Royal Bank

RY-T

TSE:RY

121.86
0.72 (0.59%)
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
Chart
TOP PICK
TOP PICK
April 15, 2021
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)
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Royal Bank (RY-T)
April 15, 2021
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)
Christine Poole
Price
$117.770
Owned
Yes
PAST TOP PICK
PAST TOP PICK
April 5, 2021
(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.
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Royal Bank (RY-T)
April 5, 2021
(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.
Brian Madden
Price
$116.750
Owned
Yes
BUY
BUY
March 10, 2021

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.

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Royal Bank (RY-T)
March 10, 2021

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.

Shane Obata
Price
$116.160
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
March 9, 2021

(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.

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Royal Bank (RY-T)
March 9, 2021

(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.

Michael Sprung
Price
$114.490
Owned
Yes
PAST TOP PICK
PAST TOP PICK
March 4, 2021
(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.
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Royal Bank (RY-T)
March 4, 2021
(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.
Paul Harris, CFA
Price
$109.750
Owned
Yes
BUY
BUY
February 19, 2021
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.
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Royal Bank (RY-T)
February 19, 2021
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.
Christine Poole
Price
$109.770
Owned
Yes
PAST TOP PICK
PAST TOP PICK
February 3, 2021
(A Top Pick Feb 03/20, Up 5%) A long-time core holding. Continues to like it.
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Royal Bank (RY-T)
February 3, 2021
(A Top Pick Feb 03/20, Up 5%) A long-time core holding. Continues to like it.
Brian Madden
Price
$105.360
Owned
Yes
TOP PICK
TOP PICK
February 3, 2021
One of the 10 largest banks in the world, largest in Canada. Well diversified in business and geography. Innovator. Leader in digital and AI. Using scale to increase its competitive moat. Goal to attract 2.5 million new clients. Dividend tends to grow 7-8-9% a year, and this will continue once OSFI takes the handcuffs off. So well on their way to a return to double digit returns. Yield is 4.10%. (Analysts’ price target is $114.72)
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Royal Bank (RY-T)
February 3, 2021
One of the 10 largest banks in the world, largest in Canada. Well diversified in business and geography. Innovator. Leader in digital and AI. Using scale to increase its competitive moat. Goal to attract 2.5 million new clients. Dividend tends to grow 7-8-9% a year, and this will continue once OSFI takes the handcuffs off. So well on their way to a return to double digit returns. Yield is 4.10%. (Analysts’ price target is $114.72)
Brian Madden
Price
$105.360
Owned
Yes
BUY
BUY
January 27, 2021
A safe dividend payer for a TFSA? A Canadian bank like RY. Has a good balance sheet that will absorb loan losses.
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Royal Bank (RY-T)
January 27, 2021
A safe dividend payer for a TFSA? A Canadian bank like RY. Has a good balance sheet that will absorb loan losses.
Paul Harris, CFA
Price
$104.440
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
January 18, 2021
(A Top Pick Jan 14/20, Up 8%) She continues to like it. She likes them as a group and thinks their earnings will improve this year. The situation was not as dire as the situation was when they made their reserves last year. This puts them in a god position in terms of provisioning. Canadian banks can't increase dividends or buy back stocks until COVID is over, by regulation, so they are building a lot of capital.
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Royal Bank (RY-T)
January 18, 2021
(A Top Pick Jan 14/20, Up 8%) She continues to like it. She likes them as a group and thinks their earnings will improve this year. The situation was not as dire as the situation was when they made their reserves last year. This puts them in a god position in terms of provisioning. Canadian banks can't increase dividends or buy back stocks until COVID is over, by regulation, so they are building a lot of capital.
Christine Poole
Price
$108.360
Owned
Yes
HOLD
HOLD
December 24, 2020
Likes it and owns it. All Canadian banks are good quality with good dividend growth.
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Royal Bank (RY-T)
December 24, 2020
Likes it and owns it. All Canadian banks are good quality with good dividend growth.
Paul Harris, CFA
Price
$104.910
Owned
Yes
PAST TOP PICK
PAST TOP PICK
December 21, 2020
(A Top Pick Dec 16/19, Up 3%) It had a pretty bad year this year but then had a rally in November on news of a vaccine. They appear to be under earning. For the ROE to get back to its normalized level, earnings have to go up 18%. He considers it a buy.
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Royal Bank (RY-T)
December 21, 2020
(A Top Pick Dec 16/19, Up 3%) It had a pretty bad year this year but then had a rally in November on news of a vaccine. They appear to be under earning. For the ROE to get back to its normalized level, earnings have to go up 18%. He considers it a buy.
Teal Linde
Price
$103.720
Owned
Yes
BUY
BUY
November 25, 2020

Tough year for the banks. Q4 will be released in a few weeks, and you never know what you're going to get. Brighter days are ahead, and the market's already figured that out. BMO is not his favourite. Prefers National, TD, Royal. You'll do fine with the Canadian banks. Some concerns around fintech. Low interest rates will be a problem, but offset by recovering economy. Good time to add for dividend seekers.

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Royal Bank (RY-T)
November 25, 2020

Tough year for the banks. Q4 will be released in a few weeks, and you never know what you're going to get. Brighter days are ahead, and the market's already figured that out. BMO is not his favourite. Prefers National, TD, Royal. You'll do fine with the Canadian banks. Some concerns around fintech. Low interest rates will be a problem, but offset by recovering economy. Good time to add for dividend seekers.

Barry Schwartz
Price
$107.710
Owned
Unknown
BUY
BUY
November 5, 2020
Dividend is safe. All banks are under pressure with their net interest margin. Best wealth management franchise in Canada, and it should continue to grow. Great capital markets business that's a top 10 in the world. Well balanced geographically. Expect close to double-digit returns most years. Buy comfortably today.
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Royal Bank (RY-T)
November 5, 2020
Dividend is safe. All banks are under pressure with their net interest margin. Best wealth management franchise in Canada, and it should continue to grow. Great capital markets business that's a top 10 in the world. Well balanced geographically. Expect close to double-digit returns most years. Buy comfortably today.
Brian Madden
Price
$97.230
Owned
Yes
HOLD
HOLD
October 28, 2020
When you invest in the banking sector, you want to see organic growth in terms of loans. On capital market side, you want to see good and solid profitability. In this environment, the capital market side has done well. Organic loans have not done so well. Overall, Canadian banks are doing well on loan provisions. Sector is a hold right now. If you had to choose one, Royal Bank would be the one.
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Royal Bank (RY-T)
October 28, 2020
When you invest in the banking sector, you want to see organic growth in terms of loans. On capital market side, you want to see good and solid profitability. In this environment, the capital market side has done well. Organic loans have not done so well. Overall, Canadian banks are doing well on loan provisions. Sector is a hold right now. If you had to choose one, Royal Bank would be the one.
Andrey Omelchak
Price
$92.910
Owned
Unknown
Showing 1 to 15 of 1,402 entries

Royal Bank(RY-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 20

Neutral - Hold Signals / Votes : 4

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 24

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, 24 stock analysts published opinions about RY-T. 20 analysts recommended to BUY the stock. 0 analysts 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 Christine Poole on 2021-04-15. 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 2021-05-14, Royal Bank (RY-T) stock closed at a price of $121.86.