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Analysts’ Opinions Are Mixed on These Financial Stocks: Royal Bank Of Canada (RY) and MBIA (MBI)

Tipranks - Sat Feb 28, 1:56AM CST

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Royal Bank Of Canada (RYResearch Report) and MBIA (MBIResearch Report).

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Royal Bank Of Canada (RY)

TD Cowen analyst Mario Mendonca maintained a Buy rating on Royal Bank Of Canada yesterday and set a price target of C$259.00. The company’s shares closed last Thursday at $169.83.

According to TipRanks.com, Mendonca is a 5-star analyst with an average return of 17.2% and a 69.5% success rate. Mendonca covers the Financial sector, focusing on stocks such as Canadian Bank of Commerce, National Bank of Canada, and Bank Of Nova Scotia. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Royal Bank Of Canada with a $182.10 average price target, implying a 5.1% upside from current levels. In a report issued on February 12, Canaccord Genuity also maintained a Buy rating on the stock with a C$255.00 price target.

See the top stocks recommended by analysts >>

MBIA (MBI)

Roth MKM analyst Harry Fong maintained a Hold rating on MBIA today and set a price target of $7.00. The company’s shares closed last Thursday at $6.34.

According to TipRanks.com, Fong is a 5-star analyst with an average return of 10.7% and a 66.2% success rate. Fong covers the Financial sector, focusing on stocks such as Marsh & McLennan Companies, Octave Specialty Group, and Willis Towers Watson. ;'>

MBIA has an analyst consensus of Hold, with a price target consensus of $7.00.

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