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Royal Bank

RY-T

TSE:RY

127.20
0.92 (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.
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Analysis and Opinions about RY-T

Signal
Opinion
Expert
Chart
COMMENT
COMMENT
July 23, 2021

Owns these two banks. BNS is Canadian and Latin America, where as RBC is Canada and US. Likes BNS's exposure to Latin America. Currently under covid, it is being more hurt. The stock is lagging here because of this. RBC is doing better due to Canada and US doing better. Over the long term, RBC is the stronger and better bank, but both are good choices.

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Royal Bank (RY-T)
July 23, 2021

Owns these two banks. BNS is Canadian and Latin America, where as RBC is Canada and US. Likes BNS's exposure to Latin America. Currently under covid, it is being more hurt. The stock is lagging here because of this. RBC is doing better due to Canada and US doing better. Over the long term, RBC is the stronger and better bank, but both are good choices.

Norman Levine
Price
$125.320
Owned
Yes
TOP PICK
TOP PICK
July 20, 2021

It's regained its longtime premium valuation for good reason. It dominates in many areas including retail and trading. RY boasts an 18% ROE. That may last. Even at current prices, RY is well-positioned for economic recovery. It's more Canada-centric than most peers, though it does have international exposure. Pays a good 3.5% dividend yield. He foresees margin expansion among the Canadian banks, which are good at managing costs. A question is how many of their employees will come back. BNS is his second-favourite Canadian bank. (Analysts’ price target is $135.71)

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Royal Bank (RY-T)
July 20, 2021

It's regained its longtime premium valuation for good reason. It dominates in many areas including retail and trading. RY boasts an 18% ROE. That may last. Even at current prices, RY is well-positioned for economic recovery. It's more Canada-centric than most peers, though it does have international exposure. Pays a good 3.5% dividend yield. He foresees margin expansion among the Canadian banks, which are good at managing costs. A question is how many of their employees will come back. BNS is his second-favourite Canadian bank. (Analysts’ price target is $135.71)

Michael Sprung
Price
$126.300
Owned
Yes
BUY
BUY
July 13, 2021
She likes Canadian banks and RY is one of three she owns. Yes, they've run up this year, but were weak last year. Loan growth will resume with the economic recovery. There's still earnings upside which will drive share price. Valuations remain reasonable. Ottawa will probably allow banks to raise dividends in the fall. She's been adding at $125/share. Share prices will reflect the Canadian economy.
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Royal Bank (RY-T)
July 13, 2021
She likes Canadian banks and RY is one of three she owns. Yes, they've run up this year, but were weak last year. Loan growth will resume with the economic recovery. There's still earnings upside which will drive share price. Valuations remain reasonable. Ottawa will probably allow banks to raise dividends in the fall. She's been adding at $125/share. Share prices will reflect the Canadian economy.
Christine Poole
Price
$127.790
Owned
Yes
BUY
BUY
July 7, 2021
He likes the Canadian banks. Still going to perform well. It outperforms the TSX 4/5 years but didn't last year, so odds on that it will this year. Net interest margin pressure in the rear view mirror. Credit loss cycle more benign than feared. Top 10 global leader in capital markets. Great wealth management. OFSI likely to take handcuffs off the banks, leading to aggressive dividend increases and share buybacks. Good things ahead.
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Royal Bank (RY-T)
July 7, 2021
He likes the Canadian banks. Still going to perform well. It outperforms the TSX 4/5 years but didn't last year, so odds on that it will this year. Net interest margin pressure in the rear view mirror. Credit loss cycle more benign than feared. Top 10 global leader in capital markets. Great wealth management. OFSI likely to take handcuffs off the banks, leading to aggressive dividend increases and share buybacks. Good things ahead.
Brian Madden
Price
$126.190
Owned
Yes
BUY
BUY
June 30, 2021

RY vs. BMO He'd favour RY over BMO. BMO has a large franchise in the US midwest. RY is more active in the east and south. RY is better managed, and that's why it has a higher valuation. Won't go too far wrong owning it. Well positioned with their US footprint, as well as being the largest and most dominant player in Canada.

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Royal Bank (RY-T)
June 30, 2021

RY vs. BMO He'd favour RY over BMO. BMO has a large franchise in the US midwest. RY is more active in the east and south. RY is better managed, and that's why it has a higher valuation. Won't go too far wrong owning it. Well positioned with their US footprint, as well as being the largest and most dominant player in Canada.

Colin Stewart
Price
$125.370
Owned
Unknown
HOLD
HOLD
May 26, 2021
Another favourite of his. Tax-preferred dividends, even though it's on a global scale. Quality is well understood by the markets. Not sure if dividend hikes are imminent. His concern is that they overreach in capital markets, and get away from the crown jewels of the Canadian banking brands. Own, put it away, and don't think about it.
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Royal Bank (RY-T)
May 26, 2021
Another favourite of his. Tax-preferred dividends, even though it's on a global scale. Quality is well understood by the markets. Not sure if dividend hikes are imminent. His concern is that they overreach in capital markets, and get away from the crown jewels of the Canadian banking brands. Own, put it away, and don't think about it.
Kevin Burkett
Price
$124.380
Owned
Unknown
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
Showing 1 to 15 of 1,408 entries

Royal Bank(RY-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 16

Neutral - Hold Signals / Votes : 3

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. 16 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 Norman Levine on 2021-07-23. 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 2021-08-04, Royal Bank (RY-T) stock closed at a price of $127.2.