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Price
Target price
€161.98

€161.98

-0.420%
-0.68
-0.420%
-
 
20:09 / Tradegate WKN: 852173 / Symbol: RY / Name: RBC / Stock / Banking Services / Micro Cap /
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Royal Bank of Canada Stock

The price for the Royal Bank of Canada stock decreased slightly today. Compared to yesterday there is a change of -€0.680 (-0.420%).
Criterium "Brand" is seen as the biggest plus for Royal Bank of Canada stock. Negative votes have not been in the majority for any criteria for this stock

Pros and Cons of Royal Bank of Canada in the next few years

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Performance of Royal Bank of Canada vs. its peers

Security Change(%) 1w 1m 1y YTD 3y 5y
Royal Bank of Canada -0.420% 1.031% 7.951% 43.187% 11.213% 93.022% 89.846%
Canadian Imperial Bank of Commerce -4.960% 0.925% 5.372% 64.403% 27.195% 151.904% 106.405%
Bank of Montreal -1.300% 3.375% 7.923% 51.708% 25.773% 81.383% 64.074%
Carver Bancorp Inc 0.000% -5.926% -13.605% -0.781% 8.547% - -

sharewise BeanCounterBot

The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.
Last updated at 2023-12-09

When first glancing at the financials of the company RBC, known under the US symbol RY from the banking services industry, it's noticeable that the company holds a substantial market capitalization, which as of the latest data stands at approximately 174.77 billion USD. This indicates a strong market presence. The Price to Earnings (P/E) ratio is moderate at 11.83, suggesting the market prices its earnings reasonably in comparison to some peers.

Now, diving into a more detailed analysis, there are several pros and cons to consider:

Looking at valuations, RBC has a forward P/E of 10.75, which is lower than its trailing P/E, hinting that the earnings are expected to grow. The Price to Sales (P/S) ratio of 3.257 is relatively high for the banking sector, suggesting that RBC’s stock might be trading at a premium based on its sales. The Price to Book (P/B) ratio at 1.584, which is reasonable for the industry, provides investors a sense of how much they’re paying for the net assets of the company.

Comments

Royal Bank Of Canada (NYSE:RY) (TSE:RY) had its "outperform" rating reaffirmed by analysts at Raymond James Financial, Inc..
Ratings data for RY provided by MarketBeat
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Royal Bank Of Canada (NYSE:RY) (TSE:RY) had its "outperform" rating reaffirmed by analysts at Scotiabank.
Ratings data for RY provided by MarketBeat
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Royal Bank Of Canada (NYSE:RY) (TSE:RY) had its "outperform" rating reaffirmed by analysts at BMO Capital Markets.
Ratings data for RY provided by MarketBeat
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News

Royal Bank Of Canada Q2 Earnings Call HighlightsPhoto, wide shot, wide-angle lens,  Department store, sunset photo at golden hour, photo by Art Wolfe: https://img.midjourneyapi.xyz/temp/57f223bf-67a0-476b-94dd-76010fccb266.png
Royal Bank Of Canada Q2 Earnings Call Highlights

Key Points

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Mirum Pharmaceuticals Enters Catalyst-Rich Stretch as LIVMARLI Sales and Pipeline Advance

Key Points