Barclays raised the firm’s price target on Royal Bank of Canada (RY) to C$221 from C$203 and keeps an Overweight rating on the shares as part of a Q4 earnings preview. The firm expects earnings for the Canadian banks to modestly decline sequentially on seasonality.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RY:
- Royal Bank of Canada price target raised to C$224 from C$219 at Canaccord
- Royal Bank of Canada, DoorDash extend long-standing program
- RBC upgraded to Outperform from Sector Perform at National Bank
- Royal Bank of Canada Issues $2.25 Billion in Senior Global Medium-Term Notes
- Wex names Sandy Kuohn as chief people officer