Royal Bank

RY-T

TSE:RY

83.66
0.61 (0.73%)
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
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.
BUY
BUY
March 10, 2020
Didn't fully recover today after Black Monday's huge drop. The baby was thrown out with the bathwater, and maybe there were margin calls. It partially bounced back today. It's one of the world's biggest banks and will last a long, long time. RY is the epitome of buying a stock on a dip. They pay out 40-50% of their earnings in diviednds and reinvest the rest in the business organically or buy business to raise their EPS. Most Canadian banks can grow 6-9% annually (very good) vs. the economy's 4-5%. Plus a dividend of 4%. This year, the banks will grow only 0-5%, and RY likely 4-5%. This adds to a high-single-digit or double-digit return. That's why RY outperforms the TSX in the last 19 of 25 years.
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Royal Bank (RY-T)
March 10, 2020
Didn't fully recover today after Black Monday's huge drop. The baby was thrown out with the bathwater, and maybe there were margin calls. It partially bounced back today. It's one of the world's biggest banks and will last a long, long time. RY is the epitome of buying a stock on a dip. They pay out 40-50% of their earnings in diviednds and reinvest the rest in the business organically or buy business to raise their EPS. Most Canadian banks can grow 6-9% annually (very good) vs. the economy's 4-5%. Plus a dividend of 4%. This year, the banks will grow only 0-5%, and RY likely 4-5%. This adds to a high-single-digit or double-digit return. That's why RY outperforms the TSX in the last 19 of 25 years.
HOLD
HOLD
February 18, 2020

Like TD, it's pressured by low interest rates. RY is the biggest Canadian bank and is well-run. Expect a 7-10% return this year (like last) including the yield. There are better opportunities elsewhere, but you're fine to keep holding it.

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Royal Bank (RY-T)
February 18, 2020

Like TD, it's pressured by low interest rates. RY is the biggest Canadian bank and is well-run. Expect a 7-10% return this year (like last) including the yield. There are better opportunities elsewhere, but you're fine to keep holding it.

TOP PICK
TOP PICK
February 6, 2020
Book value of 1.8. Trading at 11x earnings. Built a reasonable franchise in the US. Banks have gone sideways this year, as people are worried about the real estate market and the highly levered consumer. Volatility in loan losses will be sorted out. Doesn't think we'll go into recession. Banks should continue to do well. Yield is 3.90%. (Analysts’ price target is $111.50)
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Royal Bank (RY-T)
February 6, 2020
Book value of 1.8. Trading at 11x earnings. Built a reasonable franchise in the US. Banks have gone sideways this year, as people are worried about the real estate market and the highly levered consumer. Volatility in loan losses will be sorted out. Doesn't think we'll go into recession. Banks should continue to do well. Yield is 3.90%. (Analysts’ price target is $111.50)
COMMENT
COMMENT
February 5, 2020

RY vs TD vs SLF? He owns both of the banks and he prefers this space over the insurance sector. RY has a stronger approach on the wealth management side, whereas TD focuses on retail customers and has a larger presence in the US. Right now he would favour TD. Canadian banks of been held back as of late because of a unwarranted fear about the housing market in Canada. Dividends with the banks are great too.

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Royal Bank (RY-T)
February 5, 2020

RY vs TD vs SLF? He owns both of the banks and he prefers this space over the insurance sector. RY has a stronger approach on the wealth management side, whereas TD focuses on retail customers and has a larger presence in the US. Right now he would favour TD. Canadian banks of been held back as of late because of a unwarranted fear about the housing market in Canada. Dividends with the banks are great too.

PAST TOP PICK
PAST TOP PICK
February 3, 2020
(A Top Pick Feb 26/19, Up 6%) He is happy with it. It is a core part of this Canadian portfolio. Most of the return was dividend. RY-T has outperformed the TSX for 19 of the last 25 years. These are good odds.
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Royal Bank (RY-T)
February 3, 2020
(A Top Pick Feb 26/19, Up 6%) He is happy with it. It is a core part of this Canadian portfolio. Most of the return was dividend. RY-T has outperformed the TSX for 19 of the last 25 years. These are good odds.
TOP PICK
TOP PICK
February 3, 2020
It has been a long standing core holding. It is the 11th largest bank in the world. It has a top ten global capital markets business. The long term outlook is that it should get double digit returns. (Analysts’ price target is $111.50)
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Royal Bank (RY-T)
February 3, 2020
It has been a long standing core holding. It is the 11th largest bank in the world. It has a top ten global capital markets business. The long term outlook is that it should get double digit returns. (Analysts’ price target is $111.50)
DON'T BUY
DON'T BUY
February 3, 2020
It's one of the stronger Canadian banks. He sees further weakness in all the banks, though. He sees 5% downside in this sector. $98 is RY's support level.
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Royal Bank (RY-T)
February 3, 2020
It's one of the stronger Canadian banks. He sees further weakness in all the banks, though. He sees 5% downside in this sector. $98 is RY's support level.
Javed Mirza

