3 days ago
Jefferies Remains a Buy on Royal Bank Of Canada (RY)
In a report released yesterday, John Aiken from Jefferies maintained a Buy rating on Royal Bank Of Canada (RY – Research Report), with a price target of C$198.00.
Confident Investing Starts Here:
Aiken covers the Financial sector, focusing on stocks such as Royal Bank Of Canada, Canadian Bank of Commerce, and Great-West Lifeco. According to TipRanks, Aiken has an average return of 0.0% and a 51.19% success rate on recommended stocks.
In addition to Jefferies, Royal Bank Of Canada also received a Buy from Barclays's Brian Morton in a report issued yesterday. However, on the same day, National Bank downgraded Royal Bank Of Canada (NYSE: RY) to a Hold.
The company has a one-year high of $129.46 and a one-year low of $102.44. Currently, Royal Bank Of Canada has an average volume of 1.36M.
Based on the recent corporate insider activity of 73 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.
