Royal Bank

RY-T

TSE:RY

126.68
0.72 (0.57%)
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
COMMENT
COMMENT
April 22, 2020

Big 6 Canadian Banks? Their view has been for the past few years that the environment for banks was becoming challenged as interest rates moved towards zero. The upcoming recession will make things worse. He has holdings still with TD and RY. In Japan, where interest rates have been at zero for a long time, bank stocks there have not done well. He sees the same issue for banks in the US, but feels the Canadian banks will do a little better, but like sprinting the wind. Be cautious about being too overly exposed to any one bank.

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Royal Bank (RY-T)
April 22, 2020

Big 6 Canadian Banks? Their view has been for the past few years that the environment for banks was becoming challenged as interest rates moved towards zero. The upcoming recession will make things worse. He has holdings still with TD and RY. In Japan, where interest rates have been at zero for a long time, bank stocks there have not done well. He sees the same issue for banks in the US, but feels the Canadian banks will do a little better, but like sprinting the wind. Be cautious about being too overly exposed to any one bank.

Bryden Teich
Price
$83.730
Owned
_N/A
BUY
BUY
April 21, 2020

Canadian banks should weather this storm and the dividends are safe. Now is a pretty good entry point, but you'll have to stomach upcoming very weak earnings. You'll get a good return in a few years.

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Royal Bank (RY-T)
April 21, 2020

Canadian banks should weather this storm and the dividends are safe. Now is a pretty good entry point, but you'll have to stomach upcoming very weak earnings. You'll get a good return in a few years.

Lorne Steinberg
Price
$86.810
Owned
Unknown
TOP PICK
TOP PICK
April 9, 2020
Canada's largest company. It has a top ten global capital markets business. The dominant wealth management business. It is well diversified by line of business and geography. They have compounded their dividend growth at about 8% over the last decade. (Analysts’ price target is $99.80)
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Royal Bank (RY-T)
April 9, 2020
Canada's largest company. It has a top ten global capital markets business. The dominant wealth management business. It is well diversified by line of business and geography. They have compounded their dividend growth at about 8% over the last decade. (Analysts’ price target is $99.80)
Brian Madden
Price
$87.410
Owned
Yes
TOP PICK
TOP PICK
March 17, 2020
It's rare to buy RY at 1.5x book plus get paid a yield over 5%. It's the most diverse bank and large in everything they do. If there are higher provisions for loan losses, they are one of the least-sensitive of the banks. (Analysts’ price target is $105.13)
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Royal Bank (RY-T)
March 17, 2020
It's rare to buy RY at 1.5x book plus get paid a yield over 5%. It's the most diverse bank and large in everything they do. If there are higher provisions for loan losses, they are one of the least-sensitive of the banks. (Analysts’ price target is $105.13)
Michael Sprung
Price
$83.850
Owned
Yes
PARTIAL BUY
PARTIAL BUY
March 11, 2020

RY vs TD? These are almost apples to apples. He thinks RY is the bluest of blue chip bank stocks. Both are good quality and both could drop another 5-8% lower from here. He would recommend that you could buy half of your position here.

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Royal Bank (RY-T)
March 11, 2020

RY vs TD? These are almost apples to apples. He thinks RY is the bluest of blue chip bank stocks. Both are good quality and both could drop another 5-8% lower from here. He would recommend that you could buy half of your position here.

Robert Lauzon
Price
$92.380
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
March 11, 2020
(A Top Pick Feb 21/19, Down 11%) Still likes it. One of the best banks.
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Royal Bank (RY-T)
March 11, 2020
(A Top Pick Feb 21/19, Down 11%) Still likes it. One of the best banks.
Greg Newman
Price
$92.380
Owned
Yes
BUY
BUY
March 10, 2020
Didn't fully recover today after Black Monday's huge drop. The baby was thrown out with the bathwater, and maybe there were margin calls. It partially bounced back today. It's one of the world's biggest banks and will last a long, long time. RY is the epitome of buying a stock on a dip. They pay out 40-50% of their earnings in diviednds and reinvest the rest in the business organically or buy business to raise their EPS. Most Canadian banks can grow 6-9% annually (very good) vs. the economy's 4-5%. Plus a dividend of 4%. This year, the banks will grow only 0-5%, and RY likely 4-5%. This adds to a high-single-digit or double-digit return. That's why RY outperforms the TSX in the last 19 of 25 years.
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Royal Bank (RY-T)
March 10, 2020
Didn't fully recover today after Black Monday's huge drop. The baby was thrown out with the bathwater, and maybe there were margin calls. It partially bounced back today. It's one of the world's biggest banks and will last a long, long time. RY is the epitome of buying a stock on a dip. They pay out 40-50% of their earnings in diviednds and reinvest the rest in the business organically or buy business to raise their EPS. Most Canadian banks can grow 6-9% annually (very good) vs. the economy's 4-5%. Plus a dividend of 4%. This year, the banks will grow only 0-5%, and RY likely 4-5%. This adds to a high-single-digit or double-digit return. That's why RY outperforms the TSX in the last 19 of 25 years.
Brian Madden
Price
$89.350
Owned
Unknown
HOLD
HOLD
February 18, 2020

Like TD, it's pressured by low interest rates. RY is the biggest Canadian bank and is well-run. Expect a 7-10% return this year (like last) including the yield. There are better opportunities elsewhere, but you're fine to keep holding it.

