Related posts

Banks lift TSX, CRM sinks DowWednesday this is how the markets closedMarkets up on Friday
Investor Insights

This summary was created by AI, based on 38 opinions in the last 12 months.

Based on the reviews above, the consensus seems to be that Royal Bank (RY-T) is a stable and sound long-term investment in the Canadian banking sector. It is seen as a strong and diversified bank with potential for international expansion and cross-selling. The acquisition of HSBC is viewed as attractive and is expected to generate profits. The dividend yield of around 4% is considered safe and reliable, making RY a good choice for long-term investors.

Consensus
Stable
Valuation
Fair Value
Similar
TD-Toronto Dominion
BUY
Royal Bank

Wonderfully run. A great chart. They did a large acquisition when its peers were tied up. Banks in general have been beaten up, so RY's PE is a reasonable 12x PE. Likes it a lot.

banks
WAIT
Royal Bank

RY is a bit pricey right now. 

banks
WEAK BUY
Royal Bank

If he could own only one, this would be it. Better managed, better strategy, more on point. See his Top Picks.

banks
TOP PICK
Royal Bank

Best in show and firing on all cylinders. Capital markets really grew; all their businesses are growing. Loves that they bought HSBC, a great way to grow.

(Analysts’ price target is $154.79)
banks
PARTIAL SELL
Royal Bank

It's done well the past year, and taken away leadership from TD. You can take some profits, but longer term the Canadian banks do well, though they are in a holding pattern now.

banks
BUY
Royal Bank

As markets make new highs - banking is beginning to catch up. Running room for the business. Believes interest rates will remain high - good time to own Canadian banks. Excellent wealth management business as well. Would recommend buying. Very strong brand. 

banks
BUY
Royal Bank

Likes it. Canadian banks have dramatically underperformed over the last couple of years. Yet dividends are rock solid. All are in incredibly strong shape due to tight regulations. It's only a matter of time before attention comes back to Canada and takes advantage of banks. 

Despite low productivity, we're a growth country because of immigration. Value to be had.

banks
BUY
Royal Bank

Strong business - bear oligopoly of sector in Canada. Leading bank in Canada. Continues to own shares in business. Would recommend for the long term investors. Strong balance sheet and profit margins. Management team continues to perform well. 

banks
BUY
Royal Bank

More for the dividend and some small growth. For new money, probably better to add as a lump sum, rather than dollar cost averaging. This way, you get your dividend sooner.

banks
BUY
Royal Bank
Favourite Canadian bank to add to a young investor's portfolio?

Always one of her top holdings. In general, Canadian banking sector is a sound, long-term investment. Diversified geographically and operationally. HSBC acquisition is very attractive, synergies, opens door to international expansion and cross-selling.

banks
TOP PICK
Royal Bank

Currently selling at premium to other banks in the market, but valuation is justified. RBC offers stability for investors in case markets fall. Very strong balance sheet and steady stream of earnings. Dividend ~4% is safe and reliable. Compliance issues behind company. Recent closing of HSBC Canada will generate profits going forward. Offers good value for long term investors. 

banks
WEAK BUY
Royal Bank

If you're going to buy in the space, BMO and RY are the two to consider. Accretion from acquisitions is working for both. BMO is 2 points cheaper. Still, he'd rather go with insurance -- MFC first, IFC second.

banks
HOLD
Royal Bank

Banks are good to own for the long term. They did reduce their holdings 1 1/2 years ago. He wants to see how the digestion of its mortgage business runs through the financial system. Banks are getting the benefit of higher interest rates but the bulk of refinancing mortgages at higher rates is still to come over the next one to 1 1/2 years. He wouldn't add at this time.

banks
WEAK BUY
Royal Bank
RY vs. TD

Both are the right ones to look at. Slight preference at the moment is towards TD on valuation. Bit more negative sentiment on TD due to regulatory scrutiny. Typical cycle of what happens to all the large banks, but no skeletons lurking. Both are buys today. Valuations are fairly attractive. Outlook for dividend growth isn't as strong given current environment, but still good dividend vehicles.

banks
BUY
Royal Bank

RY is the 800-pound gorilla, with the ability to maneuver the banking sector any way it wants. He's long this one in his core strategy.

banks
Showing 1 to 15 of 1,501 entries

Royal Bank(RY-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 27

Neutral - Hold Signals / Votes : 5

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 33

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, 33 stock analysts published opinions about RY-T. 27 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?

33 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 2024-06-18, Royal Bank (RY-T) stock closed at a price of $142.39.