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This summary was created by AI, based on 54 opinions in the last 12 months.

Royal Bank (RY) has been recognized widely among experts as a leader in the Canadian banking sector, known for its strong wealth management services and solid capital markets business. Many analysts highlight its exceptional balance sheet and premium assets, indicating a well-managed institution poised for consistent growth. However, some express caution over its current valuation, suggesting it may be slightly overpriced compared to peers, which invites speculation about potential pullbacks. Despite these differing views, a vast majority regards RY as a 'core hold' with a robust dividend yield, positioning it favorably for long-term investors. Additionally, the recent acquisition of HSBC is seen as a strategic move that could enhance its market position and future earnings prospects.

Consensus
Positive
Valuation
Overvalued
PAST TOP PICK
(A Top Pick Mar 15/24, Up 27%)

RY is the least-exposed bank exposed to tariffs. Good. Volatilty in capital markets benefits RY's cap markets division. The dividend is reasonable and now trades at a premium valuation in this sector, but this is deserved.

BUY
RY vs. NA

Both have a very large domestic presence, which helps them in this environment. Both had very good numbers last quarter and are very good businesses. As expected, all banks increased credit provisions.

RY will benefit more from its large capital markets business. Volatility helps capital markets a lot; perhaps you won't get the M&A, but a lot of trading goes on with equity, debt, and other derivatives. It's global. Expectation in US of deregulation in financial services; if so, RY will benefit a lot more than NA.

NA is smaller and more focused in Quebec, though the CWB acquisition is changing that.

BUY

Good time to buy. Multiple has contracted on prospect of a slowing economy and potential for increased loan loss provisions. As a group, banks have been increasing loan loss provisions for a couple of years. Unknown how tariffs will impact economy; but RY is diversified with strong retail deposit base. HSBC Canada integration going well, source of future growth. Attractive dividend, increases a bit each year.

WEAK BUY

His big position in Canada. Leader in wealth management. Great capital markets business. Great balance sheet. Very well managed. When you get into a sloppy market, you want to own the best. Thinks you could buy this here, but he's not adding any new positions in anything at all right now.

STRONG BUY

Likes the big 5 Canadian banks; all have wealth management, retail, and commercial banking in Canada. This one is among the cream of the crop, over-capitalized, best performer. Rock-solid dividend yield ~4%. Nothing not to like about it. Best in wealth management. Steady dividend growth.

BUY ON WEAKNESS

His least-favourite Canadian bank, the most over-valued. Prefers TD because it was beaten up, and BNS for better value. If it's new money, wait till $130-140, though you could buy a small tranche yere.

BUY ON WEAKNESS

The gold standard. Paying a premium valuation for a premium asset. Good opportunity to buy if it came off a bit. Because of its premium status, it's come off less than the others.

BUY

Value scores 8/10, fundamentals 8/10. King of capital, resilience, and diversified lending. Steady, consistent beats compared to the other Canadian banks. Strong Q1, shrugging off a lot of the rate cut noise. Still sees upside in wealth management and US expansion. Rock-solid balance sheet that can weather any storm.

Slowing mortgage growth, which could continue if Canadian housing slows and tariffs ramp up. Core hold for her on reliability and growth.

PAST TOP PICK
(A Top Pick Feb 09/24, Up 29%)

Will benefit from any passive flows given its huge weight in ETFs. A quality company. Is not overly concerned with credit losses.

WEAK BUY

In his opinion, the only quality banks in Canada are RY and NA. Best run for decades. He's not a huge bull on the Canadian banks, but this is one of the two names he'd buy.

HOLD

The best Canadian bank.

BUY

Her favourite Canadian bank. Well positioned domestically, US operations will benefit from capital markets activity. HSBC acquisition should increase potential domestically. 

PAST TOP PICK
(A Top Pick Jun 25/19, Up 94%)

Excellent bank with international presence. Will continue to own shares. Brand value very strong in Canada. Will continue to buy whenever the share price dips. Balance sheet excellent. Not exposed to the threat of tariffs from the USA. 

BUY ON WEAKNESS

Rotated out of TD and into RY with its strong wealth management, giving their portfolio the needed US exposure.

HOLD

Owns and likes.

Showing 1 to 15 of 1,549 entries

Royal Bank(RY-T) Rating

Ranking : 4 out of 5

Star iconStar iconStar iconStar iconStar empty icon

Bullish - Buy Signals / Votes : 3

Neutral - Hold Signals / Votes : 3

Bearish - Sell Signals / Votes : 3

Total Signals / Votes : 9

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, 9 stock analysts published opinions about RY-T. 3 analysts recommended to BUY the stock. 3 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?

9 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 2025-05-02, Royal Bank (RY-T) stock closed at a price of $167.43.