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.

A number of analysts gave price targets for RY. The highest price target was 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. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0.36 percent. That number becomes -1.76 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.81 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 1.91 percent in FY estimates.

Another thing investors often look at is the level of agreement among analysts' revisions. 1 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Over the same time period, 1 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.

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. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. RY has a PEG ratio of -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 2.1 percent below the high. RY has a price/earnings 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 market cap of RY is $135.85 billion. RY's next earnings release will be on 0000-00-00, which is days away.