Barclays maintains Buy rating on Royal Caribbean shares
Brandt Montour’s report set a $337.00 price target, while the analyst consensus was described as a Strong Buy.
Barclays analyst Brandt Montour maintained a Buy rating on Royal Caribbean in a report released that day. Montour assigned the cruise company’s shares a price target of $337.00.
According to the report, Royal Caribbean shares closed the previous Tuesday at $288.78. The report also characterized the current analyst consensus on Royal Caribbean as a Strong Buy. It listed an average price target of $354.59 and said that figure represented upside of 26.7%.
Bank of America Securities separately initiated coverage of Royal Caribbean stock with a Buy rating, according to a report issued on September 28. The firm established a price target of $330.00 for the shares. The Barclays report and the Bank of America Securities report therefore each carried a Buy rating, while their respective stated price targets were $337.00 and $330.00.
