Currently, Royal Bank Of Canada [RY] is trading at $128.94, up 0.06%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The RY shares have gain 1.94% over the last week, with a monthly amount glided 8.74%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, CIBC upgraded its rating to Sector Outperform on April 04, 2025. On November 21, 2024, upgrade upgraded it’s rating to Overweight. TD Securities downgraded its rating to a Hold. UBS initiated its recommendation with a Buy. Jefferies upgraded its rating to Buy for this stock on May 13, 2024. In a note dated April 05, 2024, BMO Capital Markets upgraded an Outperform rating on this stock.
This stock has fluctuated between a low of $102.44 and a high of $129.42 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $193 within the next 12 months. Royal Bank Of Canada [NYSE: RY] shares were valued at $128.94 at the most recent close of the market. An investor can expect a potential return of 49.68% based on the average RY price forecast.
Analyzing the RY fundamentals
Trailing Twelve Months sales for Royal Bank Of Canada [NYSE:RY] were 98.41B which represents 2.27% growth. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.41%, Pretax Profit Margin comes in at 0.36%, and Net Profit Margin reading is 0.29%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.14 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 3.7.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 128.41 points at the first support level, and at 127.89 for the second support level. However, for the 1st resistance point, the stock is sitting at 129.46, and for the 2nd resistance point, it is at 129.99.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Royal Bank Of Canada [NYSE:RY] is 0.62. Considering the valuation of this stock, the price to sales ratio is 1.85, the price to book ratio is 2.15 and price to earnings (TTM) ratio is 14.48.