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Royal Bank (RY-T)
February 18, 2020

Like TD, it's pressured by low interest rates. RY is the biggest Canadian bank and is well-run. Expect a 7-10% return this year (like last) including the yield. There are better opportunities elsewhere, but you're fine to keep holding it.

Gerard Ferguson
Price
$108.300
Owned
Unknown
TOP PICK
TOP PICK
February 6, 2020
Book value of 1.8. Trading at 11x earnings. Built a reasonable franchise in the US. Banks have gone sideways this year, as people are worried about the real estate market and the highly levered consumer. Volatility in loan losses will be sorted out. Doesn't think we'll go into recession. Banks should continue to do well. Yield is 3.90%. (Analysts’ price target is $111.50)
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Royal Bank (RY-T)
February 6, 2020
Book value of 1.8. Trading at 11x earnings. Built a reasonable franchise in the US. Banks have gone sideways this year, as people are worried about the real estate market and the highly levered consumer. Volatility in loan losses will be sorted out. Doesn't think we'll go into recession. Banks should continue to do well. Yield is 3.90%. (Analysts’ price target is $111.50)
Paul Harris, CFA
Price
$106.950
Owned
Yes
COMMENT
COMMENT
February 5, 2020

RY vs TD vs SLF? He owns both of the banks and he prefers this space over the insurance sector. RY has a stronger approach on the wealth management side, whereas TD focuses on retail customers and has a larger presence in the US. Right now he would favour TD. Canadian banks of been held back as of late because of a unwarranted fear about the housing market in Canada. Dividends with the banks are great too.

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Royal Bank (RY-T)
February 5, 2020

RY vs TD vs SLF? He owns both of the banks and he prefers this space over the insurance sector. RY has a stronger approach on the wealth management side, whereas TD focuses on retail customers and has a larger presence in the US. Right now he would favour TD. Canadian banks of been held back as of late because of a unwarranted fear about the housing market in Canada. Dividends with the banks are great too.

Zachary Curry
Price
$106.440
Owned
_N/A
PAST TOP PICK
PAST TOP PICK
February 3, 2020
(A Top Pick Feb 26/19, Up 6%) He is happy with it. It is a core part of this Canadian portfolio. Most of the return was dividend. RY-T has outperformed the TSX for 19 of the last 25 years. These are good odds.
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Royal Bank (RY-T)
February 3, 2020
(A Top Pick Feb 26/19, Up 6%) He is happy with it. It is a core part of this Canadian portfolio. Most of the return was dividend. RY-T has outperformed the TSX for 19 of the last 25 years. These are good odds.
Brian Madden
Price
$104.580
Owned
Yes
TOP PICK
TOP PICK
February 3, 2020
It has been a long standing core holding. It is the 11th largest bank in the world. It has a top ten global capital markets business. The long term outlook is that it should get double digit returns. (Analysts’ price target is $111.50)
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Royal Bank (RY-T)
February 3, 2020
It has been a long standing core holding. It is the 11th largest bank in the world. It has a top ten global capital markets business. The long term outlook is that it should get double digit returns. (Analysts’ price target is $111.50)
Brian Madden
Price
$104.580
Owned
Yes
DON'T BUY
DON'T BUY
February 3, 2020
It's one of the stronger Canadian banks. He sees further weakness in all the banks, though. He sees 5% downside in this sector. $98 is RY's support level.
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Royal Bank (RY-T)
February 3, 2020
It's one of the stronger Canadian banks. He sees further weakness in all the banks, though. He sees 5% downside in this sector. $98 is RY's support level.
Javed Mirza
Price
$104.580
Owned
Unknown
BUY WEAKNESS
BUY WEAKNESS
January 21, 2020

MFC vs. RY MFC shows a nice uptrend, but facing long-term resistance. It's overbought, so enter around $26 during a sell-off. RY's chart is moderately positive with short-term resistance around $110. Not much upside at the current $107. Enter at $102-103.

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Royal Bank (RY-T)
January 21, 2020

MFC vs. RY MFC shows a nice uptrend, but facing long-term resistance. It's overbought, so enter around $26 during a sell-off. RY's chart is moderately positive with short-term resistance around $110. Not much upside at the current $107. Enter at $102-103.

William Chin
Price
$106.550
Owned
Unknown
TOP PICK
TOP PICK
January 14, 2020

RY still gained 10% last year despite a sluggish year for Canadian banks. Not bad. They're well positioned in the US (23% of their revenues). Trades at 11x forward PE, a discount from their 10-year average. JPM trades at a higher multiple than RY. RY's earnings growth will be 5%, based on slow, moderate Canadian growth (though she doesn't see a Canadian recession). RY will continue to raise its dividend. (Analysts’ price target is $111.25)

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Royal Bank (RY-T)
January 14, 2020

RY still gained 10% last year despite a sluggish year for Canadian banks. Not bad. They're well positioned in the US (23% of their revenues). Trades at 11x forward PE, a discount from their 10-year average. JPM trades at a higher multiple than RY. RY's earnings growth will be 5%, based on slow, moderate Canadian growth (though she doesn't see a Canadian recession). RY will continue to raise its dividend. (Analysts’ price target is $111.25)

Christine Poole
Price
$104.710
Owned
Yes
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