Royal Bank Of Canada (NYSE:RY) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 2 by 3 Brokerage Firm. 1 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 1 Brokerage Firms have advised hold.
Royal Bank Of Canada (NYSE:RY): 5 Brokerage firm Analysts have agreed with the mean estimate for the short term price target of $62.74 in Royal Bank Of Canada (NYSE:RY). However, the stock price could fluctuate by $ 4.46 from the estimate as it is suggested by the standard deviation reading. The higher estimate has been put at $68 price target with the lower price estimate is calculated at $55
Royal Bank Of Canada (NYSE:RY) rose 0.74% or 0.45 points on Tuesday and made its way into the gainers of the day. After trading began at $61.16 the stock was seen hitting $61.73 as a peak level and $60.91 as the lowest level. The stock ended up at $61.4. The daily volume was measured at 836,918 shares. The 52-week high of the share price is $63.65 and the 52-week low is $44.37. The company has a market cap of $91,377 million.
Shares of Royal Bank of Canada rose by 2.35% in the last five trading days and 3.47% for the last 4 weeks. Royal Bank of Canada is up 7.99% in the last 3-month period. Year-to-Date the stock performance stands at 17.17%.
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. It operates in five segments: Personal & Commercial Banking, which operates comprises its personal and business banking operations, as well as its auto financing and retail investment businesses; Wealth Management, which comprises Canadian Wealth Management, United States and International Wealth Management and Global Asset Management (GAM); Insurance, which operates under two business lines: Canadian Insurance and International Insurance; Investor & Treasury Services, which is a provider of asset servicing, custody, payments and treasury services, and Capital Markets, which comprises two business lines: Corporate and Investment Banking and Global Markets. It operates in three geographic segments: Canada, United States and Other International.