Royal Bank of Canada Stock Recommendations and Price Targets

Royal Bank of Canada logo
Royal Bank of Canada engages in the provision of banking and financial solutions. It operates through the following segments: Personal and Commercial Banking, Wealth Management, Insurance, Investor and Treasury Services, Capital Markets, and Corporate Support. The Personal and Commercial Banking segment deals with a broad suite of financial products and services in Canada. The Wealth Management segment offers a comprehensive suite of investment, trust, banking, credit, and other wealth management solutions to institutional and individual clients through its distribution channels and third-party distributors. The Insurance segment refers to a range of life, health, home, auto, travel, wealth, group, and reinsurance products. The Investor and Treasury Services segment comprises of asset services and a provider of cash management, transaction banking, and treasury services to institutional clients worldwide. The Capital Markets segment covers banking, finance and capital markets to corporations, institutional investors, asset managers, governments, and central banks around the world. The Corporate Support segment consists of technology and operations services. The company was founded
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This is a list of recent ratings by Royal Bank of Canada.

DateCompany NameActionCurrent
Price
Price
Target
RatingImpact on
Share Price
10/20/2021
CFF
Conifex Timber
Lower Price TargetC$2.00C$3.50 ➝ C$3.00N/A
10/20/2021
WEF
Western Forest Products
Boost Price TargetC$2.00C$2.75 ➝ C$3.00N/A
10/20/2021
CFPUF
Canfor Pulp Products
Downgrade$6.00Outperform ➝ Sector PerformLow
10/20/2021
ITMPF
ITM Power
Reiterated Rating$6.00Sector PerformLow
10/20/2021
DBM
CanWel Building Materials Group
Lower Price TargetC$7.00C$11.00 ➝ C$10.00N/A
10/20/2021
CFX
Canfor Pulp Products
DowngradeC$7.00C$12.00 ➝ C$9.00HoldN/A
10/20/2021
KPTSF
KP Tissue
Upgrade$8.00Sector Perform ➝ OutperformN/A
10/20/2021
KPT
KP Tissue
UpgradeC$11.00C$10.00 ➝ C$12.00Sector Perform ➝ OutperformN/A
10/20/2021
DANOY
Danone
Reiterated Rating$13.00UnderperformLow
10/20/2021
ONB
Old National Bancorp
Boost Price Target$18.00$18.00 ➝ $19.00Sector PerformMedium
10/20/2021
HAL
Halliburton
Boost Price Target$26.00$29.00 ➝ $31.00In-Line ➝ OutperformMedium
10/20/2021
IFP
Interfor
Lower Price TargetC$32.00C$47.00 ➝ C$44.00N/A
10/20/2021
RNO
Renault
Set Price Target€31.00 €32.00N/A
10/20/2021
CLW
Clearwater Paper
Upgrade$42.00$32.00 ➝ $50.00Sector Perform ➝ OutperformHigh
10/20/2021
FITB
Fifth Third Bancorp
Boost Price Target$46.00$42.00 ➝ $50.00OutperformHigh
10/20/2021
KBCSY
KBC Group
Boost Price Target€47.00€73.00 ➝ €76.00Sector PerformLow
10/20/2021
PACW
PacWest Bancorp
Boost Price Target$48.00$52.00 ➝ $55.00OutperformLow
10/20/2021
SNV
Synovus Financial
Boost Price Target$49.00$51.00 ➝ $56.00Outperform ➝ OutperformMedium
10/20/2021
BK
The Bank of New York Mellon
Boost Price Target$59.00$49.00 ➝ $60.00Sector Perform ➝ Sector PerformHigh
10/20/2021
ENTA
Enanta Pharmaceuticals
Boost Price Target$72.00$58.00 ➝ $74.00Sector PerformMedium
10/20/2021
QSR
Restaurant Brands International
Lower Price TargetC$75.00C$80.00 ➝ C$74.00N/A
10/20/2021
ONEXF
Onex
