AllAnalyst Report
logoArgusJune 02, 2023

Royal Bank of Canada: Reaffirming BUY following fiscal 2Q results

Symbols
RY
Sector(s)
Real Estate
Rating
Current Price
$88.24
Price Target
Earnings Estimate
Summary

The Royal Bank of Canada is one of Canada's largest banks. It is also one of the largest banks in the world, with a market capitalization of $137 billion. The company has 89,000 employees and more than 1,200 banking branches in 37 countries.

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Analyst Profile

Stephen Biggar

Director of Financial Institutions Research
Stephen is responsible for coverage of large global banks, regional banks and domestic credit card companies. He has covered financial services stocks for more than 20 years. He is also a member of the Argus Investment Policy Committee and Senior Portfolio Group, and frequently appears in print and broadcast media discussing the equity markets. Previously, he was the global director of equity research for S&P Capital IQ. He holds a degree in economics from Rutgers University.