Royal Bank of Canada (TSX: RY), the Financial sector company, has received a rating update from a Wall Street analyst today. Analyst Scott Chan CFA from Canaccord Genuity rated Royal Bank of Canada (TSX: RY) a Hold, setting a C$109 price target.
According to TipRanks.com, CFA is ranked #2377 out of 4861 analysts.
Royal Bank of Canada has an analyst consensus of Hold, with a price target consensus of C$109.67.
Royal Bank of Canada’s market cap is currently C$147.8B and has a P/E ratio of 13.1. The company has a Price to Book ratio of 2.14.
Royal Bank of Canada engages in the provision of banking and financial solutions. It operates through the following business segments: Personal and Commercial Banking, Wealth Management, Insurance, Investor and Treasury Services, Capital Markets, and Corporate Support.
The company’s shares closed on Tuesday at C$102.59.
