Royal Caribbean Group (RCL) shares have recently traded at $72.04, exceeding the average 12-month analyst target price of $71.20. Analysts now face the decision to either downgrade the stock’s valuation or raise their target prices based on the company’s future performance.
Among 10 analysts covering RCL, target prices vary significantly, with estimates ranging from $24.00 to $90.00 and a standard deviation of $19.75. The current analyst ratings breakdown shows 5 strong buy ratings, 1 buy rating, 5 hold ratings, and no sell recommendations, resulting in an average rating of 2.0, which indicates a favorable outlook for the stock.
