Royal Bank of Canada Stock Recommendations and Price Targets

Royal Bank of Canada logo
Royal Bank of Canada operates as a diversified financial service company worldwide. The company's Personal & Commercial Banking segment offers checking and savings accounts, home equity financing, personal lending, private banking, indirect lending, including auto financing, mutual funds and self-directed brokerage accounts, guaranteed investment certificates, credit cards, and payment products and solutions; and lending, leasing, deposit, investment, foreign exchange, cash management, auto dealer financing, trade products, and services to small and medium-sized commercial businesses. This segment offers financial products and services through branches, automated teller machines, and mobile sales network. Its Wealth Management segment provides a suite of wealth, investment, trust, banking, credit, and other advice-based solutions and strategies to high net worth and ultra-high net worth individuals, and institutional clients; asset management products to institutional and individual clients; and asset and investor services to financial institutions, asset managers, and asset owners. The company's Insurance segment offers life, health, home, auto, travel, wealth, annuities, property and casualty, and reinsurance advice and solutions; and business insurance services to individual, business, and group clients through its advice centers, RBC insurance stores, and mobile advisors; digital platforms; and independent brokers and partners. The company's Capital Markets segment offers advisory and origination, sales and trading, lending and financing, and transaction banking services to corporations, institutional clients, asset managers, private equity firms, and governments. The company was founded in 1864 and is headquartered in Toronto, Canada.
Read More

This is a list of recent ratings by Royal Bank of Canada.

DateCompany NameActionCurrent
Price
Price
Target
RatingImpact on
Share Price
4/18/2024
CSX
CSX
Lower Price Target$34.00$37.00 ➝ $36.00Sector Perform ➝ Sector PerformLow
4/18/2024
ABT
Abbott Laboratories
Lower Price Target$105.00$128.00 ➝ $125.00Outperform ➝ OutperformLow
4/18/2024
TRV
Travelers Companies
Lower Price Target$210.00$230.00 ➝ $225.00Sector Perform ➝ Sector PerformLow
4/17/2024
JNJ
Johnson & Johnson
Lower Price Target$146.00$181.00 ➝ $175.00Outperform ➝ OutperformN/A
4/17/2024
UNH
UnitedHealth Group
Lower Price Target$493.00$596.00 ➝ $555.00Outperform ➝ OutperformN/A
4/17/2024
NUVB
Nuvation Bio
Boost Price Target$3.00$4.00 ➝ $5.00Outperform ➝ OutperformN/A
4/16/2024
MTB
M&T Bank
Reiterated Rating$139.00 $160.00Outperform ➝ OutperformLow
4/16/2024
CCA
Cogeco Communications
Boost Price TargetC$56.00C$76.00 ➝ C$79.00Sector PerformN/A
