Royal Bank of Canada (NYSE:RY) gets upgraded to Outperform by Macquarie

Analyst Ratings For Royal Bank of Canada (NYSE:RY)

Story continues below

Today, Royal Bank of Canada (NYSE:RY) stock received an upgrade by Macquarie from Neutral to Outperform.

There are 8 Buy Ratings, 3 Hold Ratings, 1 Sell Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on Royal Bank of Canada (NYSE:RY) is Buy with a consensus target price of $102.00 per share, a potential 42.92% upside.

Some recent analyst ratings include

  • 12/12/2018-Royal Bank of Canada (NYSE:RY) gets upgraded to Outperform by Macquarie
  • 12/11/2018-Royal Bank of Canada (NYSE:RY) had its Buy rating reiterated by Desjardins
  • 12/10/2018-Royal Bank of Canada (NYSE:RY) gets upgraded to Buy by TD Securities
  • 12/2/2018-Royal Bank of Canada (NYSE:RY) had its Buy ➝ Average rating reiterated by Scotiabank with a $115.00 price target
  • 11/28/2018-Royal Bank of Canada (NYSE:RY) had its Sell rating reiterated by Barclays
  • 11/22/2018-Royal Bank of Canada (NYSE:RY) had its Hold rating reiterated by Canaccord Genuity

    About Royal Bank of Canada (NYSE:RY)
    Royal Bank of Canada operates as a diversified financial service company worldwide. The company's Personal & Commercial Banking segment offers check and savings accounts; home equity and auto financing, personal lending, private banking, mutual fund, self-directed brokerage account, and guaranteed investment certificate services; and credit cards, and payment products and solutions for individuals. It also provides lending, leasing, deposit, investment, foreign exchange, cash management, auto dealer financing, and trade products and services to small and medium-sized commercial businesses. In addition, this segment offers international financing and trade promotion services through branches, automated teller machines, and online and mobile banking. The company's Wealth Management provides investment, trust, banking, credit, and other wealth management solutions to high and ultra-high net worth clients; and asset management products to institutional and individual clients through its distribution channels and third-party distributors. Its Insurance segment offers life, health, home, auto, travel, wealth, annuities, and reinsurance advice and solutions; and creditor and business insurance services to individual, business, and group clients through its field sales force, advice centers, and online, as well as through independent insurance advisors and affinity relationships. The company's Investor & Treasury Services segment provides asset, cash management, transaction banking, and treasury services to institutional clients; correspondent banking and trade finance services for financial institutions; and short-term funding and liquidity management services. Its Capital Markets segment offers corporate and investment banking, as well as equity and debt origination, distribution, sale, and trading services for corporations, institutional investors, asset managers, governments, and central banks. The company was founded in 1864 and is headquartered in Toronto, Canada.

    Recent Trading Activity for Royal Bank of Canada (NYSE:RY)
    Shares of Royal Bank of Canada closed the previous trading session at 71.15 up +1.39 1.99% with shares trading hands.

    An ad to help with our costs