Royal Caribbean Cruises Sees $774 Million Trading Volume Surge to 135th Position Despite Stock Decline

Generated by AI AgentAinvest Market Brief
Monday, Mar 31, 2025 7:49 pm ET1min read

On March 31, 2025,

(RCL) saw a significant increase in trading volume, with a turnover of $774 million, marking a 45.94% rise from the previous day. This surge placed at the 135th position in terms of trading volume for the day. However, the stock price of Royal Caribbean Cruises declined by 1.03%, marking the fifth consecutive day of decline, with a total decrease of 8.86% over the past five days.

Jefferies initiated coverage of Royal Caribbean Cruises with a Hold recommendation. The analyst noted that while the company has led the cruise industry in both financial and operational metrics over the past three years, and was the first to reinstate its dividend post-COVID, the stock is already priced for perfection. Jefferies believes that the positive aspects of the company are fully reflected in its current share price.

Jefferies analyst David Katz initiated coverage on Royal Caribbean Cruises with a Hold rating and a price target of $230.00. The analyst highlighted the company's strong performance in the cruise industry but cautioned that the stock may not have much room for further growth given its current valuation.

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