Royal Bank of Canada's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 10 out of 394 in the Banking Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 242.26.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Royal Bank of Canada is 9.02, ranking 43 out of 394 in the Banking Services industry. Its financial status is robust, and its operating efficiency is high. Its latest quarterly revenue reached 12.76B, representing a year-over-year increase of 16.15%, while its net profit experienced a year-over-year increase of 18.87%.
Key Metrics
The current valuation score of Royal Bank of Canada is 6.86, ranking 308 out of 394 in the Banking Services industry. Its current P/E ratio is 16.95, which is 2.85% below the recent high of 17.43 and 41.00% above the recent low of 10.00.
The current earnings forecast score of Royal Bank of Canada is 9.00, ranking 7 out of 394 in the Banking Services industry. The average price target is 230.00, with a high of 236.04 and a low of 198.70.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Royal Bank of Canada is 9.48, ranking 13 out of 394 in the Banking Services industry. Currently, the stock price is trading between the resistance level at 186.23 and the support level at 173.63, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Banking Services domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Royal Bank of Canada is 9.89, ranking 3 out of 394 in the Banking Services industry. The company's beta value is 0.92. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. with an industry-leading ESG disclosure.
