September 27, 2024
Royal Caribbean Gr (NYSE:RCL) has garnered the attention of 14 analysts in the last three months, yielding a mixed bag of perspectives - some optimistic, while others leaned towards more conservative views. In an attempt to grasp the shifting sentiments, the table below presents an overview of analyst ratings for the past 90 days, coupled with comparisons of preceding periods to enable a comprehensive analysis.
Analysts' Sentiments
From outright bullish to overtly bearish views, the chart highlights the evolving stances of analysts, reflecting their reactions to prevailing market conditions. In the past 30 days, the trend reveals new perspectives, and when juxtaposed with the past three months, an interesting picture emerges. A total of five new ratings were raised, with two instances of analysts shifting their stance to somewhat bearish.
Rating | Last 30D | 1M Ago | 2M Ago | 3M Ago |
---|---|---|---|---|
Bullish | 1 | 0 | 0 | 0 |
Somewhat Bullish | 0 | 0 | 0 | 0 |
Indifferent | 0 | 0 | 2 | 0 |
Somewhat Bearish | 0 | 0 | 1 | 0 |
Bearish | 0 | 0 | 0 | 0 |
Average 12-Month Price Target: An Uptick in Expectations
Analysts have collectively set an average 12-month price target of $191.79, accompanied by a high estimate of $213.00 and a low estimate of $154.00. Notably, this average price target signals a significant escalation of 13.73% in comparison to the preceding average of $168.64. This upward adjustment suggests that analysts, as a whole, have confidence in Royal Caribbean Gr's growth prospects.
Recent Analyst Actions: A Point of Insight
In recent weeks, financial experts have made their stances clear by updating their ratings and price targets. Below is a gist of notable actions taken by influential analysts, including upgrades and estimates for the said period.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Patrick Scholes | Truist Securities | Raises | Buy | $204.00 | $175.00 |
Matthew Boss | JP Morgan | Raises | Overweight | $213.00 | $210.00 |
Jamie Rollo | Morgan Stanley | Raises | Equal-Weight | $154.00 | $140.00 |
Ivan Feinseth | Tigress Financial | Raises | Buy | $210.00 | $155.00 |
Robin Farley | UBS | Raises | Buy | $183.00 | $168.00 |
Paul Golding | Macquarie | Raises | Outperform | $189.00 | $165.00 |
Christopher Stathoulopoulos | Susquehanna | Raises | Positive | $180.00 | $160.00 |
Ben Chaiken | Mizuho | Raises | Outperform | $195.00 | $168.00 |
Brandt Montour | Barclays | Raises | Overweight | $195.00 | $185.00 |
Matthew Boss | JP Morgan | Raises | Overweight | $210.00 | $175.00 |
Andrew Didora | B of A Securities | Raises | Neutral | $172.00 | $145.00 |
Steven Wieczynski | Stifel | Raises | Buy | $200.00 | $180.00 |
Lizzie Dove | Goldman Sachs | Raises | Buy | $195.00 | $170.00 |
Brandt Montour | Barclays | Raises | Overweight | $185.00 | $165.00 |
The analyst community at large appears confident in Royal Caribbean Gr's ability to achieve optimal growth. Whether through rating upgrades or price target shifts, analysts have reassessed their perspectives on the company, highlighting a broad consensus that Royal Caribbean Gr will show notable growth in the coming months.
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