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Zacks Investment Research upgraded Royal Caribbean Cruises Ltd (NYSE:RCL) to Hold in a report released today.

Yesterday Royal Caribbean Cruises Ltd (NYSE:RCL) traded 1.41% higher at $67.86. The company’s 50-day moving average is $69.68 and its 200-day moving average is $73.65. The last stock close price is down -2.25% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 2,768,625 shares of the stock were exchanged, up from an average trading volume of 2,589,510

Zacks Investment Research has upgraded Royal Caribbean Cruises Ltd (NYSE:RCL) to Hold in a report released on Thursday September 22, 2016.

Previously on 09/09/2016, Bernstein reported about Royal Caribbean Cruises Ltd (NYSE:RCL) raised the target price from $0.00 to $90.00. At the time, this indicated a possible upside of 0.36%.

See Chart Below

Royal Caribbean Cruises Ltd (NYSE:RCL)

Royal Caribbean Cruises Ltd has a price-earnings ratio of 20.55 with a one year low of $64.21 and a one year high of $103.40 Royal Caribbean Cruises Ltd’s market capitalization is currently $0.

Also covering Royal Caribbean Cruises Ltd's price target, a total of 18 equity analysts have released a research note on the company. The average stock price target is $97.83 with 10 firms rating the stock a strong buy, 10 equity analysts rating the company a buy, five firms rating the stock a hold, zero analysts rating the company a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On Royal Caribbean Cruises Ltd (NYSE:RCL)

Royal Caribbean Cruises Ltd. is a cruise company. The Company owns various brands, such as Royal Caribbean International, Celebrity Cruises, Pullmantur, Azamara Club Cruises, CDF Croisieres de France and joint venture interest in TUI Cruises. It operates approximately 23 ships with an aggregate capacity of approximately 68,600 berths under its Royal Caribbean International brand, offering cruise itineraries that range from 2 to 24 nights. It operates over 11 ships with an aggregate capacity of approximately 24,900 berths under its Celebrity Cruises brand. It operates over two ships with an aggregate capacity of approximately 1,400 berths under its Azamara Club Cruises brand, offering cruise itineraries that range from 3 to 20 nights. It operates approximately three ships with an aggregate capacity of approximately 6,200 berths under its Pullmantur brand. It operates over two ships with an aggregate capacity of approximately 2,800 berths under its CDF Croisieres de France brand.

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