4/16/2024
SR
Spire
Reiterated Rating$59.00 $65.00Sector Perform ➝ Sector PerformLow
4/16/2024
BA
Boeing
Lower Price Target$170.00$225.00 ➝ $215.00Outperform ➝ OutperformLow
4/16/2024
GS
The Goldman Sachs Group
Boost Price Target$403.00$390.00 ➝ $405.00Sector Perform ➝ Sector PerformLow
4/16/2024
TFII
TFI International
Boost Price TargetC$195.00C$155.00 ➝ C$173.00OutperformN/A
4/15/2024
INFA
Informatica
Reiterated Rating$35.00 $41.00Outperform ➝ OutperformLow
4/15/2024
FDMT
4D Molecular Therapeutics
Boost Price Target$25.00$35.00 ➝ $40.00Outperform ➝ OutperformLow
4/15/2024
MRNS
Marinus Pharmaceuticals
Reiterated Rating$1.00$24.00 ➝ $3.00Outperform ➝ Sector PerformN/A
4/15/2024
CJR.B
Corus Entertainment
Lower Price TargetC$1.00C$1.50 ➝ C$1.25Sector PerformN/A
4/15/2024
MTY
MTY Food Group
Lower Price TargetC$47.00C$58.00 ➝ C$51.00Sector PerformN/A
4/15/2024
PKI
Parkland
Lower Price TargetC$43.00C$54.00 ➝ C$50.00N/A
4/15/2024
SYK
Stryker
Boost Price Target$327.00$360.00 ➝ $386.00Outperform ➝ OutperformLow
4/15/2024
NVRO
Nevro
Lower Price Target$12.00$18.00 ➝ $16.00Sector Perform ➝ Sector PerformLow
4/15/2024
EW
Edwards Lifesciences
Boost Price Target$86.00$95.00 ➝ $101.00Outperform ➝ OutperformLow
4/15/2024
BSX
Boston Scientific
Boost Price Target$67.00$70.00 ➝ $78.00Outperform ➝ OutperformLow
4/12/2024
CRM
Salesforce
Reiterated Rating$272.00$325.00 ➝ $350.00Outperform ➝ OutperformLow
4/12/2024
RGA
Reinsurance Group of America
Reiterated Rating$182.00 $212.00Outperform ➝ OutperformLow
4/12/2024
PR
Permian Resources
Reiterated Rating$17.00 $17.00Outperform ➝ OutperformLow
4/12/2024
MSCI
MSCI
Reiterated Rating$505.00 $638.00Outperform ➝ OutperformLow
4/12/2024
GEV
GE Vernova
Reiterated Rating$137.00 $160.00Outperform ➝ OutperformLow
4/12/2024
DOCU
DocuSign
Reiterated Rating$57.00 $59.00Sector Perform ➝ Sector PerformLow
4/12/2024
CRBG
Corebridge Financial
Reiterated Rating$27.00 $32.00Outperform ➝ OutperformLow
4/12/2024
STZ
Constellation Brands
Boost Price Target$259.00$295.00 ➝ $308.00Outperform ➝ OutperformLow
4/12/2024
BN
Brookfield
Reiterated Rating$39.00 $53.00Outperform ➝ OutperformLow
4/12/2024
BHC
Bausch Health Companies
Reiterated Rating$9.00 $12.00Sector Perform ➝ Sector PerformLow
4/12/2024
HWDN
Howden Joinery Group
Reiterated RatingGBX 862 GBX 920OutperformN/A
4/12/2024
JET2
Jet2
Reiterated RatingGBX 1,466 GBX 1,950OutperformN/A
4/12/2024
TW
Taylor Wimpey
UpgradeGBX 132 GBX 175OutperformN/A
4/12/2024
BKG
The Berkeley Group
DowngradeGBX 4,620 GBX 4,950UnderperformN/A
4/11/2024
GSF
Gore Street Energy Storage Fund
Reiterated RatingGBX 64 GBX 85Sector PerformN/A
4/11/2024
FEVR
Fevertree Drinks
Reiterated RatingGBX 1,079 GBX 1,200Sector PerformN/A
4/11/2024
ALPN
Alpine Immune Sciences
Reiterated Rating$64.00$41.00 ➝ $65.00Outperform ➝ Sector PerformLow
