Royal Bank Of Canada Stock Price: Quote, Financials, Forecast & News (RY)

Royal Bank Of Canada

RY · NYSE

$211.30+$2.751.32%

As of: Aug 5, 6:01 PM

Prev Close: $208.54
Market Cap: $293.65B
Open: —
Trailing P/E: —
Day Range: $212.30 - $208.41
52W Range: $218.57 - $128.95
Forward P/E: —
EPS: —
Volume: 451.73K
Dividend Yield: —

About Royal Bank Of Canada

Royal Bank of Canada is a diversified financial-services company serving individuals, businesses, institutions and governments. It earns revenue primarily through lending spreads and deposit-taking, fees for payments and banking services, wealth-management and investment-advisory fees, insurance premiums, and capital-markets activities such as underwriting and trading. Its businesses include personal and commercial banking, wealth management, insurance and capital markets. RBC operates principally in Canada while also serving clients internationally. The supplied evidence does not provide current revenue, asset, employee, customer, or segment-contribution figures, so its present scale cannot be quantified here.

Notable Price Movement

Aug 3-7$208.540.46%
Royal Bank of Canada fell $3.84, or 1.81%, from $212.38 to $208.54 over the reported period. The stock dropped sharply to $206.45 on July 29 on volume of 1.59 million shares, then recovered to $210.12 the next day, giving back part of the rebound with a modest decline on July 31. It rose to $210.47 on August 3 before falling 0.92% to $208.54 on August 4, when volume increased to 1.60 million shares. The supplied evidence identifies no company-specific news, earnings release, guidance change, or analyst action during the week, and provides no broader market catalyst to explain the reversal.

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Symbol: RY
Type: Stock
Sector: Finance
Industry: Commercial Banks
Country: North America
Exchange: NYSE

Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 101,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 19 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com. We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/peopleandplanet.

Key Issues

Bullish view

MarketBeat reports a current target of C$262.96, while TradingKey cites a USD 230.00 target and a high forecast of USD 236.04, indicating that some published forecasts remain above the reported share price.

Bearish view

StockAnalysis reports a 12-month target of $193.65, below the latest reported price of $208.54, and describes the target as down 7.99% from that price.

Analyst Consensus

See all

Buy

14 analysts

$211

Current

—

Low

$201

Average

—

High

Average target implies -4.89% versus the current price.

Earnings History

BeatMissNo estimate

Peers

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