Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
The latest announcement is out from Royal Bank Of Canada ( (TSE:RY) ).
On May 29, 2025, Royal Bank of Canada announced its plan to repurchase up to 35 million of its common shares, representing approximately 2.48% of its outstanding shares as of May 15, 2025. This move, pending approval from the Toronto Stock Exchange and the Office of the Superintendent of Financial Institutions, is part of a normal course issuer bid intended to manage the bank’s capital position and enhance shareholder value. The repurchase program is set to begin on June 12, 2025, and will run until June 11, 2026, or until the bank completes its purchases. This strategic decision reflects the bank’s commitment to optimizing capital management while navigating market conditions and regulatory requirements.
The most recent analyst rating on (TSE:RY) stock is a Buy with a C$168.00 price target. To see the full list of analyst forecasts on Royal Bank Of Canada stock, see the TSE:RY Stock Forecast page.
Spark’s Take on TSE:RY Stock
According to Spark, TipRanks’ AI Analyst, TSE:RY is a Outperform.
Royal Bank of Canada shows a strong overall performance driven by solid financial health, reasonable valuation, and positive earnings results. The key strengths include robust profitability, effective cash flow management, and successful integration of HSBC Canada. However, concerns about credit provisions and geopolitical risks slightly temper the outlook. Technical indicators provide a mixed picture, warranting cautious optimism.
To see Spark’s full report on TSE:RY stock, click here.
More about Royal Bank Of Canada
Royal Bank of Canada is a major financial institution operating in the banking industry. It offers a wide range of financial services, including personal and commercial banking, wealth management, insurance, investor services, and capital markets products and services. The bank primarily focuses on the Canadian market but also has a significant presence in the United States and other international markets.
Average Trading Volume: 5,016,793
Technical Sentiment Signal: Buy
Current Market Cap: C$251.2B
See more data about RY stock on TipRanks’ Stock Analysis page.