4/11/2024
DSGX
The Descartes Systems Group
Reiterated Rating$90.00 $110.00Outperform ➝ OutperformLow
4/11/2024
TOST
Toast
Reiterated Rating$22.00 $23.00Sector Perform ➝ Sector PerformLow
4/11/2024
PXD
Pioneer Natural Resources
Reiterated Rating$268.00 $279.00Sector Perform ➝ Sector PerformLow
4/11/2024
PPL
PPL
Boost Price Target$27.00$30.00 ➝ $31.00Outperform ➝ OutperformLow
4/11/2024
NRIX
Nurix Therapeutics
Boost Price Target$14.00$22.00 ➝ $23.00Outperform ➝ OutperformLow
4/11/2024
APLT
Applied Therapeutics
Reiterated Rating$5.00 $12.00Outperform ➝ OutperformLow
4/11/2024
T
AT&T
Reiterated Rating$16.00 $17.00Sector Perform ➝ Sector PerformLow
4/11/2024
NWC
North West
Boost Price TargetC$39.00C$38.00 ➝ C$40.00N/A
4/10/2024
NSC
Norfolk Southern
Reiterated Rating$240.00 $270.00Sector Perform ➝ Sector PerformLow
4/10/2024
DOC
Healthpeak Properties
Boost Price Target$18.00$21.00 ➝ $22.00Outperform ➝ OutperformLow
4/10/2024
BCE
BCE
Lower Price TargetC$44.00C$57.00 ➝ C$54.00Sector PerformN/A
4/10/2024
CCA
Cogeco Communications
Lower Price TargetC$56.00C$84.00 ➝ C$76.00Sector PerformN/A
4/10/2024
QBR.B
Quebecor
Lower Price TargetC$29.00C$36.00 ➝ C$35.00Sector PerformN/A
4/10/2024
RCI.B
Rogers Communications
Lower Price TargetC$53.00C$73.00 ➝ C$68.00OutperformN/A
4/10/2024
T
TELUS
Lower Price TargetC$22.00C$29.00 ➝ C$26.00Sector PerformN/A
4/9/2024
FHN
First Horizon
Upgrade$14.00$16.00 ➝ $18.00Sector Perform ➝ OutperformLow
4/9/2024
ASB
Associated Banc
Reiterated Rating$20.00 $23.00Sector Perform ➝ Sector PerformLow
4/9/2024
TCBI
Texas Capital Bancshares
Lower Price Target$56.00$68.00 ➝ $66.00Sector Perform ➝ Sector PerformLow
4/9/2024
AES
AES
Reiterated Rating$16.00 $22.00Outperform ➝ OutperformLow
4/9/2024
SNV
Synovus Financial
Boost Price Target$34.00$42.00 ➝ $44.00Outperform ➝ OutperformLow
4/9/2024
REGN
Regeneron Pharmaceuticals
Reiterated Rating$894.00 $1,189.00Outperform ➝ OutperformLow
4/9/2024
RRC
Range Resources
Reiterated Rating$35.00 $36.00Outperform ➝ OutperformLow
4/9/2024
MODN
Model N
Reiterated Rating$30.00 $30.00Sector Perform ➝ Sector PerformLow
4/9/2024
ILMN
Illumina
Reiterated Rating$117.00 $253.00Outperform ➝ OutperformLow
4/9/2024
ECL
Ecolab
Reiterated Rating$219.00 $238.00Outperform ➝ OutperformLow
4/9/2024
EOG
EOG Resources
Reiterated Rating$132.00 $145.00Sector Perform ➝ Sector PerformLow
4/9/2024
BKD
Brookdale Senior Living
Reiterated Rating$7.00 $9.00Outperform ➝ OutperformLow
4/9/2024
BHVN
Biohaven
Reiterated Rating$42.00 $61.00Outperform ➝ OutperformLow
4/9/2024
HBAN
Huntington Bancshares
Boost Price Target$13.00$15.00 ➝ $16.00Outperform ➝ OutperformLow
4/9/2024
HOMB
Home Bancshares, Inc. (Conway, AR)
Reiterated Rating$23.00 $26.00Sector Perform ➝ Sector PerformLow
4/9/2024
FFBC
First Financial Bancorp.
