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Investor Insights

This summary was created by AI, based on 39 opinions in the last 12 months.

Experts generally indicate that Royal Bank (RY-T) is a well-managed, stable and valuable company, with a strong balance sheet and dividend yield. They also mention concerns over interest rates, integration of recent acquisitions, and potential credit losses. However, most agree that it is a good long-term investment, especially with its focus on wealth management and international expansion.

Consensus
Positive
Valuation
Fair Value
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
PARTIAL BUY
Royal Bank

He'd never say sell RY. Great to hold long term. If we're going to get granular, hit a bit of a lull around $135. Probably will see interest again around $126. Hold. If you don't own any, the best one to buy a starter position in today.

banks
HOLD
Royal Bank

He owns RY and TD in the space. More stable and diversified than the others.

banks
PAST TOP PICK
Royal Bank
(A Top Pick Nov 02/22, Up 12%)

Stick with it. The banks offer stability and pretty good value. RY has regained its premium valuation. Their yield is still above 4%. They remain the top bank in Canada and are prominent internationally. The big question with the banks is what will happen with the loan books. All the banks have made aggressive moves in loan loss provisions, though.

banks
BUY
Royal Bank

If interest rates decline as he expects, the banks will absorb any losses that arise, but that loss ratio will be a lot of lower if rates normalize. He likes the whole group, but you're safer with RY. TD offers a lower PE, true. RY is a steady producer, is the highest-quality Canadian bank. 

banks
BUY
Royal Bank

Banks will do better next year, with rates coming down or remaining stable at the very least. Issue with RY is integrating its approved takeover of HSBC. Low expectations going into Q1. Will be higher than it is today.

banks
PAST TOP PICK
Royal Bank
(A Top Pick Dec 16/22, Up 9%)

Core bank holding. Consistent, great credit culture. Layoffs should improve productivity ratios. HSBC will be a great acquisition, providing a way to increase wealth management plus gain access to immigrant customer base.

banks
HOLD
Royal Bank

Not a fundamental analyst, but banks are quality companies. Chart looking mediocre. Would wait to buy once shares start to rise. Rally probably based on "dovish" announcements from US Fed. 

banks
TOP PICK
Royal Bank

Good risk management company. High quality management team with excellent franchise value. Does not think interest rates will fall as quickly as expected. Credit losses will not be as high as predicted. Good long term investment. 

banks
Unspecified
Royal Bank

The support level is at $119 which would be a good buying opportunity. It should get back to the mid $120's by the end of the year. Set your stop loss at $113. CIBC and TD are his big bank holdings. Prices will be affected by positive inflation and interest rate news.

banks
TOP PICK
Royal Bank

Banks are reflecting lots of bad news in the Canadian economy. Likes the HSBC acquisition, should add to long-term growth. Diversified. Attractive multiple around 10.5x earnings, 1.4x book. Loan loss provisions will climb a bit, but manageable. Banks report next week. Highly regulated industry. Hopes City National in US to stabilize soon. Yield is 4.52%.

(Analysts’ price target is $133.85)
banks
Showing 1 to 15 of 1,491 entries

Royal Bank(RY-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 25

Neutral - Hold Signals / Votes : 7

Bearish - Sell Signals / Votes : 0

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. 25 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 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?

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 2024-03-18, Royal Bank (RY-T) stock closed at a price of $134.34.