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7 minutes ago, A&L_Ont said:

I haven’t looked for a while at the stock price and it’s now over $50.  I’m surprised.

I, also, was surprised when I checked last week. Then I started thinking... if this is happening with cruises shut down then what is going to happen when it starts back up?

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7 hours ago, Ocean Boy said:

I, also, was surprised when I checked last week. Then I started thinking... if this is happening with cruises shut down then what is going to happen when it starts back up?

Values as of: 2020-05-30

RCL.png

RCL:NYE-Royal Caribbean Cruises Ltd (USD)

COMMON STOCK | Travel Services | NYE

Get Current Stock Price

Last Closing Price

USD 51.87

Change

 0.00 (0.00)% 

Market Cap

USD 10.86B

Volume

0.02B

Average Target Price..

USD 75.73 (+45.99%).........
Average Analyst Rating
 

Buy 

Fundamental Analysis
 

Slightly Bullish

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12 hours ago, The_Big_M said:

Who knows when those targets were updated. A generic figure like that is meaningless.

How about today 06/01/2020.............. 12 month target $87.+

 

NYSE:RCLRoyal Caribbean Cruises Stock Price, Forecast & News

$56.01
+4.14 (+7.98 %)
(As of 06/1/2020 01:57 PM ET)
 
Market Capitalization$11.73 billion
P/E Ratio66.68
Dividend Yield6.01%
Beta2.48
 
 
 Analyst's Opinion
Royal Caribbean Cruises has received a consensus rating of Hold. The company's average rating score is 2.47, and is based on 9 buy ratings, 7 hold ratings, and 1 sell rating.
 
  • Price Target Upside/Downside

    According to analysts' consensus price target of $87.18, Royal Caribbean Cruises has a potential upside of 55.6% from its current price of $56.01.

  • Amount of Analyst Coverage

    Royal Caribbean Cruises has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  •  

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On 6/1/2020 at 10:42 AM, ALWAYS CRUZIN said:

Mine has doubled. I should have purchased 200 shares. 100 to sell later and 100 to sit on for the perks.

 

That would have been nice.  There might be a pothole here and there going forward, but perhaps the worst has passed for the cruiselines.

 

Hopefully, those with pitchforks and torches against the cruiselines can put them away now.

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1 hour ago, mpk said:

 

That would have been nice.  There might be a pothole here and there going forward, but perhaps the worst has passed for the cruiselines.

 

Hopefully, those with pitchforks and torches against the cruiselines can put them away now.

Agree with your post.  Looking forward to the good old days.

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On 6/1/2020 at 2:05 PM, taglovestocruise said:

How about today 06/01/2020.............. 12 month target $87.+

 

NYSE:RCLRoyal Caribbean Cruises Stock Price, Forecast & News

$56.01
+4.14 (+7.98 %)
(As of 06/1/2020 01:57 PM ET)
 
Market Capitalization$11.73 billion
P/E Ratio66.68
Dividend Yield6.01%
Beta2.48
 
 
 Analyst's Opinion
Royal Caribbean Cruises has received a consensus rating of Hold. The company's average rating score is 2.47, and is based on 9 buy ratings, 7 hold ratings, and 1 sell rating.
 
  • Price Target Upside/Downside

    According to analysts' consensus price target of $87.18, Royal Caribbean Cruises has a potential upside of 55.6% from its current price of $56.01.

  • Amount of Analyst Coverage

    Royal Caribbean Cruises has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  •  

In the past week four wall st firms cut their price targets on RCL to well below current price.  Today Morgan Stanley cut RCL to $33, expecting slower recovery and break-even EBITDA in 2021.  Goldman recently cut their price target to $40, JPM cut to $50 and Deutsche Bank to $36.