Reiterated Rating$21.00 $24.00Sector Perform ➝ Sector PerformLow
4/9/2024
FCF
First Commonwealth Financial
Reiterated Rating$13.00 $17.00Outperform ➝ OutperformLow
4/9/2024
CFR
Cullen/Frost Bankers
Reiterated Rating$109.00 $118.00Sector Perform ➝ Sector PerformLow
4/9/2024
CMA
Comerica
Lower Price Target$51.00$63.00 ➝ $61.00Outperform ➝ OutperformLow
4/9/2024
COLB
Columbia Banking System
Lower Price Target$18.00$25.00 ➝ $21.00Sector Perform ➝ Sector PerformLow
4/9/2024
CADE
Cadence Bank
Reiterated Rating$26.00 $31.00Sector Perform ➝ Sector PerformLow
4/9/2024
BOKF
BOK Financial
Boost Price Target$85.00$93.00 ➝ $94.00Sector Perform ➝ Sector PerformLow
4/9/2024
BKU
BankUnited
Lower Price Target$26.00$33.00 ➝ $29.00Sector Perform ➝ Sector PerformLow
4/9/2024
ONB
Old National Bancorp
Reiterated Rating$16.00 $18.00Sector Perform ➝ Sector PerformLow
4/9/2024
NYCB
New York Community Bancorp
Lower Price Target$3.00$5.00 ➝ $4.00Sector Perform ➝ Sector PerformLow
4/9/2024
ZION
Zions Bancorporation, National Association
Boost Price Target$39.00$45.00 ➝ $46.00Sector Perform ➝ Sector PerformLow
4/9/2024
WTFC
Wintrust Financial
Boost Price Target$95.00$109.00 ➝ $116.00Outperform ➝ OutperformLow
4/9/2024
WAL
Western Alliance Bancorporation
Reiterated Rating$56.00 $78.00Outperform ➝ OutperformLow
4/9/2024
WSBC
WesBanco
Reiterated Rating$28.00 $32.00Sector Perform ➝ Sector PerformLow
4/9/2024
WBS
Webster Financial
Lower Price Target$45.00$59.00 ➝ $57.00Outperform ➝ OutperformLow
4/9/2024
VLY
Valley National Bancorp
Lower Price Target$7.00$12.00 ➝ $10.00Outperform ➝ OutperformLow
4/9/2024
PFS
Provident Financial Services
Lower Price Target$14.00$19.00 ➝ $18.00Outperform ➝ OutperformLow
4/9/2024
PB
Prosperity Bancshares
Reiterated Rating$60.00 $70.00Sector Perform ➝ Sector PerformLow
4/9/2024
CNQ
Canadian Natural Resources
Boost Price TargetC$106.00C$100.00 ➝ C$120.00N/A
4/9/2024
CVE
Cenovus Energy
Boost Price TargetC$28.00C$28.00 ➝ C$32.00N/A
4/9/2024
IMO
Imperial Oil
Boost Price TargetC$95.00C$85.00 ➝ C$100.00N/A
4/9/2024
MEG
MEG Energy
Boost Price TargetC$31.00C$32.00 ➝ C$39.00N/A
4/9/2024
SCR
Strathcona Resources
Boost Price TargetC$33.00C$31.00 ➝ C$38.00N/A
4/9/2024
SU
Suncor Energy
Boost Price TargetC$52.00C$52.00 ➝ C$58.00N/A
4/9/2024
VET
Vermilion Energy
Boost Price TargetC$16.00C$20.00 ➝ C$21.00N/A
4/8/2024
WM
Waste Management
Initiated Coverage$205.00$189.00 ➝ $211.00Sector Perform ➝ Sector PerformLow
4/8/2024
WCN
Waste Connections
Initiated Coverage$164.00$182.00 ➝ $196.00Outperform ➝ OutperformLow
4/8/2024
RSG
Republic Services
Initiated Coverage$189.00$199.00 ➝ $198.00Sector Perform ➝ Sector PerformLow
4/8/2024
GFL
GFL Environmental
Initiated Coverage$33.00$43.00 ➝ $46.00Outperform ➝ OutperformLow
4/8/2024
APG
APi Group
Boost Price Target$37.00$36.00 ➝ $45.00Sector Perform ➝ Sector PerformLow
4/8/2024
GIL
Gildan Activewear
Reiterated Rating$35.00 $41.00Outperform ➝ OutperformLow