Forecast & Price Target

$148.43
+2.12 (+1.45%)
(As of 05/24/2024 ET)

Royal Caribbean Cruises - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 15 Analyst Ratings

Consensus Price Target

$147.38
-0.71% Downside
High Forecast$174.00
Average Forecast$147.38
Low Forecast$103.00
TypeCurrent Forecast
5/27/23 to 5/26/24
1 Month Ago
4/27/23 to 4/26/24
3 Months Ago
2/26/23 to 2/26/24
1 Year Ago
5/27/22 to 5/27/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
13 Buy rating(s)
15 Buy rating(s)
12 Buy rating(s)
11 Buy rating(s)
Hold
2 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
4 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$147.38$138.76$130.79$84.71
Forecasted Upside-0.71% Downside18.23% Upside17.99% Upside27.12% Upside

RCL Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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RCL Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Royal Caribbean Cruises Stock vs. The Competition

TypeRoyal Caribbean CruisesConsumer Discretionary CompaniesS&P 500
Consensus Rating Score
2.87
2.56
2.49
Consensus RatingModerate BuyModerate BuyHold
Predicted Upside-0.71% Downside84.96% Upside9.92% Upside
News Sentiment RatingPositive News
Positive News
Positive News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/17/2024Wells Fargo & Company
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 Boost TargetOverweight ➝ Overweight$159.00 ➝ $165.00+15.35%
5/14/2024UBS Group
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 Boost TargetBuy ➝ Buy$154.00 ➝ $168.00+19.06%
5/2/2024Bank of America
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 Boost TargetNeutral ➝ Neutral$135.00 ➝ $145.00+6.25%
4/26/2024Mizuho
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 Boost TargetBuy ➝ Buy$164.00 ➝ $168.00+21.09%
4/26/2024Susquehanna
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 Boost TargetPositive ➝ Positive$150.00 ➝ $160.00+14.20%
4/26/2024Barclays
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 Boost TargetOverweight ➝ Overweight$154.00 ➝ $165.00+17.63%
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4/1/2024The Goldman Sachs Group
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 Reiterated RatingBuy ➝ Buy
3/15/2024Macquarie
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 Boost TargetOutperform ➝ Outperform$145.00 ➝ $160.00+23.98%
2/22/2024Stifel Nicolaus
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 Boost TargetBuy ➝ Buy$170.00 ➝ $174.00+41.58%
2/7/2024Morgan Stanley
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 Boost TargetEqual Weight ➝ Equal Weight$100.00 ➝ $115.00-4.21%
12/21/2023Argus
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 Boost TargetBuy ➝ Buy$95.00 ➝ $142.00+12.68%
12/21/2023Tigress Financial
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 Boost TargetBuy ➝ Buy$139.00 ➝ $155.00+28.30%
12/4/2023Truist Financial
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 Reiterated RatingBuy ➝ Buy$134.00+18.68%
11/21/2023Citigroup
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 Reiterated RatingBuy$127.00+21.54%
10/23/2023HSBC
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 Initiated CoverageBuy$115.00+43.68%
6/12/2023VNET Group
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 Reiterated RatingMaintains
6/12/2023JPMorgan Chase & Co.
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 Boost Target$100.00 ➝ $103.00+9.09%
5/5/2023Deutsche Bank Aktiengesellschaft
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 Boost Target$65.00 ➝ $71.00-4.67%
5/4/2023William Blair
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S. Zackfia
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Reiterated RatingOutperform
11/4/2022Credit Suisse Group
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 Lower TargetOutperform$135.00 ➝ $117.00+117.59%
7/29/2022Susquehanna Bancshares
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 Lower Target$70.00 ➝ $50.00+30.41%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 05:53 PM ET.

RCL Frequently Asked Questions

What is Royal Caribbean Cruises's stock forecast and purchase recommendation?

According to the research reports of 15 Wall Street equities research analysts, the average twelve-month stock price forecast for Royal Caribbean Cruises is $147.38, with a high forecast of $174.00 and a low forecast of $103.00. The consensus rating for Royal Caribbean Cruises stock is Moderate Buy based on the current 2 hold ratings and 13 buy ratings for RCL. Learn more on RCL's analyst rating history.

Do Wall Street analysts like Royal Caribbean Cruises more than its competitors?

Analysts like Royal Caribbean Cruises more than other "consumer discretionary" companies. The consensus rating score for Royal Caribbean Cruises is 2.87 while the average consensus rating score for "consumer discretionary" companies is 2.56. Learn more on how RCL compares to other companies.

Does Royal Caribbean Cruises's stock price have much upside?

According to analysts, Royal Caribbean Cruises's stock has a predicted upside of 18.34% based on their 12-month stock forecasts.

What analysts cover Royal Caribbean Cruises?

Royal Caribbean Cruises has been rated by research analysts at Bank of America, Barclays, Macquarie, Mizuho, Susquehanna, The Goldman Sachs Group, UBS Group, and Wells Fargo & Company in the past 90 days.


Stock Forecasts and Research Tools

This page (NYSE:RCL) was last updated on 5/26/2024 by MarketBeat.com Staff

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