Professional
Added to YB: 2024-11-28
Pitch date: 2024-11-26
RCL [bullish]
Royal Caribbean Cruises Ltd.
+15.25%
current return
Author Info
No bio for this author
Company Info
Royal Caribbean Cruises Ltd. operates as a cruise company worldwide. The company operates cruises under the Royal Caribbean International, Celebrity Cruises, and Silversea Cruises brands, which comprise a range of itineraries.
Market Cap
$85.2B
Pitch Price
$239.22
Price Target
290.00 (+5%)
Dividend
1.90%
EV/EBITDA
14.62
P/E
20.15
EV/Sales
5.95
Sector
Hotels, Restaurants and Leisure
Category
growth
Bernstein’s Positive Outlook for Royal Caribbean: $290 Price Target and Outperform Rating
RCL: Bernstein initiates Outperform, $290 PT. Best cruise sector play with clear strategy: modest capacity/yield growth, cost discipline. New ships & exclusive destinations to drive yield growth above industry. Long-term cruise industry outlook favorable.
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