Royal Bank

RY-T

TSE:RY

93.08
1.81 (1.98%)
The Royal Bank of Canada is a Canadian multinational financial services company and the largest bank in Canada by market capitalization. The bank serves over 16 million clients and has 80,000 employees worldwide.
More at Wikipedia

Analysis and Opinions about RY-T

Signal
Opinion
Expert
BUY
BUY
July 8, 2020
Canadian bank for dividends? For a 10-15 year time horizon, the Canadian banks are a pocket of value. They are trading less than 10 times forward earnings, which already include loan loss provisions. They have high asset qualities. Buying here is a winning formula for the long term. The dividend will pay you to wait for the market to return to normal post-pandemic. TD, RY and BNS happen to be the ones he favors for his clients. They have exposure to international markets. BNS has the best valuation and the dividend yield is better than its peers.
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Royal Bank (RY-T)
July 8, 2020
Canadian bank for dividends? For a 10-15 year time horizon, the Canadian banks are a pocket of value. They are trading less than 10 times forward earnings, which already include loan loss provisions. They have high asset qualities. Buying here is a winning formula for the long term. The dividend will pay you to wait for the market to return to normal post-pandemic. TD, RY and BNS happen to be the ones he favors for his clients. They have exposure to international markets. BNS has the best valuation and the dividend yield is better than its peers.
HOLD
HOLD
June 26, 2020
Over the long term, Canadian banks are great investments. In the short term this is some uncertainty, but RY has a great brand. They have grown the global investment banking franchise and into wealth management he expects this to continue.
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Royal Bank (RY-T)
June 26, 2020
Over the long term, Canadian banks are great investments. In the short term this is some uncertainty, but RY has a great brand. They have grown the global investment banking franchise and into wealth management he expects this to continue.
WEAK BUY
WEAK BUY
June 16, 2020

He's starting to nibble at TD. This and RY are the top two Canadian banks. But in a low-interest rate environment, it'll be hard for them to make money.

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Royal Bank (RY-T)
June 16, 2020

He's starting to nibble at TD. This and RY are the top two Canadian banks. But in a low-interest rate environment, it'll be hard for them to make money.

PAST TOP PICK
PAST TOP PICK
June 11, 2020
(A Top Pick Jun 13/19, Down 8%) It is the biggest bank in Company. He continues to like it. It has a big footprint globally. Their wealth management is the largest of its kind in Canada. It grows about 7 or 8% each year. He is pretty comfortable continuing to own it.
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Royal Bank (RY-T)
June 11, 2020
(A Top Pick Jun 13/19, Down 8%) It is the biggest bank in Company. He continues to like it. It has a big footprint globally. Their wealth management is the largest of its kind in Canada. It grows about 7 or 8% each year. He is pretty comfortable continuing to own it.
BUY WEAKNESS
BUY WEAKNESS
June 8, 2020
There is no news to account for the move. In the last three weeks the banks have been on fire but they could be running out of steam. He hopes prices come off so he can do some buying. Three months from now we will get a whole lock-down quarter and that will be more significant.
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Royal Bank (RY-T)
June 8, 2020
There is no news to account for the move. In the last three weeks the banks have been on fire but they could be running out of steam. He hopes prices come off so he can do some buying. Three months from now we will get a whole lock-down quarter and that will be more significant.
COMMENT
COMMENT
May 26, 2020

Among the Canadians, RY, TD and NB are trading at small premiums to book value. These are solid choices with decent loan books. Canadian consumers have heavy debt and that is a problem, and this risk will rise as this slowdown continues. Can the banks long-term sustain their dividends? The banks are allowing customers to defer some payments, though, so they are "team players" but long-term there is a concern.

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Royal Bank (RY-T)
May 26, 2020

Among the Canadians, RY, TD and NB are trading at small premiums to book value. These are solid choices with decent loan books. Canadian consumers have heavy debt and that is a problem, and this risk will rise as this slowdown continues. Can the banks long-term sustain their dividends? The banks are allowing customers to defer some payments, though, so they are "team players" but long-term there is a concern.

WAIT
WAIT
May 22, 2020
The uncertainty around bank stocks are only up about half of the general market from the March lows. There are credit concerns and fears of write-downs. He would advise to wait to see how earnings shake out. The dividend is pretty safe as the group payout ratio is only about 71%. The banks will have to prove to stakeholders they have compassion on loan forgiveness. Starting March 26 the banks will begin to show earnings.
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Royal Bank (RY-T)
May 22, 2020
The uncertainty around bank stocks are only up about half of the general market from the March lows. There are credit concerns and fears of write-downs. He would advise to wait to see how earnings shake out. The dividend is pretty safe as the group payout ratio is only about 71%. The banks will have to prove to stakeholders they have compassion on loan forgiveness. Starting March 26 the banks will begin to show earnings.
HOLD
HOLD
May 4, 2020

Canadian Banks including TD-T and RY-T. He wishes we had earnings out of the banks because we are flying blind. It is hard to see anything positive out of then. The stocks have fallen a lot. His preferred is NA-T. It is hard to be materially bullish on the Banks unless you are a long term investor. He would not add more to positions, just hold.

