Barclays Capital Reiterates “Overweight” Rating for Royal Caribbean Cruises (RCL)
By Trevor Kearing Daily Political
Barclays Capital reaffirmed their overweight rating on shares of Royal Caribbean Cruises (NYSE: RCL) in a report issued on Monday, AnalystRatingsNetwork.com reports. They currently have a $40.00 target price on the stock.
Royal Caribbean Cruises (NYSE: RCL) opened at 33.96 on Monday. Royal Caribbean Cruises has a 52-week low of $22.45 and a 52-week high of $38.62. The stock’s 50-day moving average is currently $34.7. The company has a market cap of $7.451 billion and a price-to-earnings ratio of 155.78.
Several other analysts have also recently commented on the stock. Analysts at Zacks reiterated a neutral rating on shares of Royal Caribbean Cruises in a research note to investors on Thursday, June 6th. They now have a $35.00 price target on the stock. Separately, analysts at Argus raised their price target on shares of Royal Caribbean Cruises from $40.00 to $44.00 in a research note to investors on Wednesday, May 15th. They now have a buy rating on the stock. Finally, analysts at Jefferies Group raised their price target on shares of Royal Caribbean Cruises from $37.00 to $42.00 in a research note to investors on Thursday, May 9th. They now have a buy rating on the stock.
One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and nine have given a buy rating to the company. The stock has a consensus rating of Hold and an average target price of $39.38.
Royal Caribbean Cruises Ltd. (NYSE: RCL) is a cruise company.
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CruiseTrends(TM) Reports for first half of 2013
DETROIT, MI–(Marketwired – Jul 2, 2013) – CruiseCompete has released its CruiseTrends™ and Cruise Index™reports for the month of July 2013. The entire first half of 2013 cruise data is available here:
http://www.cruisecompete.com/cruise_trends.php
We have mined our wealth of data to give you what’s hot among consumers, including the top ships, lines and travel dates for premium, luxury, and river cruising.
The CruiseCompete Cruise Index™ for July 2013 was 149, the same as June 2013, and three points higher than July 2012. Regional pricing indices saw an increase in all regions except the Caribbean.
The CruiseCompete Cruise Index ™ is calculated based on the average daily per-passenger (double occupancy) cost for the lowest-priced oceanview cabin category on a seven-night cruise on the six largest North American cruise lines. See details and indices by region and Monthly Historical Cruise Prices.
Most Popular Cruise Lines
(Based on the total number of quote requests for each cruise line in the given month)
1. Premium/Contemporary: Carnival Cruises
2. Luxury: Oceania Cruises
3. River: Viking River Cruises
In second place is Royal Caribbean International for premium/contemporary, Cunard Line for luxury and Avalon Waterways for river. More…
Most Popular Cruise Ships
(Based on the total number of quote requests for each ship)
1. Premium/Contemporary: Enchantment of the Seas (changed from Oasis of the Seas last month)
2. Luxury: Queen Mary 2
3. River: Viking Spirit (changed from MS AmaCello last month)
Next in popularity are Oasis of the Seas for premium/contemporary, Oceania Marina for luxury and the Ms AmaDagio for river. More…
Most Popular Cruise Regions
(Based on the total number of quote requests for each region)
1. Premium/Contemporary: Caribbean
2. Luxury: Europe
3. River: Europe
Next in popularity are North America for premium/contemporary, Mediterranean for luxury and Asia/Far East for river. More…
Most Popular Cruise Departure Ports
(Based on the total number of quote requests for each departure port)
1. Premium/Contemporary: Fort Lauderdale, Fla.
2. Luxury: New York, NY (changed from Southampton, U.K. last month)
3. River: Amsterdam, Netherlands
Next in popularity are Port Canaveral, Fla. for premium/contemporary, Southampton, UK. for luxury and Paris, France for river. More…
Most Popular Cruise Ports Visited
(Based on the total number of quote requests for each port visited during cruise itineraries, excluding departure ports)
1. Premium/Contemporary: Nassau, Bahamas
2. Luxury: Sorrento, Italy (changed from Kusadasi, Turkey last month)
3. River: Cologne, Germany
Next in popularity are Cozumel, Mexico, for premium/contemporary, Corfu, Greece for luxury and Vienna, Austria for river. More…
Most Popular Countries Visited
(Based on the total number of quote requests for each country visited during cruise itineraries, excluding countries of departure)
1. Premium/Contemporary: Bahamas
2. Luxury: Greece
3. River: France (changed from Germany last month)
Second are Mexico for premium/contemporary, Italy for luxury and Germany for river. More…
Most Popular Cabin Types
(Based on the total number of quote requests for each cabin type)
1. Premium/Contemporary: Inside
2. Luxury: Balcony
3. River: Balcony
More…
Most Popular Sailing Months Requested
(Based on the most requested months)
1. Premium/Contemporary: July 2013
2. Luxury: July 2013
3. River: September 2013 (changed from August 2013 last month)
More…
Other data available at the July 2013 CruiseTrends™ report:
• Number of cabins requested
• Most popular cruise itinerary lengths
• Travel insurance requested
• Cruise line past passenger status requested
• Booking window of time
This cruise trend information is available monthly from CruiseCompete and can be insightful, especially for financial analysts and travel writers. To see 12-months’ of cruise trend data, please click here: http://www.cruisecompete.com/cruise_trends.php.
For purposes of the CruiseTrends™ report, cruise lines recognized as premium or contemporary are grouped together as premium/contemporary. The CruiseCompete CruiseTrends™ report is sponsored by EyeForTravel Ltd.
CruiseCompete has been the premier online cruise marketplace since 2003 (see media praises). This complimentary service allows consumers to request quotes from trusted travel agents, compare offers, see other consumer reviews of agents and agencies responding, and then contact preferred travel agents directly for more information and to book a cruise.
CruiseCompete publishes CruiseTrends™, monthly stats based on actual consumer quote requests and transactions that give an inside look at consumer trends and what consumers want in cruise vacations.
CruiseCompete takes top honors in Travel + Leisure Magazine’s “Top 60 Best Apps and Websites for Travelers” (September 2012) with an honorable mention. The Wall Street Journal praised CruiseCompete as “Best Cruise Travel Site,” The New York Times says, ” … independent travel agents compete to offer you the best deal,” and follows similar praise from Kiplinger’s, The Washington Post, while The Street says, “Score luxury cruises at bargain prices.” See us in Gayot’s Guide to the Good Life and Zagat says, “This free clearing house lets you choose your cruise and get competing bids from agents. Hundreds of agents have access to your request and respond with their best offers via the site.”
For more information, please visit http://www.cruisecompete.com/ or http://www.cruisecompetegroups.com/
CruiseCompete is an Iowa limited liability company and is not a travel agency or owned by a travel agency.
