Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
An update from Royal Bank Of Canada ( (TSE:RY) ) is now available.
On June 11, 2025, Royal Bank of Canada announced the issuance of $1.25 billion in 6.750% Limited Recourse Capital Notes, Series 6, and Non-Cumulative 5-Year Fixed Rate Reset First Preferred Shares, Series BY. This issuance is part of the bank’s strategy to strengthen its capital base and enhance its financial flexibility. The notes and shares are structured as Non-Viability Contingent Capital (NVCC), which are designed to absorb losses in times of financial stress, thereby supporting the bank’s resilience and stability. This move is expected to bolster the bank’s market position and reassure stakeholders of its robust financial health.
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 holds a strong position driven by robust financial performance and strategic achievements. The fair valuation and attractive dividend yield add to its investment appeal. Technical indicators suggest a strong upward trend, but caution is warranted due to overbought signals. The bank’s ability to navigate macroeconomic challenges reinforces the overall positive outlook.
To see Spark’s full report on TSE:RY stock, click here.
More about Royal Bank Of Canada
Royal Bank of Canada is a leading financial institution in the banking industry, offering a wide range of financial services including personal and commercial banking, wealth management, insurance, investor services, and capital markets products. The bank primarily serves clients in Canada, the United States, and 34 other countries, focusing on delivering comprehensive financial solutions.
Average Trading Volume: 4,946,993
Technical Sentiment Signal: Buy
Current Market Cap: C$247.5B
For an in-depth examination of RY stock, go to TipRanks’ Stock Analysis page.