Royal Bank

RY-T

TSE:RY

104.99
0.23 (0.22%)
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
BUY
BUY
December 19, 2018
2018 earnings were up by 14%. ROE is at 18%. Premium customer base in Canada. Trading at a premium to the group. The credit cycle is aging. He models growth at 5.5% combined with a nice dividend. At some point investors are going to decide they want to buy.
Royal Bank (RY-T)
December 19, 2018
2018 earnings were up by 14%. ROE is at 18%. Premium customer base in Canada. Trading at a premium to the group. The credit cycle is aging. He models growth at 5.5% combined with a nice dividend. At some point investors are going to decide they want to buy.
Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$92.680
Owned
Unknown
TOP PICK
TOP PICK
December 18, 2018

This bank has scale and they´ve been doing cost-cutting. They're spending millions in e-techonology to stay ahead. Capital markets, wealth management and insurance are doing well. They can beat this year's huge profit margin in 2019. (Analysts’ price target is $110.14)

Royal Bank (RY-T)
December 18, 2018

This bank has scale and they´ve been doing cost-cutting. They're spending millions in e-techonology to stay ahead. Capital markets, wealth management and insurance are doing well. They can beat this year's huge profit margin in 2019. (Analysts’ price target is $110.14)

Douglas Kee
Chief Investment Officer, Leon Frazer & Associates
Price
$93.800
Owned
Yes
PAST TOP PICK
PAST TOP PICK
December 10, 2018
(A Top Pick Sep 11/17, Up 8%) It pulled back recently. It is oversold again. It has been growing its earnings for 8+ years at 8% per year. It is still a buying opportunity.
Royal Bank (RY-T)
December 10, 2018
(A Top Pick Sep 11/17, Up 8%) It pulled back recently. It is oversold again. It has been growing its earnings for 8+ years at 8% per year. It is still a buying opportunity.
Teal Linde
Portfolio Manager & Publisher, Linde Equity Report, Linde Equity Report
Price
$94.090
Owned
Yes
PAST TOP PICK
PAST TOP PICK
December 4, 2018
(A Top Pick Nov 30/17, Up 0.1%) It's tread water as the overall markets have been down the past year. It pays a 4% dividend which consistently grows 7%. Good returns over the course of a cycle, though maybe not every year.
Royal Bank (RY-T)
December 4, 2018
(A Top Pick Nov 30/17, Up 0.1%) It's tread water as the overall markets have been down the past year. It pays a 4% dividend which consistently grows 7%. Good returns over the course of a cycle, though maybe not every year.
Brian Madden
Senior VP & Portfolio Manager, Goodreid Investment Council
Price
$96.710
Owned
Yes
TOP PICK
TOP PICK
December 4, 2018
A core holding. RY is the dominant Canadian bank (commercial and personal) and has the premier wealth management franchise. Insurance and investor/treasury services business nicely round out their operations. They're also nicely diversified by geography, such as the U.S. A leader in e-banking and an emerging leader in A.I. They can build a sustainable, competitive advantage with their large scale of operations. They can sustain their 4% dividend and 7% increase. (Analysts’ price target is $110.48)
Royal Bank (RY-T)
December 4, 2018
A core holding. RY is the dominant Canadian bank (commercial and personal) and has the premier wealth management franchise. Insurance and investor/treasury services business nicely round out their operations. They're also nicely diversified by geography, such as the U.S. A leader in e-banking and an emerging leader in A.I. They can build a sustainable, competitive advantage with their large scale of operations. They can sustain their 4% dividend and 7% increase. (Analysts’ price target is $110.48)
Brian Madden
Senior VP & Portfolio Manager, Goodreid Investment Council
Price
$96.710
Owned
Yes
BUY
BUY
November 30, 2018
Banks have taken a bit of a hit recently in the market, as people moved away from equities. Last quarter was excellent. He prefers TD because of the US holdings, but you could buy any of the banks now. 2% growth is good for the banks. (Analysts’ price target is $110.00)
Royal Bank (RY-T)
November 30, 2018
Banks have taken a bit of a hit recently in the market, as people moved away from equities. Last quarter was excellent. He prefers TD because of the US holdings, but you could buy any of the banks now. 2% growth is good for the banks. (Analysts’ price target is $110.00)
David Cockfield
Managing Director, Northland Wealth Management
Price
$97.420
Owned
Unknown
BUY WEAKNESS
BUY WEAKNESS
November 20, 2018
Negative push towards Canada from outside (housing levels, debt), and this includes the banks. But he’s positive on Canadian banks, they earn a lot of money. If housing does decline, those profits let banks weather the storm. Trade at good values, good profits, dividends are safe and valuable in times of market volatility. If you have a position already, you can afford to nibble away at it.
Royal Bank (RY-T)
November 20, 2018
Negative push towards Canada from outside (housing levels, debt), and this includes the banks. But he’s positive on Canadian banks, they earn a lot of money. If housing does decline, those profits let banks weather the storm. Trade at good values, good profits, dividends are safe and valuable in times of market volatility. If you have a position already, you can afford to nibble away at it.
Zachary Curry
Chief Operating Officer & Portfolio Manager, Davis-Rea Ltd.
Price
$93.620
Owned
Unknown
BUY
BUY
November 15, 2018
As a long-term play in a TFSA? Great, because of its good fundamentals. It's been unfairly penalized by the market lately. It is exposed to the U.S., which is good. Fine valuation.
Royal Bank (RY-T)
November 15, 2018
As a long-term play in a TFSA? Great, because of its good fundamentals. It's been unfairly penalized by the market lately. It is exposed to the U.S., which is good. Fine valuation.
Andrew Pyle
Senior wealth advisor and portfolio manager, The Pyle Group, Scotia Wealth Mgt.
Price
$95.650
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
November 6, 2018
(A Top Pick Apr 23/18, Up 0%) All the Canadian banks have been sideways and we just saw a market correction. Still likes it and is adding to it. Nothing fundamentally wrong with this
Royal Bank (RY-T)
November 6, 2018
(A Top Pick Apr 23/18, Up 0%) All the Canadian banks have been sideways and we just saw a market correction. Still likes it and is adding to it. Nothing fundamentally wrong with this
Rick Stuchberry
Portfolio Manager, Wellington-Altus Private Wealth
Price
$95.540
Owned
Yes
BUY
BUY
October 26, 2018

