- Despite some macro factors working against Royal Caribbean (NYSE:RCL +0.7%), Wolfe Research is still confident on the cruise line stock after crunching numbers on market rates, FX, non-fuel costs and net yields.
- "We still feel good about 2019 consensus EPS estimates for RCL, which is our top pick in cruise," updates the firm.
- Royal Caribbean trade at a slightly higher valuation than direct peers.
Wolfe Research backs Royal Caribbean to hit 2019 consensus marks
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Symbol | Last Price | % Chg |
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RCL | - | - |
Royal Caribbean Cruises Ltd. |