Royal Caribbean Cruises (RCL) Stock Forecast & Price Target

$120.47

+0.98 (+0.82%)

(As of 12/8/2023 ET)

Today's Range: $118.85
▼
$120.58
50-Day Range: $80.03
▼
$120.49
52-Week Range: $47.91
▼
$120.58

Volume: 2.65 million shs
Average Volume: 2.64 million shs
Market Capitalization: $30.87 billion

P/E Ratio: 37.65
Dividend Yield: N/A
Price Target: $111.93

Royal Caribbean Cruises Consensus Analyst Rating 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.

Analysts' Consensus Rating

Moderate Buy
Based on 14 Analyst Ratings

Analysts' Consensus Price Target

$111.93
-7.09% Downside

High Forecast	$139.00
Average Forecast	$111.93
Low Forecast	$71.00

Type	Current Forecast 12/9/22 to 12/9/23	1 Month Ago 11/9/22 to 11/9/23	3 Months Ago 9/10/22 to 9/10/23	1 Year Ago 12/9/21 to 12/9/22
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	11 Buy rating(s)	10 Buy rating(s)	10 Buy rating(s)	9 Buy rating(s)
Hold	3 Hold rating(s)	3 Hold rating(s)	4 Hold rating(s)	3 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	2 Sell rating(s)
Consensus Price Target	$111.93	$111.00	$109.92	$68.07
Predicted Upside	-7.09% Downside	30.30% Upside	27.08% Upside	24.13% Upside

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RCL Analyst Ratings 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.

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.

Royal Caribbean Cruises Stock vs. The Competition

Type	Royal Caribbean Cruises	Consumer Discretionary Companies	S&P 500
Consensus Rating Score	2.79	2.59	2.49
Consensus Rating	Moderate Buy	Moderate Buy	Hold
Predicted Upside	-7.11% Downside	112.13% Upside	3,819.08% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Recent Analyst Ratings and Stock Forecasts

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
12/4/2023	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$134.00	+18.68%
11/21/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy	$127.00	+21.54%
10/31/2023	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Positive ➝ Positive	$127.00 ➝ $120.00	+42.15%
10/30/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$95.00 ➝ $100.00	+17.98%
10/23/2023	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$115.00	+43.68%
10/9/2023	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$127.00 ➝ $123.00	+35.34%
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10/9/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight ➝ Overweight	$132.00 ➝ $127.00	+39.74%
9/15/2023	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy ➝ Buy	$135.00 ➝ $130.00	+30.30%
8/15/2023	Tigress Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$102.00 ➝ $139.00	+34.29%
6/12/2023	VNET Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Maintains
6/12/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$82.00 ➝ $95.00	+0.61%
6/12/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$100.00 ➝ $103.00	+9.09%
5/31/2023	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$88.00 ➝ $92.00	+14.63%
5/5/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$65.00 ➝ $71.00	-4.67%
5/4/2023	William Blair Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Zackfia Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform
2/23/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$82.00 ➝ $91.00	+26.90%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 08:29 AM ET.

RCL Price Target - Frequently Asked Questions

What is Royal Caribbean Cruises's consensus rating and price target?: According to the issued ratings of 14 analysts in the last year, the consensus rating for Royal Caribbean Cruises stock is Moderate Buy based on the current 3 hold ratings and 11 buy ratings for RCL. The average twelve-month price prediction for Royal Caribbean Cruises is $111.93 with a high price target of $139.00 and a low price target of $71.00. 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 2.79 while the average consensus rating score for consumer discretionary companies is 2.56. Learn more on how RCL compares to other companies.
Is Royal Caribbean Cruises being upgraded by Wall Street analysts?: Over the previous 90 days, Royal Caribbean Cruises's stock had 1 upgrade by analysts.

Does Royal Caribbean Cruises's stock price have much upside?: According to analysts, Royal Caribbean Cruises's stock has a predicted upside of 27.37% based on their 12-month stock forecasts.
What analysts cover Royal Caribbean Cruises?: Royal Caribbean Cruises has been rated by Barclays, Citigroup, HSBC, Morgan Stanley, Stifel Nicolaus, Susquehanna, Truist Financial, and Wells Fargo & Company in the past 90 days.

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This page (NYSE:RCL) was last updated on 12/9/2023 by MarketBeat.com Staff

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