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Showing 1 to 15 of 1,411 entries
PAST TOP PICK
(A Top Pick Oct 14/20, Up 37%) She might sell if there was a drastic financial crisis or recession, but perhaps not even then. In 2008-9, it would have been the worst thing to sell the banks. She likes the banking sector. One of her core holdings in the Canadian banks. You can buy it here. Yield is under 4%, less than the others. Diversified. Dividend increases are coming when allowed.
banks
BUY
Likes it. Exposure to Evergrande is not substantial. Even though economic growth cycle is bumpy, they're in the sweet spot of increasing dividends, buying back shares, lots of capital, perhaps doing acquisitions, stabilizing net interest income. Not an excessive multiple. Do well long term.
banks
BUY
He watches small cap financials – see his Top Picks today. However amongst the group of large banks, this would seem to be his number one pick. It seems to be a little more efficient with its capital and is a leading franchise in virtually every business that they operate.
banks
COMMENT

Owns these two banks. BNS is Canadian and Latin America, where as RBC is Canada and US. Likes BNS's exposure to Latin America. Currently under covid, it is being more hurt. The stock is lagging here because of this. RBC is doing better due to Canada and US doing better. Over the long term, RBC is the stronger and better bank, but both are good choices.

banks
TOP PICK

It's regained its longtime premium valuation for good reason. It dominates in many areas including retail and trading. RY boasts an 18% ROE. That may last. Even at current prices, RY is well-positioned for economic recovery. It's more Canada-centric than most peers, though it does have international exposure. Pays a good 3.5% dividend yield. He foresees margin expansion among the Canadian banks, which are good at managing costs. A question is how many of their employees will come back. BNS is his second-favourite Canadian bank. (Analysts’ price target is $135.71)

banks
BUY
She likes Canadian banks and RY is one of three she owns. Yes, they've run up this year, but were weak last year. Loan growth will resume with the economic recovery. There's still earnings upside which will drive share price. Valuations remain reasonable. Ottawa will probably allow banks to raise dividends in the fall. She's been adding at $125/share. Share prices will reflect the Canadian economy.
banks
BUY
He likes the Canadian banks. Still going to perform well. It outperforms the TSX 4/5 years but didn't last year, so odds on that it will this year. Net interest margin pressure in the rear view mirror. Credit loss cycle more benign than feared. Top 10 global leader in capital markets. Great wealth management. OFSI likely to take handcuffs off the banks, leading to aggressive dividend increases and share buybacks. Good things ahead.
banks
BUY

RY vs. BMO He'd favour RY over BMO. BMO has a large franchise in the US midwest. RY is more active in the east and south. RY is better managed, and that's why it has a higher valuation. Won't go too far wrong owning it. Well positioned with their US footprint, as well as being the largest and most dominant player in Canada.

banks
HOLD
Another favourite of his. Tax-preferred dividends, even though it's on a global scale. Quality is well understood by the markets. Not sure if dividend hikes are imminent. His concern is that they overreach in capital markets, and get away from the crown jewels of the Canadian banking brands. Own, put it away, and don't think about it.
banks
TOP PICK
25% of business comes from the US, where capital market activity is quite robust. Stock price has moved, but more to come as the Canadian and US economies open up. Still trades at a reasonable multiple. Eventually dividends and share buybacks will resume. Unused loan reserves strengthen its capital base. Yield is 3.68%. (Analysts’ price target is $123.06)
banks
PAST TOP PICK
(A Top Pick Apr 09/20, Up 38%) He would buy it again. It is a corner stone of his portfolio. They have a dominant position and are well capitalized. They will have relatively easy comparisons this year because they took big credit losses last year. You can buy it any day.
banks
BUY

Canadian banks as a group are attractive right now. The entire space should fare well. US banks valuations have come up, whereas Canadian ones are still undervalued. He also likes RY and TD.

banks
PAST TOP PICK

(A Top Pick Mar 17/20, Up 34%) He prefers banks with a lower PE and pays a higher dividend, like Commerce and BNS. He still likes RY and will hold it long term. Well-managed with a great franchise.

banks
PAST TOP PICK
(A Top Pick Feb 06/20, Up 7%) Over-reserved, and so they're in good shape. Yield curve is steepening. Really good growth in trading and banking. Great asset management business and retail franchise. Canada's strong regulatory environment helps stabilize our banks. Not expensive, great dividend yield.
banks
BUY
One of the top banks they own. It has done well and there is a reason the broader banking sector is doing well. Would not exit to take profits. As the economy reopens, they could start releasing provisions. They have excess capital and they cannot raise dividends or buy back stocks right now due to regulation. Once it is lifted, the stock should move.
banks
Showing 1 to 15 of 1,411 entries

Royal Bank(RY-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 17

Neutral - Hold Signals / Votes : 3

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 20

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, 20 stock analysts published opinions about RY-T. 17 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . 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 on . 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?

20 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 2021-10-20, Royal Bank (RY-T) stock closed at a price of $132.14.