Boost Price TargetC$79.00C$118.00 ➝ C$125.00OutperformLow
10/20/2021
DAI
Daimler
Set Price Target€82.00 €106.00N/A
10/20/2021
ELS
Equity LifeStyle Properties
Boost Price Target$86.00$82.00 ➝ $85.00Sector PerformLow
10/20/2021
BMW
Bayerische Motoren Werke Aktiengesellschaft
Set Price Target€85.00 €105.00N/A
10/20/2021
ONEX
Onex
Boost Price TargetC$98.00C$118.00 ➝ C$125.00OutperformN/A
10/20/2021
CNI
Canadian National Railway
Downgrade$131.00Outperform ➝ Sector PerformLow
10/20/2021
ML
Compagnie Générale des Établissements Michelin Société en commandite par actions
Set Price Target€133.00 €143.00N/A
10/20/2021
DOV
Dover
Boost Price Target$169.00$163.00 ➝ $171.00Sector PerformMedium
10/20/2021
VOW3
Volkswagen
Set Price Target€187.00 €310.00N/A
10/19/2021
CWAN
Clearwater Analytics
Initiated Coverage$25.00 $29.00OutperformHigh
10/19/2021
ACI
Albertsons Companies
Boost Price Target$29.00$20.00 ➝ $33.00Positive ➝ OutperformHigh
10/19/2021
DWS
DWS Group GmbH & Co. KGaA
Set Price Target€37.00 €43.00N/A
10/19/2021
ITCI
Intra-Cellular Therapies
Boost Price Target$42.00$44.00 ➝ $48.00OutperformHigh
10/19/2021
BN
Danone
Set Price Target€57.00 €50.00N/A
10/19/2021
ZION
Zions Bancorporation, National Association
Boost Price Target$65.00$65.00 ➝ $66.00Sector PerformHigh
10/19/2021
DG
Vinci
Set Price Target€91.00 €100.00N/A
10/19/2021
STT
State Street
Boost Price Target$99.00$86.00 ➝ $99.00Sector PerformHigh
10/19/2021
LHCG
LHC Group
Lower Price Target$150.00$253.00 ➝ $192.00OutperformHigh
10/19/2021
ALB
Albemarle
Upgrade$235.00$246.00 ➝ $280.00Sector Perform ➝ OutperformHigh
10/19/2021
MC
LVMH Moët Hennessy - Louis Vuitton, Société Européenne
Set Price Target€656.00 €785.00N/A
10/19/2021
KER
Kering
Set Price Target€647.00 €830.00N/A
10/19/2021
RIO
Rio Tinto Group
Set Price TargetGBX 4,886 GBX 4,200N/A
10/18/2021
BLU
BELLUS Health
Boost Price Target$6.00$8.00 ➝ $9.00OutperformHigh
10/18/2021
THRN
Thorne Healthtech
Initiated Coverage$8.00 $11.00OutperformMedium
10/18/2021
CTT
CatchMark Timber Trust
Lower Price Target$9.00$12.00 ➝ $9.00Sector PerformHigh
10/18/2021
SUM
Summit Materials
Downgrade$35.00 $37.00Outperform ➝ Sector PerformHigh
10/18/2021
VACNY
VAT Group
Boost Price TargetCHF 45CHF 400 ➝ CHF 440OutperformLow
10/18/2021
BECN
Beacon Roofing Supply
Upgrade$52.00 $63.00Sector Perform ➝ OutperformHigh
10/18/2021
CPE
Callon Petroleum
Initiated Coverage$53.00Sector PerformLow
10/18/2021
BOSS
Hugo Boss
Set Price Target€52.00 €66.00N/A
10/18/2021
UDR
UDR
Boost Price Target$55.00$50.00 ➝ $57.00Sector PerformLow
10/18/2021
EVA
Enviva Partners
Boost Price Target$64.00$60.00 ➝ $75.00Positive ➝ OutperformHigh
10/18/2021
FBHS
Fortune Brands Home & Security
Upgrade$98.00$114.00 ➝ $109.00Sector Perform ➝ OutperformMedium
10/18/2021
LVMUY
LVMH Moët Hennessy - Louis Vuitton, Société Européenne
Reiterated Rating$153.00OutperformLow
10/18/2021
PNC
The PNC Financial Services Group
Boost Price Target$213.00$200.00 ➝ $220.00OutperformLow
10/18/2021
GS
The Goldman Sachs Group
Reiterated Rating$408.00$370.00 ➝ $435.00Sector PerformLow
10/15/2021
CDDRF
Headwater Exploration
Initiated Coverage$4.00OutperformHigh
10/15/2021
HWX
Headwater Exploration
Initiated CoverageC$5.00 C$7.00BuyN/A
10/15/2021
ANFGF
Antofagasta
Upgrade$20.00 $1,350.00Underperform ➝ Sector PerformHigh
