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Analysts Offer Insights on Consumer Cyclical Companies: Royal Caribbean (RCL) and McDonald’s (MCD)

Tipranks - Thu Apr 9, 11:32AM CDT

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Royal Caribbean (RCL) and McDonald’s (MCD) with bullish sentiments.

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Royal Caribbean (RCL)

In a report issued on April 6, Lizzie Dove from Goldman Sachs maintained a Buy rating on Royal Caribbean, with a price target of $355.00. The company’s shares closed last Wednesday at $283.95.

According to TipRanks.com, Dove is a 2-star analyst with an average return of 0.4% and a 46.1% success rate. Dove covers the NA sector, focusing on stocks such as Marriott Vacations Worldwide Corporation, Six Flags Entertainment Corporation, and Hilton Worldwide Holdings. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Royal Caribbean with a $365.47 average price target, implying a 24.2% upside from current levels. In a report released today, Mizuho Securities also maintained a Buy rating on the stock with a $377.00 price target.

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McDonald’s (MCD)

In a report issued on April 6, Brian Bittner from Oppenheimer maintained a Buy rating on McDonald’s, with a price target of $355.00. The company’s shares closed last Wednesday at $304.12.

According to TipRanks.com, Bittner is a 4-star analyst with an average return of 5.7% and a 59.9% success rate. Bittner covers the NA sector, focusing on stocks such as Restaurant Brands International, Papa John’s International, and Cheesecake Factory. ;'>

Currently, the analyst consensus on McDonald’s is a Moderate Buy with an average price target of $349.48, a 13.8% upside from current levels. In a report issued on April 6, Evercore ISI also maintained a Buy rating on the stock with a $360.00 price target.

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