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Royal Bank (RY-T)
TSE:RY
128.12
0.98
(0.77%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
$126.760
Owned
Our PAST TOP PICK with RY has triggered its stop at $131. To remain disciplined, we recommend covering the position at this time. When combined with our previous buy recommendation, this will result in a net investment gain of 3%.
800-pound gorilla, dominant bank in Canada. Until today, it's share price has held up the best. It will come back, but it's up to you whether you want to catch the falling knife today. Canadian banks are a protected species. He's not sure there are going to be the anticipated loan losses.
Our PAST TOP PICK with RY is progressing well. To remain disciplined, we recommend trailing up the stop to $131 at this time.
Doesn't own any Canadian banks. Scale advantage, favourable regulatory environment. Further competition in the space erodes their moat. If he were to own any banks, the two that stood out when he reviewed their financials 3 years ago were TD and RY.
Royal Bank(RY-T) Rating
Ranking : 5 out of 5
Bullish - Buy Signals / Votes : 17
Neutral - Hold Signals / Votes : 6
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 24
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, 24 stock analysts published opinions about RY-T. 17 analysts recommended to BUY the stock. 1 analyst 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?
24 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 2023-03-29, Royal Bank (RY-T) stock closed at a price of $128.12.
Dividend yield is pretty good at 4.1%, and it's grown at an 8% compound pace over the last 10 years. Leading personal and commercial banking franchise in Canada. Big presence in US. Should benefit from skittish deposits in Silicon Valley. Top 10 global e-capital markets business. 12% compounded shareholder return over a decade, sees more ahead.