Royal Bank

RY-T

TSE:RY

106.21
0.00 (0.00%)
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.
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Analysis and Opinions about RY-T

Signal
Opinion
Expert
BUY
BUY
November 25, 2020

Tough year for the banks. Q4 will be released in a few weeks, and you never know what you're going to get. Brighter days are ahead, and the market's already figured that out. BMO is not his favourite. Prefers National, TD, Royal. You'll do fine with the Canadian banks. Some concerns around fintech. Low interest rates will be a problem, but offset by recovering economy. Good time to add for dividend seekers.

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Royal Bank (RY-T)
November 25, 2020

Tough year for the banks. Q4 will be released in a few weeks, and you never know what you're going to get. Brighter days are ahead, and the market's already figured that out. BMO is not his favourite. Prefers National, TD, Royal. You'll do fine with the Canadian banks. Some concerns around fintech. Low interest rates will be a problem, but offset by recovering economy. Good time to add for dividend seekers.

BUY
BUY
November 5, 2020
Dividend is safe. All banks are under pressure with their net interest margin. Best wealth management franchise in Canada, and it should continue to grow. Great capital markets business that's a top 10 in the world. Well balanced geographically. Expect close to double-digit returns most years. Buy comfortably today.
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Royal Bank (RY-T)
November 5, 2020
Dividend is safe. All banks are under pressure with their net interest margin. Best wealth management franchise in Canada, and it should continue to grow. Great capital markets business that's a top 10 in the world. Well balanced geographically. Expect close to double-digit returns most years. Buy comfortably today.
HOLD
HOLD
October 28, 2020
When you invest in the banking sector, you want to see organic growth in terms of loans. On capital market side, you want to see good and solid profitability. In this environment, the capital market side has done well. Organic loans have not done so well. Overall, Canadian banks are doing well on loan provisions. Sector is a hold right now. If you had to choose one, Royal Bank would be the one.
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Royal Bank (RY-T)
October 28, 2020
When you invest in the banking sector, you want to see organic growth in terms of loans. On capital market side, you want to see good and solid profitability. In this environment, the capital market side has done well. Organic loans have not done so well. Overall, Canadian banks are doing well on loan provisions. Sector is a hold right now. If you had to choose one, Royal Bank would be the one.
TOP PICK
TOP PICK
October 14, 2020
Large, diversified. Fee-based business is less sensitive to shrinking net interest margin. Conservative provisions for loan losses. Payout ratio is about 56%, and will lessen next year. Attractive valuation. Earnings will grow again next year, giving you nice capital appreciation and dividend yield. Yield is 4.45%. (Analysts’ price target is $106.39)
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Royal Bank (RY-T)
October 14, 2020
Large, diversified. Fee-based business is less sensitive to shrinking net interest margin. Conservative provisions for loan losses. Payout ratio is about 56%, and will lessen next year. Attractive valuation. Earnings will grow again next year, giving you nice capital appreciation and dividend yield. Yield is 4.45%. (Analysts’ price target is $106.39)
BUY
BUY
September 14, 2020
It has a great dividend yield. The risk on all these companies is that their loan loss book gets worse. They deferred a lot of payments on loans. It has a great retail franchise but they grew their investment banking side. He thinks you are fine owning it at these levels.
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Royal Bank (RY-T)
September 14, 2020
It has a great dividend yield. The risk on all these companies is that their loan loss book gets worse. They deferred a lot of payments on loans. It has a great retail franchise but they grew their investment banking side. He thinks you are fine owning it at these levels.
PAST TOP PICK
PAST TOP PICK
August 11, 2020
(A Top Pick Aug 13/19, Up 1%) Her favourite bank among the Canadians. Still holds it. RY was the most conservative in their loan loss provision last quarter. They have more cushion than their peers and their capital position is the strongest. She likes their asset and geographic mix; 30% comes from fee-based income that'll protect them as net interest margins continue to shrink. It pays a 4.5% dividend, which is safe. The payout ratio is 60% which is only slightly higher than their usual target. RY lags the market, but is reasonably valued. She's happy to own it.
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Royal Bank (RY-T)
August 11, 2020
(A Top Pick Aug 13/19, Up 1%) Her favourite bank among the Canadians. Still holds it. RY was the most conservative in their loan loss provision last quarter. They have more cushion than their peers and their capital position is the strongest. She likes their asset and geographic mix; 30% comes from fee-based income that'll protect them as net interest margins continue to shrink. It pays a 4.5% dividend, which is safe. The payout ratio is 60% which is only slightly higher than their usual target. RY lags the market, but is reasonably valued. She's happy to own it.
BUY
BUY
July 28, 2020
RY vs. a US bank Banks are grappling with how bad mortgage defaults will be, and how much longer will Ottawa support the economy? All the banks have aggressively built their reserves against bad loans. Traditionally, Canada has more safeguards in place before than America to prevent mortgage defaults. But many are unemployed in Canada now. When wage support stops here, homeowners will have trouble paying their loans. But most Canadian banks are insured by CMHC (that's one safeguard). which will cover such defaults. Given all this, he doesn't feel that Canadian banks are overly exposed to mortgage defaults and doesn't feel the banks are dangerous to own now.
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Royal Bank (RY-T)
July 28, 2020
RY vs. a US bank Banks are grappling with how bad mortgage defaults will be, and how much longer will Ottawa support the economy? All the banks have aggressively built their reserves against bad loans. Traditionally, Canada has more safeguards in place before than America to prevent mortgage defaults. But many are unemployed in Canada now. When wage support stops here, homeowners will have trouble paying their loans. But most Canadian banks are insured by CMHC (that's one safeguard). which will cover such defaults. Given all this, he doesn't feel that Canadian banks are overly exposed to mortgage defaults and doesn't feel the banks are dangerous to own now.
BUY
BUY
July 17, 2020
He tends to like all the banks at this juncture. They were slaughtered back in March based on reduced earnings forecasts. The upside for RY is still good. He would not be surprised to see all the banks break higher. He sees a target of $123 for this bank.
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Royal Bank (RY-T)
July 17, 2020
He tends to like all the banks at this juncture. They were slaughtered back in March based on reduced earnings forecasts. The upside for RY is still good. He would not be surprised to see all the banks break higher. He sees a target of $123 for this bank.
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.
Showing 1 to 15 of 1,390 entries

Royal Bank(RY-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 21

Neutral - Hold Signals / Votes : 4

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 26

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, 26 stock analysts published opinions about RY-T. 21 analysts recommended to BUY the stock. 1 analyst 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 Barry Schwartz on 2020-11-25. 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?

26 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 2020-12-02, Royal Bank (RY-T) stock closed at a price of $106.21.