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Royal Caribbean Cruises given new $44.00 price target at Nomura (RCL)

royal_caribbean_destinations_bannerRoyal Caribbean Cruises (NYSE:RCL) had its price target increased by Nomura from $41.00 to $44.00 in a research report sent to investors on Friday (26) morning, AnalystRatingsNetwork reports. The firm currently has a buy rating on the stock.

Nomura has also updated their ratings on a number of other consumer discretionary stocks in the last week. The firm reiterated its buy rating on shares of Wynn Resorts Ltd.. Also, Nomura reiterated its neutral rating on shares of Penn National Gaming Inc.. They have a $53.00 price target on that stock, down previously from $60.00.

Royal Caribbean Cruises (NYSE: RCL) traded up 1.83% on Friday, hitting $37.35. Royal Caribbean Cruises has a 1-year low of $24.16 and a 1-year high of $38.62. The stock’s 50-day moving average is currently $34.64. The company has a market cap of $8.202 billion and a price-to-earnings ratio of 107.25.

Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank raised their price target on shares of Royal Caribbean Cruises from $41.00 to $45.00 in a research note to investors on Friday. They now have a buy rating on the stock. Separately, analysts at Zacks reiterated a neutral rating on shares of Royal Caribbean Cruises in a research note to investors on Friday. They now have a $38.00 price target on the stock. Finally, analysts at Danske upgraded shares of Royal Caribbean Cruises from a hold rating to a buy rating in a research note to investors on Friday.

One research analyst has rated the stock with a sell rating, nine have given a hold rating and ten have issued a buy rating to the company. Royal Caribbean Cruises presently has an average rating of Hold and an average target price of $40.21.

Royal Caribbean Cruises Ltd. (NYSE: RCL) is a cruise company.

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