Analyst Ratings for Royal Bank of Canada (RY)

Updated: 2017-07-28

Shares of Royal Bank of Canada (NYSE:RY) have received a consensus rating of Overweight from Wall Street analysts. Last month, RY received an average rating of Overweight.

16 analysts issued ratings on the stock, where 6 gave RY a buy rating, 0 issued an overweight rating, 8 gave a hold rating, 1 issued an underweight rating, and 1 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

Many analysts weighed in on price targets for RY. The most optimistic analyst gave a price target of 73, which equates to a potential upside of -1.89 percent. The lowest price target was 73, implying a possible loss of -1.89 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Analysts have revised their earnings estimates upwards for this quarter, by about 0.36 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -1.76 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.81 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.91 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 1 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Over the same time period, 1 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

The growth rate of RY's earnings is estimated by analysts to be -24.93 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of RY is -0.41.

In the trailing 52-weeks, RY hit 76.01 at the highest peak, while it's lowest trading point was 59.88. The current market price is above the trailing year's low by 24.27 percent, and below the high by 2.1 percent. RY has a P/E ratio of 10.12. Investors typically compare the P/E ratio to a company's peers in the industry. The RY value stock report compares RY to some of its peers using value stock charts. The stock has a market capitalization of $135.85 billion. RY will post this quarters earnings in days, on 0000-00-00.