Will Royal Caribbean stock go back up?
Will Royal Caribbean stock go back up? Stock Price Forecast The 15 analysts offering 12-month price forecasts for Royal Caribbean Cruises Ltd have a median target of 125.00, with a high estimate of 139.00 and a low estimate of 95.00. The median estimate represents a +44.03% increase from the last price of 86.79.
Why is Royal Caribbean stock so high?
Royal Caribbean's stock has doubled this year as cruise ticket sales have risen to and above pre-COVID levels.
Is Royal Caribbean stock a good buy right now?
Royal Caribbean Cruises has received a consensus rating of Moderate Buy. The company's average rating score is 2.77, and is based on 10 buy ratings, 3 hold ratings, and no sell ratings.
What is the highest Royal Caribbean stock has been?
- The all-time high Royal Caribbean Cruises stock closing price was 133.47 on January 17, 2020.
- The Royal Caribbean Cruises 52-week high stock price is 112.95, which is 15.5% above the current share price.
Is Royal Caribbean the biggest cruise company?
It is the world's second-largest cruise line operator, after Carnival Corporation & plc. As of January 2021, Royal Caribbean Group fully owns three cruise lines: Royal Caribbean International, Celebrity Cruises, and Silversea Cruises.
What is the target price for CCL 2023?
Carnival Stock Price Forecast 2023-2024 The forecasted Carnival price at the end of 2023 is $17.88 - and the year to year change +66%. The rise from today to year-end: +17%.
What is going on with cruise stocks?
Despite pulling back from 2023 highs in July, Royal Caribbean and Carnival are still among the top performers in the S&P 500 this year. Royal Caribbean stock soared nearly 86% in 2023 while CCL stock spiked roughly 70%. Norwegian Cruise Line shares tumbled nearly 23% this quarter but are up 34% in 2023.