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Desjardins Sticks to Their Buy Rating for Royal Bank Of Canada (RY)

Tipranks - Sat Feb 28, 3:32PM CST

Desjardins analyst maintained a Buy rating on Royal Bank Of Canada today and set a price target of C$250.00.

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In addition to Desjardins, 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.

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