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Royal Bank Of Canada (RY) Gets a Buy from National Bank

Tipranks - Tipranks - Sat Feb 28, 3:32PM CST

In a report released today, Gabriel Dechaine from National Bank maintained a Buy rating on Royal Bank Of Canada, with a price target of C$247.00.

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Dechaine covers the Financial sector, focusing on stocks such as Toronto Dominion Bank, Canadian Bank of Commerce, and Royal Bank Of Canada. According to TipRanks, Dechaine has an average return of 9.9% and a 68.60% success rate on recommended stocks.

In addition to National Bank, Royal Bank Of Canada also received a Buy from Canaccord Genuity’s Matthew Lee in a report issued today. However, on the same day, CIBC maintained a Hold rating on Royal Bank Of Canada (NYSE: RY).

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The company has a one-year high of C$240.34 and a one-year low of C$151.25. Currently, Royal Bank Of Canada has an average volume of 3.45M.

Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of RY in relation to earlier this year.

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