Barclays trims Royal Caribbean price target to $337
Analyst Brandt Montour maintained an Overweight rating as the firm updated cruise-sector targets ahead of third-quarter earnings.
Barclays analyst Brandt Montour reduced the firm’s price target for Royal Caribbean shares to $337 from $340 while retaining an Overweight rating on the cruise company’s stock.
The revision was part of Barclays’ broader adjustment to price targets across the cruise-line sector in a preview of third-quarter earnings. Despite the slightly lower target for Royal Caribbean, the firm outlined several factors that it believes could support improved investor sentiment in the near term.
Barclays said it anticipates modest earnings beats and increases to guidance. It also expects supply-and-demand headwinds to fade and year-over-year comparisons to become easier in 2027. According to the firm, those developments could contribute to further improvement in sentiment toward the sector.
