美国银行表示，皇家加勒比邮轮自8月初高点下跌26%的情况被过度解读，现在是买入该股的时机。
Royal Caribbean Cruises ' 26% decline an early August peak is overdone, and it's time to buy the stock, according to Bank of America.
该行将这家邮轮运营商的评级从“中性”上调至“买入”，并维持330美元的目标价，这意味着较周五收盘价有近36%的上涨空间。
The bank upgraded the cruise line operator to buy from neutral. It also maintained its price target of $330, which indicates an almost 36% gain from Friday's close.
尽管油价上涨及其对公司资产负债表和消费者休闲支出的影响令该股今年承压，但分析师安德鲁·迪多拉（Andrew Didora）在周一的报告中指出，旅游需求依然强劲。
While concerns of higher oil prices — and their implications both for the company's balance sheet as well as leisure spending by consumers — have weighed on the stock this year, analyst Andrew Didora said in a Monday note that travel demand has been strong.
迪多拉写道：“自2月以来，旅游支出以中高个位数增长，而7月和8月邮轮支出重新加速至中双位数增长。”
"Travel spend has grown mid- to high-single digits since February and cruise spend reaccelerated to mid-teens growth in July and August," Didora wrote in the note.
他补充说，皇家加勒比在近期会议上的评论显示需求稳定，预计2026年第四季度净收益增长至少达到4%（行业最强），并有能力在2027年实现2-3%的历史净收益增长算法。
"Further, commentary from RCL at our recent conference spoke of steady demand and gave us comfort in at least 4% net yield growth in 4Q26 (strongest in industry) with the ability to guide to its historical net yield algorithm of +2-3% in 2027." RCL 3M mountain Royal Caribbean Cruises 3-month.
此外，皇家加勒比上周下跌超过1%，遭遇连续第七周回调，此前有消息称该公司将收购加勒比度假连锁品牌Sandals 50%的股权。
The stock is also 26% below its Aug. 5 closing peak. Royal Caribbean also fell more than 1% last week — its seventh consecutive weekly pullback — following news that the company was going to take a 50% equity stake in Caribbean resort chain Sandals.
迪多拉认为，在皇家加勒比的专业知识支持下，Sandals有望实现更强劲的增长，预计这将使后者的EBITDA增长中低双位数。
Didora said Sandals can generate stronger growth with Royal Caribbean's expertise, and that could grow the latter's EBITDA by the low- to mid-teens, the analyst estimated. Risks remain for the stock, Didora noted.
尽管宏观经济压力仍是潜在风险，但分析师认为旅游支出非常强劲，估值合理，且皇家加勒比处于有利地位，能够进一步获取旅游市场份额。
Macroeconomic pressures could derail the outlook, though the analyst said that rising interest rates typically aren't correlated with any reaction by Royal Caribbean's stock. "The macro is a risk, but travel spend has been very strong, estimates seem reasonable, and RCL is well positioned to capture further travel share," he said in the note.
受此评级上调及德意志银行同步上调评级至“买入”的影响，该股股价上涨了1%。
Shares were higher by 1% following the upgrade, which was also supported by Deutsche Bank also hiking its rating to buy as well.