TSE:RY
Royal Bank (RY.TO)
283.28
-1.79 (0.63%)
as of Sep 29, 2026, 8:00:00 pm Market Open.
1480 watching
Financials 
Technical Analysis 0
BUY ON WEAKNESS
BUY
Banks have had a good run. He views them as core holdings and wouldn't be afraid to own them here. Trading at reasonable multiples. There are signs of slowly but surely improvement in the economy. Solid yield.
Don LatoOwned
banks
COMMENT
Canadian banks will make a lot of money on their underwriting. This one has a little bit too much exposure in the US for him. Expecting a reasonably good quarter. Pretty much fully priced. If you own Hold but if not, every portfolio should have a Canadian bank.
David BaskinOwned
banks
BUY ON WEAKNESS
He is under weighted the financials because Canadian banks that are US exposed might be exposed to more bad debt than is thought. If the price gets close to $40 you can buy but don't go roaring after them.
Rick StuchberryOwned
banks
HOLD
Canadian banks have been managing through the cycle considerably better than other global banks. This is the premier, highest-quality bank in Canada. He views Canadian banks as having run too far, too fast and he doesn't find great value in them right now. For a longer-term time horizon you should continue to Hold. Dividends are safe.
banks
TOP PICK
Dividend yield of 4% plus. A year from now, the economy is going to be better and we won't be talking about housing prices and loan losses. Earnings are going to start growing. This bank’s wholesale business doesn't get enough credit. Very good upside in the next couple of years.
Steve CarlinOwned
banks
DON'T BUY
A number of things that have driven earnings gains in the past are probably not there going forward. Banks became very over owned and never will likely be a multiple contraction going forward. He has very limited holdings in financials.
David BurrowsOwned
banks
HOLD
His 2 picks in Canadian banks would be Bank of Nova Scotia (BNS-T) and Royal Bank (RY-T). The issue he has with them is that the charts show them right up against the long-term trend. Things are not getting a lot better out there and he doesn't know how they are going to make a lot of money. Will probably be a sideways trade for some time. 4.3% yield.
SELL
Would consider taking profits as the banks have gone up on declining volume. Charts of Canadian banks shows volumes were highest at the bottom of the stocks. As the stocks have been going up, the volumes have been going down. Also big US exposure and commercial loan exposure is there. Credit card debt could be a problem.
banks
BUY ON WEAKNESS
With the latest run he sold part of his holdings. Best in class company but would wait for a 10% drop.
Paul Gardner, CFAOwned
banks
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