$RCL At A Discount?

$RCL seems to be trading at a discount based on analyst estimates of next years earnings estimates. Currently stock is trading at a 16.24% multiple which is inline with sector, but at a discount based on $RCL’s analyst estimates for  earnings of 29%. With this growth multiple it would yield a Price Target of $180. A conservative growth of 22% based on next years earnings would yield a price target of $140.

http://www.barrons.com/articles/cruise-industrys-big-three-could-steam-to-20-gains-in-2016-1451704444

 

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