Royal Bank Of Canada (RY) Receives a Hold from CIBC
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 02 2025
0mins
Should l Buy RY?
Source: Business Insider
CIBC Analyst Rating: Paul Holden maintains a Hold rating on Royal Bank Of Canada with a price target of C$175.00, while the stock currently trades at $118.17. The general analyst consensus is a Strong Buy with an average price target of $137.20.
Insider Sentiment and Price Targets: Recent insider activity shows negative sentiment towards the stock, with more insiders selling shares. Additionally, other analysts have adjusted their price targets for the bank, lowering them to C$190 and C$178 from previous estimates.
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Analyst Views on RY
Wall Street analysts forecast RY stock price to rise
11 Analyst Rating
9 Buy
2 Hold
0 Sell
Strong Buy
Current: 163.420
Low
158.37
Averages
168.73
High
177.08
Current: 163.420
Low
158.37
Averages
168.73
High
177.08
About RY
Royal Bank of Canada (RBC) is a global financial institution. Its business includes Personal & Commercial Banking, Wealth Management, Capital Markets, and Insurance. The Personal & Commercial Banking comprises its personal banking operations and certain retail investment businesses in Canada, the Caribbean and the United States, as well as its commercial and corporate banking operations in Canada and the Caribbean. Wealth Management provides a full suite of investment, trust and other wealth management solutions for businesses. Capital Markets provides public and private companies, institutional investors, governments and central banks globally with a range of capital markets products and services across its two main business lines: corporate and investment banking and global markets. Insurance offers a range of life, health, home, auto, travel, wealth and reinsurance advice and solutions, as well as creditor and business insurance services to individual, business and group clients.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Increased Market Competition: Google's new compression technology aims to shrink memory size while enhancing performance, highlighting the tension between high demand and low supply in the memory market, which could exert downward pressure on prices for Micron and its competitors.
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