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Royal Bank of Canada (NYSE:RY) has been upgraded to Buy in a statement by Canaccord Genuity earlier today.

Boasting a price of $61.94, Royal Bank of Canada (NYSE:RY) traded 0.42% higher on the day. With the last stock price close up 3.42% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Royal Bank of Canada has recorded a 50-day average of $62.01 and a two hundred day average of $60.80. Volume of trade was up over the average, with 889,915 shares of RY changing hands over the typical 873,912

Canaccord Genuity has upgraded Royal Bank of Canada (NYSE:RY) to Buy in a statement released on Thursday October 13, 2016.

Performance Chart

Royal Bank of Canada (NYSE:RY)

With a total market value of $0, Royal Bank of Canada has price-earnings ratio of 12.11 with a one year low of $44.37 and a one year high of $64.13 .

Brief Synopsis About Royal Bank of Canada (NYSE: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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