A statement released earlier today by Dundee Securities about Royal Bank Of Canada (TSE:RY) bumps the target price to $87.00
- Updated: September 21, 2016
Reporting as potential upside of 0.07%, Dundee Securities upped the price target of Royal Bank Of Canada (TSE:RY) to $87.00
On 9/2/2016, CIBC World Markets released a statement about Royal Bank Of Canada (TSE:RY) upped the target price from $84.00 to $87.00 that suggested an upside of 0.07%.
Having a price of $81.40, Royal Bank Of Canada (TSE:RY) traded 0.45% higher on the day. With the last stock price up 4.26% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. RY has recorded a 50-day average of $80.68 and a two hundred day average of $78.10. Trade Volume was down over the average, with 1,042,233 shares of RY changing hands under the typical 1,998,690
Recent Performance Chart
Royal Bank Of Canada has PE ratio of 11.86 with a one year low of $64.52 and a one year high of $83.00 and has a market capitalization of $0.
A total of 16 brokerages have released a report on Royal Bank Of Canada. Two brokerages rating the company a strong buy, seven brokerages rating the company a buy, six brokerages rating the company a hold, three brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $64.51.
General Company Details For 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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