Cruise stocks are trading at relatively high evaluations and limited upside price potential based on consensus price targets.
At press time, Royal Caribbean (RCL) traded at $54.52 with a 12-month price target of $57.54 and a P/E of 28.59. The past 12-month price range has been from $31.37 to $57.33.
Carnival Corporation (CCL) traded at $38.34 with a 12-month price target of $42.15 and a P/E of 29.02. The past 12-month price range has been from $31.44 to $41.89.
Norwegian Cruise Line (NCLH) traded at $32.01 with a 12-month price target of $38.77 and a P/E of 27.18. The past 12-month price range has been from $28.00 to $37.30.