National Bank of Greece boosted their price target on shares of RBC Capital (NYSE: RY) from $64.00 to $68.00 in a research note issued on Friday. The firm currently has a “sector perform” rating on the stock.
Several other analysts have also recently commented on the stock. Analysts at Canaccord Genuity raised their price target on shares of RBC Capital from $70.00 to $72.00 in a research note to investors on Friday. They now have a “buy” rating on the stock. Separately, analysts at CIBC raised their price target on shares of RBC Capital from $68.00 to $70.00 in a research note to investors on Friday. They now have a “sector perform” rating on the stock. Finally, analysts at Citigroup downgraded shares of RBC Capital from a “buy” rating to a “neutral” rating in a research note to investors on Wednesday. They noted that the move was a valuation call.
Shares of RBC Capital traded down 0.03% during mid-day trading on Friday, hitting $62.09. RBC Capital has a one year low of $46.80 and a one year high of $64.08. The stock’s 50-day moving average is currently $62.43. The company has a market cap of $89.684 billion and a P/E ratio of 12.37.
The company also recently declared a quarterly dividend, which is scheduled for Friday, May 24th. Stockholders of record on Thursday, April 25th will be given a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a yield of 4.06%. The ex-dividend date of this dividend is Tuesday, April 23rd.
Royal Bank of Canada (RBC) is a diversified financial services company. RBC provides personal and commercial banking, wealth management services, insurance, corporate and investment banking and transaction processing services on a global basis.
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