A statement released earlier today by BMO Capital Markets about Royal Bank Of Canada (TSE:RY) bumps the target price to $92.00
- Updated: December 1, 2016
Boasting a price of $87.38, Royal Bank Of Canada (TSE:RY) traded 0.49% higher on the day. With the last stock price close up 8.04% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. Royal Bank Of Canada has recorded a 50-day average of $84.93 and a two hundred day average of $81.00. Volume of trade was down over the average, with 1,685,409 shares of RY changing hands under the typical 2,022,650
BMO Capital Markets bumped up the target of Royal Bank Of Canada (TSE:RY) to $92.00 stating a potential upside of 0.05%.
On 11/22/2016, Canaccord Genuity released a statement for Royal Bank Of Canada (TSE:RY) bumped up the target price from $89.00 to $95.00 that suggested an upside of 0.07%.
With a total market value of $0, Royal Bank Of Canada has price-earnings ratio of 12.75 with a one year low of $64.52 and a one year high of $90.00 .
A total of 17 equity analysts have released a research note on RY. Four equity analysts rating the company a strong buy, six equity analysts rating the company a buy, five equity analysts rating the company a hold, four equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $66.78.
Brief Synopsis About Royal Bank Of Canada (TSE:RY)
Royal Bank of Canada (RBC), is a diversified financial services company. The Company provides personal and commercial banking, wealth management services, insurance, investor services and capital markets products and services on a global basis. The Company serves personal, business, public sector and institutional clients in Canada, the United States and approximately 40 other countries. The Company's business segments include Personal and Commercial Banking, Wealth Management, Insurance, Investor and Treasury Services, Capital Markets. The Company, through its segments, serves various lines of businesses, which include Personal Financial Services, Business Financial Services, Cards and Payment Solutions (Canadian Banking), Caribbean and United States Banking, Canadian Wealth Management, United States and International Wealth Management, Global Asset Management, Canadian Insurance, International Insurance, Corporate and Investment Banking, Global Markets and Other.
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