Tigress Financial Maintains Royal Caribbean Buy Rating and $425.00 Target
The price target represents 75.1% upside from Royal Caribbean Group’s Sep. 25 closing price of $242.70.
Tigress Financial maintained its Buy rating on Royal Caribbean Group stock and kept its price target at $425.00. Based on the Sep. 25 close of $242.70, that target implies an increase of 75.1%.
The analyst note also described a proposed $3 billion investment by Royal Caribbean for a 50% stake in Sandals and Beaches Resorts. Tigress said the proposed investment would broaden Royal Caribbean’s vacation offerings and provide exposure to the all-inclusive market.
Tigress cited Royal Caribbean’s expanding fleet, upcoming Celebrity River Cruises and private destinations as elements of the company’s expansion. The firm said these additions position Royal Caribbean to capture a larger share of the growing vacation market and support its positive outlook on the stock.
The report projected that global vacation spending would increase from $2.3 trillion in 2025 to $2.8 trillion by 2029.
