Disclaimer: The TipRanks Smart Score performance is based on backtested results. Backtested performance is not an indicator of future actual results. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. General assumptions include: XYZ firm would have been able to purchase the securities recommended by the model and the markets were sufficiently liquid to permit all trading. Changes in these assumptions may have a material impact on the backtested returns presented. Certain assumptions have been made for modeling purposes and are unlikely to be realized. No representations and warranties are made as to the reasonableness of the assumptions. This information is provided for illustrative purposes only. Backtested performance is developed with the benefit of hindsight and has inherent limitations. Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. Since trades have not actually been executed, results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity, and may not reflect the impact that certain economic or market factors may have had on the decision-making process. Further, backtesting allows the security selection methodology to be adjusted until past returns are maximized. Actual performance may differ significantly from backtested performance. Backtested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, are presented gross-of fees and do not include the effect of backtested transaction costs, management fees, performance fees or expenses, if applicable. Please note all regulatory considerations regarding the presentation of fees must be taken into account. No cash balance or cash flow is included in the calculation.
FAQs
Royal Bank Of Canada (RY) Stock Forecast, Price Targets and Analysts Predictions - TipRanks.com? ›
The average price target is C$165.26 with a high forecast of C$202.19 and a low forecast of C$151.34. The average price target represents a 5.55% change from the last price of C$156.57.
What is the target for Ry stock? ›RY Stock 12 Month Forecast
Based on 13 Wall Street analysts offering 12 month price targets for Royal Bank Of Canada in the last 3 months. The average price target is $125.35 with a high forecast of $135.75 and a low forecast of $110.67.
The Canada Stock Market Index (TSX) is expected to trade at 23203.77 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 22781.20 in 12 months time.
How high will BNS stock go? ›Average Price Target
Based on 11 Wall Street analysts offering 12 month price targets for Bank Of Nova Scotia in the last 3 months. The average price target is C$70.19 with a high forecast of C$78.01 and a low forecast of C$65.00. The average price target represents a -0.76% change from the last price of C$70.72.
As of today (2024-09-16), Royal Bank of Canada's Intrinsic Value: Projected FCF is $296.54. The stock price of Royal Bank of Canada is $123.23. Therefore, Royal Bank of Canada's Price-to-Intrinsic-Value-Projected-FCF of today is 0.4.
Is Ry a good buy now? ›Royal Bank Of Canada's analyst rating consensus is a Strong Buy. This is based on the ratings of 13 Wall Streets Analysts.
Is Ry a good long term investment? ›It has been growing its payouts for 12 consecutive years, a track record shared by many Big Six bank stocks. The yield is decent, at 3.7%, and was 4% up until a few months ago, but a solid bull run has caused the yield to shrink. The capital-appreciation potential is quite decent as well.
Who owns the most BNS stock? ›According to the latest TipRanks data, approximately 72.66% of Bank Of Nova Scotia (BNS) stock is held by retail investors. Who owns the most shares of Bank Of Nova Scotia (BNS)? Vanguard owns the most shares of Bank Of Nova Scotia (BNS).
How often does BNS pay dividends? ›The Bank of Nova Scotia Dividend Information
The Bank of Nova Scotia has an annual dividend of $3.15 per share, with a yield of 6.05%. The dividend is paid every three months and the next ex-dividend date is Oct 2, 2024.
According to analysts, BNS price target is 70.23 CAD with a max estimate of 78.00 CAD and a min estimate of 65.00 CAD.
Why should I invest in Royal Bank of Canada? ›
Stable finances
As mentioned, RBC is also well known for its stable and strong finances. RBC is one of the largest banks in Canada, with a long history of strong financial performance. In fact, even in the United States its size would match the top five institutions! This demonstrates just how safe RBC stock is.
Vanguard owns the most shares of Royal Bank Of Canada (RY).
How good is Royal Bank of Canada? ›Summary. On May 12, 2023, DBRS Morningstar confirmed its ratings on RBC and its related entities, including RBC's Long-Term Issuer Rating of AA (high) and Short-Term Issuer Rating of R-1 (high). The trends on all ratings are Stable.
How often does ry pay dividends? ›Regular payouts for RY are paid quarterly.
What is the prediction for Target stock? ›The average price target is $173.58 with a high forecast of $209.00 and a low forecast of $116.00. The average price target represents a 20.51% change from the last price of $144.04.
What is the dividend payout ratio for ry? ›During the past 13 years, the highest Dividend Payout Ratio of Royal Bank of Canada was 0.55. The lowest was 0.39. And the median was 0.47. As of today (2024-09-06), the Dividend Yield % of Royal Bank of Canada is 3.32%.
What is BNY target price? ›| High | $75.00 |
|---|---|
| Median | $50.50 |
| Low | $33.10 |
| Average | $51.41 |
| Current Price | $48.70 |