Barclays Capital Gives Equalweight Rating to RBC Capital (RY)
A number of other firms have also recently commented on RY. Analysts at Credit Suisse (NYSE: CS) cut their price target on shares of RBC Capital to $56.00 in a research note to investors on Friday. Separately, analysts at Davenport upgraded shares of RBC Capital to a “buy” rating in a research note to investors on Monday, April 23rd. Finally, analysts at Bank of America (NYSE: BAC) upgraded shares of RBC Capital from a “neutral” rating to a “buy” rating in a research note to investors on Monday, April 23rd. They now have a $65.00 price target on the stock.
RBC Capital opened at 48.83 on Friday. RBC Capital has a 52-week low of $41.40 and a 52-week high of $63.53. The company has a market cap of $70.454 billion and a price-to-earnings ratio of 16.81.
RBC Capital Markets is the corporate and investment banking arm of the Royal Bank of Canada and the leading debt and equity underwriter in the Great White North.