Raymond James Remains a Buy on Royal Bank Of Canada (RY)
In a report released today, Stephen Boland from Raymond James maintained a Buy rating on Royal Bank Of Canada, with a price target of C$260.00.
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Boland covers the Financial sector, focusing on stocks such as Toronto Dominion Bank, Bank Of Nova Scotia, and Canadian Bank of Commerce. According to TipRanks, Boland has an average return of 5.5% and a 53.04% success rate on recommended stocks.
In addition to Raymond James, 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).
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.
Read More on RY:
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- Royal Bank of Canada price target raised to C$247 from C$242 at Scotiabank
- Royal Bank of Canada price target lowered to C$259 from C$260 at TD Securities
- Royal Bank of Canada price target raised to C$245 from C$244 at Barclays
- Royal Bank of Canada Posts Record Q1 2026 Profit and Strengthens Capital Returns
- Royal Bank of Canada reports Q1 adjusted EPS C$4.08 vs. C$3.62 last year