10/15/2021
PLUG
Plug Power
Boost Price Target$33.00$35.00 ➝ $40.00OutperformHigh
10/15/2021
BAC
Bank of America
Boost Price Target$47.00$44.00 ➝ $50.00OutperformHigh
10/15/2021
DCT
Duck Creek Technologies
Lower Price Target$33.00$51.00 ➝ $47.00Positive ➝ OutperformHigh
10/15/2021
USB
U.S. Bancorp
Boost Price Target$63.00$62.00 ➝ $66.00OutperformMedium
10/15/2021
MS
Morgan Stanley
Downgrade$101.00 $97.00Outperform ➝ Sector PerformMedium
10/15/2021
DB1
Deutsche Börse
Set Price Target€146.00 €150.00N/A
10/15/2021
3IN
3i Infrastructure
Reiterated RatingGBX 320 GBX 350OutperformN/A
10/15/2021
UNH
UnitedHealth Group
Boost Price Target$435.00$473.00 ➝ $476.00OutperformHigh
10/15/2021
DPZ
Domino's Pizza
Lower Price Target$459.00$600.00 ➝ $565.00OutperformHigh
10/15/2021
ANTO
Antofagasta
UpgradeGBX 1,462GBX 1,150 ➝ GBX 1,350Sector PerformN/A
10/14/2021
BKBEF
Pipestone Energy
Upgrade$2.00Sector Perform ➝ OutperformHigh
10/14/2021
CBK
Commerzbank
Set Price Target€6.00 €7.00N/A
10/14/2021
ENI
ENI
Set Price Target€12.00 €15.00N/A
10/14/2021
E
ENI
Upgrade$29.00Sector Perform ➝ OutperformLow
10/14/2021
VWAGY
Volkswagen
Reiterated Rating$31.00OutperformLow
10/14/2021
LYFT
Lyft
Lower Price Target$49.00$70.00 ➝ $65.00OutperformHigh
10/14/2021
NEWR
New Relic
Initiated Coverage$74.00 $74.00Sector PerformMedium
10/14/2021
AKAM
Akamai Technologies
Initiated Coverage$108.00 $140.00OutperformLow
10/14/2021
JPM
JPMorgan Chase & Co.
Boost Price Target$171.00$160.00 ➝ $175.00OutperformLow
10/14/2021
VOW3
Volkswagen
Set Price Target€187.00 €310.00N/A
10/14/2021
FRC
First Republic Bank
Boost Price Target$213.00$208.00 ➝ $212.00Sector PerformHigh
10/14/2021
LSEG
London Stock Exchange Group
Reiterated RatingGBX 7,954 £103OutperformN/A
10/13/2021
TCN
Tricon Residential
Boost Price Target$14.00$14.00 ➝ $15.50OutperformMedium
10/13/2021
TCN
Tricon Residential
Boost Price TargetC$17.00C$14.00 ➝ C$15.50OutperformN/A
10/13/2021
HNSBF
Hansa Biopharma AB (publ)
Reiterated Rating$18.00OutperformN/A
10/13/2021
STZHF
Stelco
Lower Price TargetC$34.00C$62.00 ➝ C$61.00OutperformLow
10/13/2021
COLB
Columbia Banking System
Lower Price Target$36.00$42.00 ➝ $38.00Sector PerformHigh
10/13/2021
G1A
GEA Group Aktiengesellschaft
Set Price Target€40.00 €35.00N/A
10/13/2021
ATZ
Aritzia
Boost Price TargetC$50.00C$40.00 ➝ C$44.00Outperform ➝ Sector PerformN/A
10/13/2021
STLC
Stelco
Lower Price TargetC$43.00C$62.00 ➝ C$61.00OutperformN/A
10/13/2021
IFCZF
Intact Financial
Lower Price TargetC$136.00C$197.00 ➝ C$195.00OutperformHigh
10/13/2021
SU
Schneider Electric S.E.
Set Price Target€143.00 €150.00N/A
10/13/2021
JPM
JPMorgan Chase & Co.
Set Price Target$171.00 $160.00Medium
10/13/2021
IFC
Intact Financial
Lower Price TargetC$168.00C$197.00 ➝ C$195.00OutperformN/A
10/13/2021
MC
LVMH Moët Hennessy - Louis Vuitton, Société Européenne
Set Price Target€656.00 €780.00N/A
10/13/2021
RAA
RATIONAL Aktiengesellschaft
Set Price Target€839.00 €540.00N/A
10/13/2021
HUBS
HubSpot
Boost Price Target$795.00$610.00 ➝ $925.00OutperformHigh
10/13/2021
RHIM
RHI Magnesita
DowngradeGBX 3,222GBX 4,750 ➝ GBX 3,700Sector PerformN/A
10/13/2021
RIO
Rio Tinto Group
Reiterated RatingGBX 4,886 GBX 4,200Sector PerformN/A
10/12/2021
ATNX
Athenex
Lower Price Target$3.00$8.00 ➝ $5.00OutperformHigh