Royal Caribbean Cruises Ltd. (NYSE:RCL – Get Rating) saw unusually large options trading activity on Monday. Traders acquired 45,925 put options on the stock. This represents an increase of 53% compared to the average volume of 29,922 put options.
Analysts Set New Price Targets
Several research analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Royal Caribbean Cruises from $50.00 to $48.00 in a research report on Friday, July 29th. Morgan Stanley cut their target price on Royal Caribbean Cruises from $54.00 to $40.00 and set an “underweight” rating for the company in a research note on Friday, July 29th. Susquehanna dropped their price objective on Royal Caribbean Cruises from $70.00 to $50.00 in a research note on Friday, July 29th. Truist Financial dropped their price objective on Royal Caribbean Cruises from $65.00 to $58.00 and set a “hold” rating for the company in a research note on Tuesday, September 20th. Finally, Barclays increased their price objective on Royal Caribbean Cruises from $55.00 to $61.00 and gave the company an “overweight” rating in a research note on Monday, September 19th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and nine have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $69.38.
Royal Caribbean Cruises Stock Up 0.1 %
Shares of RCL stock opened at $58.76 on Tuesday. Royal Caribbean Cruises has a 12 month low of $31.09 and a 12 month high of $90.55. The stock has a market cap of $14.99 billion, a P/E ratio of -4.97 and a beta of 2.40. The company has a current ratio of 0.29, a quick ratio of 0.27 and a debt-to-equity ratio of 6.05. The company has a 50 day simple moving average of $49.34 and a two-hundred day simple moving average of $45.80.
Institutional Trading of Royal Caribbean Cruises
Royal Caribbean Cruises Company Profile
Royal Caribbean Cruises Ltd. operates as a cruise company worldwide. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, Azamara, and Silversea Cruises brands, which comprise a range of itineraries that call on approximately 1,000 destinations. As of February 25, 2022, it operated 61 ships.
- Get a free copy of the StockNews.com research report on Royal Caribbean Cruises (RCL)
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