Vetr Top Raters Very Bullish On Royal Caribbean

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Shares of Royal Caribbean Cruises Ltd RCL have lost 26.25 percent since the year started. Moreover, since Monday, the stock has tumbled 5.4 percent, creating plenty of room for upside, the crowd seems to believe.

Related Link: Here's How Crowdsourced Ratings Can Beat The Market

On Thursday, following the most recent decline, top raters at the Vetr community decided to upgrade their rating on shares of Royal Caribbean, from 4..0 Stars (Buy) to 4.5 Stars (Strong  Buy) - out of a possible 5.0 Stars rating.

The new rating seems more aligned with the crowd’s target price of $88.10, which implies an upside potential of almost 11.5 percent from current valuations.

However, it should be noted that only 60 percent of the crowd’s rating are bullish, meaning that the crowd as a whole is not as optimistic as the top raters.

Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.

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Posted In: UpgradesPrice TargetCrowdsourcingAnalyst RatingsGeneralVetr
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