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Royal Bank (RY-T) opinion on 2017-01-11

Last Price Recorded: 106.2800 on 2018-01-17

ON STOCKCHASE SINCE Oct 2000

banks
banks
BUY

Christine Poole
Royal Bank was $93.890 at time of opinion
Owned : Yes

Canadian Banks? They’ve had a very good 2016, but remember that 2015 was a negative year for banks. They were down about 11% on average because of concerns on energy, housing crisis, etc. Earnings were revised upwards and multiple expansions back to historical averages. She still likes them, because she is constructive on the Canadian and US economy. Her long-time favourites have been Royal Bank (RY-T) and Toronto Dominion (TD-T), and also owns Bank of Montréal (BMO-T). TD and Royal have exposure to the US with TD at about 25%-30%, and Royal at 22%. Thinks Royal’s is going to increase as they are now integrating City National. These both are trading at reasonable valuations.

UNKNOWN

All opinions for RY-T (1255)

419 BUY
37 BUY on WEAKNESS
130 COMMENT
172 DON'T BUY
132 HOLD
3 PARTIAL BUY
4 PARTIAL SELL
90 PAST TOP PICK
15 SELL
2 SELL ON STRENGTH
8 STRONG BUY
173 TOP PICK
5 VAGUE
28 WAIT
6 WATCH
30 WEAK BUY
1 Unspecified
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All opinions for RY-T (1255)

419 BUY
37 BUY on WEAKNESS
130 COMMENT
172 DON'T BUY
132 HOLD
3 PARTIAL BUY
4 PARTIAL SELL
90 PAST TOP PICK
15 SELL
2 SELL ON STRENGTH
8 STRONG BUY
173 TOP PICK
5 VAGUE
28 WAIT
6 WATCH
30 WEAK BUY
1 Unspecified
View All

More experts covering RY-T

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Add RY-T to Watch List

Last 60 Days Opinions

BUY
1 week ago
PAST TOP PICK
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TOP PICK
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BUY
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