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Royal Bank Of Canada

RY · NYSE

Symbol: RY
Type: Stock
Sector: Finance
Industry: Commercial Banks, NEC
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 105,000+ 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

The Bank of Canada’s decision to hold rates at 2.25% removes an immediate policy-rate shock and can provide a more stable backdrop for lending margins and customer activity.

Bearish view

A 2.25% policy rate may still constrain loan growth and net interest income if borrowing demand remains soft, while the evidence does not show that rate stability is improving RBC’s earnings.

Analyst Consensus

See all

Buy

14 analysts

$205

Current

—

Low

$221

Average

—

High

Average target implies +7.83% versus the current price.

Earnings History

BeatMissNo estimate

Peers

Mitsubishi UFJ Financial Group, Inc.MUFG · NYSE$23.890.00%

Banco Santander, S.A. Sponsored ADR (Spain)SAN · NYSE$14.741.47%

Toronto Dominion Bank (The)TD · NYSE$120.930.03%

Banco Bilbao Vizcaya Argentaria S.A.BBVA · NYSE$29.101.52%

Analyst Consensus

Buy

14 analysts

$205

Current

—

Low

$221

Average

—

High

Average target implies +7.83% versus the current price.

Analyst Ratings Synthesis

The supplied consensus is Buy across 14 analysts, with a mean target of 221.22; low and high targets are unavailable, so target clustering and the width of the overall spread cannot be measured. KBW is the most bullish identifiable voice after lifting its RY target to C$324. The least bullish analyst cannot be identified from the supplied evidence. Revisions were directionally positive over the week because KBW raised its target, although the same recap flagged higher credit-loss provisions. The substantive tension behind the available range is whether RBC’s diversified franchise and capital returns outweigh rising credit costs and rate-sensitive earnings pressure; the evidence does not support attributing the full target spread to specific analysts.