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Showing 1 to 15 of 1,426 entries
PAST TOP PICK
(A Top Pick Apr 15/21, Up 19%) Likes the scale and diversity across its different businesses. One of her favourite banks. Nice core holding for income.
banks
HOLD
Like TD and BNS it has long term value so keep holding it. One of the fastest growing banks. Five year balance sheet at 9% and 3 1/2% dividend. On the question re stock splits, banks used to split regularly. Most investors like stocks in the 10,20,30 dollar range.
banks
BUY on WEAKNESS
RY vs. BNS Broadly, Canadian banks are all driven by the consumer and mortgage market. RY is the premier name in Canada, he owns it at full weight, no plans to sell, not buying for new clients until there's a pullback. Canadian franchise is solid, great capital markets business, good long-term. Forays into US appear solid. One of the lower dividend yields in the space. BNS has one of the highest yields, more focused in Latin America, recent Chilean acquisition still TBD. He owns a small position. His other preference is TD. He's not adding to any of the banks, waiting to see how market digests rate increases and hoping for a market pullback.
banks
BUY
Canadian banks exposure to Russian financial system is low. Company is well positioned for rising interest rates. One of his largest holdings. Pays an attractive dividend yield. Good investment opportunity,
banks
BUY
Canadian banking in general is good for the long term. Great businesses. One of the best retail franchises in Canada. Large investment banking division that's probably in the top 10 of global investment banks, which adds volatility to earnings. Big spend on asset management globally. At 1.9x earnings, more expensive than the others. He's buying it here. Yield is 3.4%.
banks
WEAK BUY
He prefers TD and NA. Banks are flip-flopping right now, based on interest rates and uncertainties about the global banking system. Terrific performance this year. Well run. Lots of capital, so he expects more share buybacks, dividend hikes, and surprise acquisitions.
banks
HOLD
Really likes, but not buying right now as bank valuations have come up significantly. Be patient. The group trades about 12x earnings, which is reasonable. Great income stock. Don't sell if you own it. Reasonable growth profile. Releasing excess capital and buying back shares.
banks
BUY
She likes Canadian banks. PEs have climbed from last year, but still reasonable. Royal and TD are her top banks. Likes RY for their diversity and scale. Both banks yield around 3.5% and will continue to raise them as earnings grow.
banks
BUY
Rising interest rates will improve net interest margins (spread between mortgages issued and deposits taken). Dividend increases have occurred across the industry. Well diversified business that has operations in USA + globally. Avoid buying too many banking stocks as exposes investor to sector risk.
banks
HOLD
Canadian banking sector has been a great place to be, oligopoly. "Hates" being a customer, but loves being an owner. All in excellent shape. The sector has been a core holding in his Canadian strategy.
banks
COMMENT
If inflation and rising interest rates leads to a steeper environment, then yes, it will be positive. If Feds make a policy mistake and the yield curve flattens, it will be negative. The steeper the yield curve, the more profitable it is for banks. In the back half of next year, there is a risk of economic slowdown.
banks
BUY
Positioned well, including across the border. Dominant in wealth management in Canada. Valuation has come back to the group. High dividend yield. Likes the story.
banks
HOLD
He owns TD and RY right now. Setup is interesting. OSFI recently released the handcuffs on dividends and share buybacks. Usually banks do well at the beginning of a tightening cycle. We're in a tremendously over-leveraged economy. As we go along, and rates rise, banks on the other side of this credit cycle might have a tough time. He's as underweight banks as he's ever been. TD and RY are still great franchises, but he's not that excited about the banks. They can go higher, but you have to evaluate the risks of the credit cycle.
banks
TOP PICK
Likes the whole Canadian banking sector, with net interest margins expanding. Interest rates in Canada may rise sooner than in US. Credit environment is favourable. Increasing dividends is on the menu, and she expects double digit increases, though it may not happen all at once. Diversified businesses. Yield is 3.26%. (Analysts’ price target is $143.82)
banks
TOP PICK
Dominant personal and commercial banking in Canada, and a meaningful position in the US. Top 10 in the global capital markets business. Well diversified by line of business and geography. Leader in digital and AI, which is driving organic growth. Highly visible path to double digit total returns. Yield is 3.30%, growing at 7% a year. (Analysts’ price target is $143.22)
banks
Showing 1 to 15 of 1,426 entries

Royal Bank(RY-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 14

Neutral - Hold Signals / Votes : 5

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 19

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, 19 stock analysts published opinions about RY-T. 14 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?

19 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 2022-05-20, Royal Bank (RY-T) stock closed at a price of $127.25.