All Canadian banks are cheap now. There are concerns about Canadian debt levels effecting housing, but there are steps taken to cool that down. Valuations are very low. RY has a lot of deposits and good U.S. prescence, many levers to pull. TD, RY and BMO is how he'd rank the banks and you can buy them all now at these levels.

Royal Bank (RY-T)
October 26, 2018

All Canadian banks are cheap now. There are concerns about Canadian debt levels effecting housing, but there are steps taken to cool that down. Valuations are very low. RY has a lot of deposits and good U.S. prescence, many levers to pull. TD, RY and BMO is how he'd rank the banks and you can buy them all now at these levels.

Greg Newman
Director & Portfolio Manager, Scotia Wealth Management
Price
$94.490
Owned
Unknown
BUY
BUY
October 25, 2018

Rising rates are generally good for the banks. If you are a medium to long term investor, you could be comfortable buying any of the Canadian banks. He does like Royal. They have made some strategic investments into the US market. You will get dividend yield and some growth potential.

Royal Bank (RY-T)
October 25, 2018

Rising rates are generally good for the banks. If you are a medium to long term investor, you could be comfortable buying any of the Canadian banks. He does like Royal. They have made some strategic investments into the US market. You will get dividend yield and some growth potential.

Cole Kachur
Senior Wealth Advisor, ScotiaWealth Management
Price
$94.730
Owned
No
PARTIAL BUY
PARTIAL BUY
October 24, 2018

Yes, the Canadian banks have dropped in the past month, given rising interest rate fears, but he would hold on for the long-term. Compared to a decade ago, the banks are well-capitalized. Yes, fintech could disrupt the banking industry, but the banks are aggressive in exploring this area. RY's dividend is safe. RY's ROE may slip a bit, but it's still generous. If anything, buy instead of selling RY and Canadian banks.

Royal Bank (RY-T)
October 24, 2018

Yes, the Canadian banks have dropped in the past month, given rising interest rate fears, but he would hold on for the long-term. Compared to a decade ago, the banks are well-capitalized. Yes, fintech could disrupt the banking industry, but the banks are aggressive in exploring this area. RY's dividend is safe. RY's ROE may slip a bit, but it's still generous. If anything, buy instead of selling RY and Canadian banks.

Michael Sprung
President, Sprung Investment Management
Price
$94.600
Owned
Yes
BUY
BUY
October 24, 2018

The Canadian banks are value creators. RY is the granddaddy of them all. Ignore the short-term pullbacks and consider 5 years or more. RY will eventually rise above $150. The banks always grow their dividends around 5-7% annually. RY is the leading capital markets business and commercial and personal bank in Canada as well as wealth management. They have a good U.S. business. If you bought this recently before the correction, just hold on.

Royal Bank (RY-T)
October 24, 2018

The Canadian banks are value creators. RY is the granddaddy of them all. Ignore the short-term pullbacks and consider 5 years or more. RY will eventually rise above $150. The banks always grow their dividends around 5-7% annually. RY is the leading capital markets business and commercial and personal bank in Canada as well as wealth management. They have a good U.S. business. If you bought this recently before the correction, just hold on.

Brian Madden
Senior VP & Portfolio Manager, Goodreid Investment Council
Price
$94.600
Owned
Yes
COMMENT
COMMENT
October 16, 2018

Great bank, though he owns more of TD, because of its U.S. exposure. RY is extremely well-managed. You can't go wrong owning it. But if RY is too big a part of your portfolio, sell some of it and buy a U.S. bank like JPM. Note: Canadian dividends pay better dividends and benefit from Canada's dividend tax credit, whereas you're taxed more on U.S. banks. He sees more upside with American banks, but check with your accountant and advisor about the taxes first. Otherwise, but another Canadian bank.

Royal Bank (RY-T)
October 16, 2018

Great bank, though he owns more of TD, because of its U.S. exposure. RY is extremely well-managed. You can't go wrong owning it. But if RY is too big a part of your portfolio, sell some of it and buy a U.S. bank like JPM. Note: Canadian dividends pay better dividends and benefit from Canada's dividend tax credit, whereas you're taxed more on U.S. banks. He sees more upside with American banks, but check with your accountant and advisor about the taxes first. Otherwise, but another Canadian bank.

Michael Decter
President & CEO, Lawrence Decter Investment Counsel
Price
$99.660
Owned
Yes
PAST TOP PICK
PAST TOP PICK
September 14, 2018

(Past Top Pick, Oct. 30, 2017, Up 5%) Sold it to buy BMO. RY has hit resistance. But you can't go wrong starting in Canadian banks by buying RY. Plus, we're entering seasonality for Canadian banks.

Royal Bank (RY-T)
September 14, 2018

(Past Top Pick, Oct. 30, 2017, Up 5%) Sold it to buy BMO. RY has hit resistance. But you can't go wrong starting in Canadian banks by buying RY. Plus, we're entering seasonality for Canadian banks.

Hap (Robert) Sneddon FCSI
Chief Portfolio Manager & Founder, Castlemoore Inc.
Price
$103.070
Owned
No
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