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Royal Bank (RY-T)
May 4, 2020

Canadian Banks including TD-T and RY-T. He wishes we had earnings out of the banks because we are flying blind. It is hard to see anything positive out of then. The stocks have fallen a lot. His preferred is NA-T. It is hard to be materially bullish on the Banks unless you are a long term investor. He would not add more to positions, just hold.

BUY
BUY
May 1, 2020

TD vs RY? He owns both. For the near term he slightly favours RY. Both are core holdings for them. He likes RY as they have a larger capital marketing business. This will help them as the retail side will lag for the next while. Volatility in capital markets will help their results. TD Ameritrade is in a price war for commissions in the US. You could buy both, right here, right now.

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Royal Bank (RY-T)
May 1, 2020

TD vs RY? He owns both. For the near term he slightly favours RY. Both are core holdings for them. He likes RY as they have a larger capital marketing business. This will help them as the retail side will lag for the next while. Volatility in capital markets will help their results. TD Ameritrade is in a price war for commissions in the US. You could buy both, right here, right now.

COMMENT
COMMENT
April 22, 2020

Big 6 Canadian Banks? Their view has been for the past few years that the environment for banks was becoming challenged as interest rates moved towards zero. The upcoming recession will make things worse. He has holdings still with TD and RY. In Japan, where interest rates have been at zero for a long time, bank stocks there have not done well. He sees the same issue for banks in the US, but feels the Canadian banks will do a little better, but like sprinting the wind. Be cautious about being too overly exposed to any one bank.

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Royal Bank (RY-T)
April 22, 2020

Big 6 Canadian Banks? Their view has been for the past few years that the environment for banks was becoming challenged as interest rates moved towards zero. The upcoming recession will make things worse. He has holdings still with TD and RY. In Japan, where interest rates have been at zero for a long time, bank stocks there have not done well. He sees the same issue for banks in the US, but feels the Canadian banks will do a little better, but like sprinting the wind. Be cautious about being too overly exposed to any one bank.

BUY
BUY
April 21, 2020

Canadian banks should weather this storm and the dividends are safe. Now is a pretty good entry point, but you'll have to stomach upcoming very weak earnings. You'll get a good return in a few years.

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Royal Bank (RY-T)
April 21, 2020

Canadian banks should weather this storm and the dividends are safe. Now is a pretty good entry point, but you'll have to stomach upcoming very weak earnings. You'll get a good return in a few years.

TOP PICK
TOP PICK
April 9, 2020
Canada's largest company. It has a top ten global capital markets business. The dominant wealth management business. It is well diversified by line of business and geography. They have compounded their dividend growth at about 8% over the last decade. (Analysts’ price target is $99.80)
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Royal Bank (RY-T)
April 9, 2020
Canada's largest company. It has a top ten global capital markets business. The dominant wealth management business. It is well diversified by line of business and geography. They have compounded their dividend growth at about 8% over the last decade. (Analysts’ price target is $99.80)
TOP PICK
TOP PICK
March 17, 2020
It's rare to buy RY at 1.5x book plus get paid a yield over 5%. It's the most diverse bank and large in everything they do. If there are higher provisions for loan losses, they are one of the least-sensitive of the banks. (Analysts’ price target is $105.13)
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Royal Bank (RY-T)
March 17, 2020
It's rare to buy RY at 1.5x book plus get paid a yield over 5%. It's the most diverse bank and large in everything they do. If there are higher provisions for loan losses, they are one of the least-sensitive of the banks. (Analysts’ price target is $105.13)
PARTIAL BUY
PARTIAL BUY
March 11, 2020

RY vs TD? These are almost apples to apples. He thinks RY is the bluest of blue chip bank stocks. Both are good quality and both could drop another 5-8% lower from here. He would recommend that you could buy half of your position here.

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Royal Bank (RY-T)
March 11, 2020

RY vs TD? These are almost apples to apples. He thinks RY is the bluest of blue chip bank stocks. Both are good quality and both could drop another 5-8% lower from here. He would recommend that you could buy half of your position here.

PAST TOP PICK
PAST TOP PICK
March 11, 2020
(A Top Pick Feb 21/19, Down 11%) Still likes it. One of the best banks.
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Royal Bank (RY-T)
March 11, 2020
(A Top Pick Feb 21/19, Down 11%) Still likes it. One of the best banks.
Showing 1 to 15 of 1,382 entries

Royal Bank(RY-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 22

Neutral - Hold Signals / Votes : 7

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 31

Stockchase rating for Royal Bank is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Royal Bank(RY-T) Frequently Asked Questions

What is Royal Bank stock symbol?

Royal Bank is a Canadian stock, trading under the symbol RY-T on the Toronto Stock Exchange (RY-CT). It is usually referred to as TSX:RY or RY-T

Is Royal Bank a buy or a sell?

In the last year, 31 stock analysts published opinions about RY-T. 22 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY. Read the latest stock experts' ratings for Royal Bank.

Is Royal Bank a good investment or a top pick?

Royal Bank was recommended as a Top Pick by Chris Blumas on 2020-07-08. Read the latest stock experts ratings for Royal Bank.

Why is Royal Bank stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Royal Bank worth watching?

31 stock analysts on Stockchase covered Royal Bank In the last year. It is a trending stock that is worth watching.

What is Royal Bank stock price?

On 2020-07-10, Royal Bank (RY-T) stock closed at a price of $93.08.