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Price
$104.580
Owned
Unknown
BUY WEAKNESS
BUY WEAKNESS
January 21, 2020

MFC vs. RY MFC shows a nice uptrend, but facing long-term resistance. It's overbought, so enter around $26 during a sell-off. RY's chart is moderately positive with short-term resistance around $110. Not much upside at the current $107. Enter at $102-103.

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Royal Bank (RY-T)
January 21, 2020

MFC vs. RY MFC shows a nice uptrend, but facing long-term resistance. It's overbought, so enter around $26 during a sell-off. RY's chart is moderately positive with short-term resistance around $110. Not much upside at the current $107. Enter at $102-103.

TOP PICK
TOP PICK
January 14, 2020

RY still gained 10% last year despite a sluggish year for Canadian banks. Not bad. They're well positioned in the US (23% of their revenues). Trades at 11x forward PE, a discount from their 10-year average. JPM trades at a higher multiple than RY. RY's earnings growth will be 5%, based on slow, moderate Canadian growth (though she doesn't see a Canadian recession). RY will continue to raise its dividend. (Analysts’ price target is $111.25)

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Royal Bank (RY-T)
January 14, 2020

RY still gained 10% last year despite a sluggish year for Canadian banks. Not bad. They're well positioned in the US (23% of their revenues). Trades at 11x forward PE, a discount from their 10-year average. JPM trades at a higher multiple than RY. RY's earnings growth will be 5%, based on slow, moderate Canadian growth (though she doesn't see a Canadian recession). RY will continue to raise its dividend. (Analysts’ price target is $111.25)

COMMENT
COMMENT
January 8, 2020

CDN Bank shares or ETF? As a porfolio manager, he prefers to use his expertise to pick individual stocks. An ETF gives you the group and no ability to outperform. Canadian banks are favorable over US counterparts he thinks, including the higher yield. He likes BNS and RY. He does not hold much in TD at the moment. He holds about 20% of his portfolio in banks.

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Royal Bank (RY-T)
January 8, 2020

CDN Bank shares or ETF? As a porfolio manager, he prefers to use his expertise to pick individual stocks. An ETF gives you the group and no ability to outperform. Canadian banks are favorable over US counterparts he thinks, including the higher yield. He likes BNS and RY. He does not hold much in TD at the moment. He holds about 20% of his portfolio in banks.

PARTIAL BUY
PARTIAL BUY
January 3, 2020
Time to take profit? It would be beneficial to the banks if interest rates went higher. Canadian banks dealt with higher loan losses last year and M&A activity was down. If that does not materialize again this year, this would be a good entry point.
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Royal Bank (RY-T)
January 3, 2020
Time to take profit? It would be beneficial to the banks if interest rates went higher. Canadian banks dealt with higher loan losses last year and M&A activity was down. If that does not materialize again this year, this would be a good entry point.
BUY
BUY
December 16, 2019

He's still bullish the Canadian banks, though capital appreciation will be tougher based on a weaker earnings outlook. Consumers have borrowed enough with net interest margins tightening. The banks are still good for income investors. RY pays a 4% yield and trades at an 11x PE, and pays a 2-3% earnings growth. Total return over 3-5 years he guesses around 68%. good dividend. Growth is slow, but he sees the banks as inexpensive utilities. BNS, then TD and RY offer the best value.

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Royal Bank (RY-T)
December 16, 2019

He's still bullish the Canadian banks, though capital appreciation will be tougher based on a weaker earnings outlook. Consumers have borrowed enough with net interest margins tightening. The banks are still good for income investors. RY pays a 4% yield and trades at an 11x PE, and pays a 2-3% earnings growth. Total return over 3-5 years he guesses around 68%. good dividend. Growth is slow, but he sees the banks as inexpensive utilities. BNS, then TD and RY offer the best value.

Showing 1 to 15 of 1,370 entries

Royal Bank(RY-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 24

Neutral - Hold Signals / Votes : 6

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 32

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, 32 stock analysts published opinions about RY-T. 24 analysts recommended to BUY the stock. 2 analyst recommended to SELL the stock. The latest stock analyst recommendation is TOP PICK. 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 Michael Sprung on 2020-03-17. 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?

32 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 2020-04-02, Royal Bank (RY-T) stock closed at a price of $83.66.