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From Marketwatch here's Morgan Stanley analyst Rollo's logic for reducing RCL price target to $33:

 

Shares of cruise operators rallied Wednesday, reversing earlier losses, despite a bearish call from Morgan Stanley analyst Jamie Rollo, who said he believes the cruise industry will take longer than almost any other form of travel to return to normal, as a result of the COVID-19 pandemic. Shares of Norwegian Cruise Line Holdings Ltd.(NCLH) rose 3.7% in afternoon trading, after being down as much as 4.0% earlier in the session; Royal Caribbean Cruises Ltd.(RCL) gained 3.8%, after being down 2.5% at its intraday low; and Carnival Corp.(CCL) reversed an earlier loss of as much as 1.8% to trade up 2.2%. Rollo downgraded Norwegian to underweight from equal weight and trimmed his price target to $13, which is 27.5% below current levels, from $12. He also resumed coverage of Royal and Carnival with underweight ratings. "We model a return to operations in [the fourth quarter of 2020], but expect it will take 6 months for the industry to rehire crew and reposition ships, and we also assume 2021 revenue yields will be depressed by weak demand, travel uncertainty and the use of credits given on 2020 cancellations," Rollo wrote in a note to clients. He doesn't expects positive earnings per share until 2023 for the companies, and sees "no return" to 2019 EPS levels, as high cash burn and capital commitments mean debt leverage "has taken a permanent step up." Over the past month, Norwegian's stock has rallied 30.4% , Royal shares have advanced 42.6% and Carnival's stock has climbed 23.8%, while the S&P 500 has tacked on 10.2%.

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On 2/26/2020 at 1:33 PM, davelinde said:

We own 100 shares each of RCL and Carnival - both offer shareholder benefits in the form of OBC.

^^This^^.  Buy with money you can afford to lose.  Keep it until you're no longer cruising.

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19 hours ago, Baron Barracuda said:

From Marketwatch here's Morgan Stanley analyst Rollo's logic for reducing RCL price target to $33:

 

Shares of cruise operators rallied Wednesday, reversing earlier losses, despite a bearish call from Morgan Stanley analyst Jamie Rollo, who said he believes the cruise industry will take longer than almost any other form of travel to return to normal, as a result of the COVID-19 pandemic. Shares of Norwegian Cruise Line Holdings Ltd.(NCLH) rose 3.7% in afternoon trading, after being down as much as 4.0% earlier in the session; Royal Caribbean Cruises Ltd.(RCL) gained 3.8%, after being down 2.5% at its intraday low; and Carnival Corp.(CCL) reversed an earlier loss of as much as 1.8% to trade up 2.2%. Rollo downgraded Norwegian to underweight from equal weight and trimmed his price target to $13, which is 27.5% below current levels, from $12. He also resumed coverage of Royal and Carnival with underweight ratings. "We model a return to operations in [the fourth quarter of 2020], but expect it will take 6 months for the industry to rehire crew and reposition ships, and we also assume 2021 revenue yields will be depressed by weak demand, travel uncertainty and the use of credits given on 2020 cancellations," Rollo wrote in a note to clients. He doesn't expects positive earnings per share until 2023 for the companies, and sees "no return" to 2019 EPS levels, as high cash burn and capital commitments mean debt leverage "has taken a permanent step up." Over the past month, Norwegian's stock has rallied 30.4% , Royal shares have advanced 42.6% and Carnival's stock has climbed 23.8%, while the S&P 500 has tacked on 10.2%.

 

I never quite understood the analyst game.  I tend to mostly ignore them.

 

This is the only industry where analysts make predictions/calculations without being held accountable.  When proven to be wrong, they have the considerable gall to say it was the company that "missed."   And then the company's stock goes down.   whutttt?

Edited by mpk
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😞

 

The face you make when you bought in at $34 in March.....got tired of watching it go up 4 then down 4 then up 5 then down 6 then up 7....so starting playing the up/down game and taking small bits of profit and realized if you had just left it alone you would have doubled your money today versus the 50% gain you have.

 

Still....been doing okay for me....but could have been so much better if I had learned how to be patient.

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