Stifel Maintains Buy Rating for Royal Caribbean Gr: Here's What You Need To Know

Stifel has decided to maintain its Buy rating of Royal Caribbean Gr RCL and lower its price target from $135.00 to $130.00.

Shares of Royal Caribbean Gr are trading down 1.4% over the last 24 hours, at $98.37 per share.

A move to $130.00 would account for a 32.15% increase from the current share price.

About Royal Caribbean Gr

Royal Caribbean is the world's second-largest cruise company, operating 64 ships across five global and partner brands in the cruise vacation industry, with 10 more ships on order through 2026. Brands the company operates include Royal Caribbean International, Celebrity Cruises, and Silversea. The company also has a 50% investment in a joint venture that operates TUI Cruises and Hapag-Lloyd Cruises, allowing it to compete on the basis of innovation, quality of ships and service, variety of itineraries, choice of destinations, and price. The company completed the divestiture of its Azamara brand in the first quarter of 2021.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.