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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InRoyal Caribbean Cruises Ltd. (NYSE:RCL) has received a consensus "Moderate Buy" rating from 23 brokerages, reflecting positive sentiment towards the cruise operator. Analysts have set an average 12-month price target of $348.29 for the stock, indicating potential upside. Further bolstering investor confidence, the company recently increased its quarterly dividend to $1.50 per share and approved a substantial $2.0 billion share buyback program. In its latest earnings report, Royal Caribbean announced an EPS of $2.80, meeting consensus expectations. Although revenues of $4.26 billion were slightly below estimates, these strategic financial moves and analyst endorsements underscore a generally bullish outlook for RCL shares.