Royal Bank Of Canada with ticker code (RY) now have 5 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 93.56 and 80.62 calculating the mean target price we have 88.28. Now with the previous closing price of 73.47 this would indicate that there is a potential upside of 20.2%. There is a 50 day moving average of 72.91 and the 200 day MA is 68.23. The market capitalisation for the company is $104,650m. You can visit the company’s website by visiting: http://www.rbc.com
Royal Bank of Canada operates as a diversified financial service company worldwide. The company’s Personal & Commercial Banking segment offers check and savings accounts, credit cards, mortgages, loans, investment products, payments, international trade, and business advice services. This segment offers financial products and services through branches, automated teller machines, and mobile sales network. Its Wealth Management provides a suite of advice-based solutions and strategies. The company’s 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. Its 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. The company’s 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.