Wall Street Analysts Look Bullish on Royal Caribbean (RCL): Should You Buy?

Core Viewpoint - Brokerage recommendations, particularly for Royal Caribbean (RCL), suggest a strong buy sentiment, but reliance solely on these recommendations may not be advisable due to potential biases and lack of predictive success [5][10][11]. Brokerage Recommendation Summary - Royal Caribbean has an average brokerage recommendation (ABR) of 1.60, indicating a position between Strong Buy and Buy, based on 25 brokerage firms' recommendations [2]. - Out of the 25 recommendations, 17 are Strong Buy (68%) and 1 is Buy (4%) [2]. Zacks Rank Insights - The Zacks Rank, which is a proprietary stock rating tool, provides a more reliable indicator of near-term price performance compared to ABR, as it is based on earnings estimate revisions [8][11]. - The Zacks Consensus Estimate for Royal Caribbean's current year earnings remains unchanged at $15.6, suggesting stable analyst views on the company's earnings prospects [14]. - Royal Caribbean currently holds a Zacks Rank 3 (Hold), indicating a cautious stance despite the favorable ABR [15].