Viewing Company Royal Bank | StockChase
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Compiling comments that experts make about stocks while on public TV.

Royal Bank Stock Symbol: RY-T

Last Price Recorded: $99.1900 on 2017-02-21

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Date Signal Expert Opinion Price
2017-02-03 COMMENT David Cockfield

This is not at the top of his list. They’ve tried to move into the US to a degree, but are a little behind. TD (TD-T) has probably got the best footprint in the US if you want to run with the US banking system. With the Dodd-Frank act coming off the table, he thinks US banks will do better than the Canadians. However, the Royal is one of the biggest banks and the safest.


Price:
$94.600
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Unknown
2017-01-19 COMMENT John O'Connell, CFA

A well-run bank. All the banks have had a very good run since the US election, but are all looking a little pricey. However, with a long-term view, the banks will continue to do well. This is the leader in many respects. Thinks the wealth management side will have some margin pressures this year, as their investment advisors have to start disclosing how much they are charging their clients in terms of fees. Investment banking is under pressure. The M&A advisory business is getting very competitive. Americans are starting to come up here more often. The bank has a big business in the US, which is doing very well. On the lending side, he doesn’t think Canadian banks can continue to pile on debt on to Canadian consumers like they have in the last 20 years. Dividend yield of about 3.3%. Thinks this could correct back down to the low $80s in a nasty market.


Price:
$93.280
Subject:
NORTH AMERICAN - LARGE
Bias:
BEAR
Owned:
Yes
2017-01-11 BUY Christine Poole

Canadian Banks? They’ve had a very good 2016, but remember that 2015 was a negative year for banks. They were down about 11% on average because of concerns on energy, housing crisis, etc. Earnings were revised upwards and multiple expansions back to historical averages. She still likes them, because she is constructive on the Canadian and US economy. Her long-time favourites have been Royal Bank (RY-T) and Toronto Dominion (TD-T), and also owns Bank of Montréal (BMO-T). TD and Royal have exposure to the US with TD at about 25%-30%, and Royal at 22%. Thinks Royal’s is going to increase as they are now integrating City National. These both are trading at reasonable valuations.


Price:
$93.890
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2017-01-05 PAST TOP PICK Douglas Kee

(A Top Pick Oct 8/15. Up 31.45%.) If your time horizon is 3-5 years, this would still be a Buy, maybe a 3rd of  a position. All the banks will benefit from rising interest rates, because they will be able to expand their margins over time. (See Top Picks.)


Price:
$92.820
Subject:
CANADIAN DIVIDEND
Bias:
OPTIMISTIC
Owned:
Yes
2016-12-20 BUY on WEAKNESS Barry Schwartz

(Market Call Minute.) Banks have had a huge run up, and you have to wait for a pullback before you pull the trigger.


Price:
$91.950
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC
Owned:
Unknown
2016-12-14 TOP PICK Christine Poole

She chose this to reflect her view that the Canadian economy is recovering. Energy problems are largely behind them. Even though bank stocks have done very well this past year, previous sentiment had been so negative on the sector, valuations are extremely attractive. The acquisition of City National enhances its US presence with high net worth clients and commercial banking. On a 10-year average, this is trading at a BV of 2.4X, and is currently at 2.1X. Dividend yield of 3.67%. (Analysts’ price target is $91.28.)


Price:
$90.670
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2016-12-13 COMMENT Brooke Thackray

The seasonal period for banks is from October 10 to November 27, which would have worked out very well this year for this bank. It broke out above its previous high back in 2014, and is now in no man’s land, i.e. it is still going up. He looks for this one to do well once again from January into mid April.


Price:
$91.200
Subject:
TECHNICAL ANALYSIS & SEASONAL INVESTING
Bias:
BULLISH
Owned:
Unknown
2016-12-09 TOP PICK Richard Croft

Buy Long Term Call on Royal Bank. He likes the Canadian banks and thinks there is quite a bit of runway ahead of them. This gives you a great dividend. This comes back to the low interest rate environment. Call options get lowered in price, because interest rates are low relative to the dividend that the Bank is paying. He would Buy out to January 2018.


Price:
$90.300
Subject:
OPTIONS & ETFs
Bias:
OPTIMISTIC
Owned:
Unknown
2016-11-28 COMMENT Teal Linde

Take some profits? If you are a short-term trader, he would take some money off the table. However, he thinks this is a core holding for the long-term.


Price:
$89.270
Subject:
NORTH AMERICAN - LARGE/MID CAPS
Bias:
UNKNOWN
Owned:
Yes
2016-11-15 PAST TOP PICK Christine Poole

(A Top Pick Dec 17/15. Up 19.67%.) A year ago, there were concerns about the energy patch impact on Canadian banks, and where the Canadian economy was going. Wait for a pullback before you add or increase your position. Still trading at about 2X BV, with a yield of just under 4%.


Price:
$86.020
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Yes
2016-10-13 COMMENT David Baskin

There is nothing special about this bank. It’s the biggest in Canada, but if you look at Bank of Nova Scotia (BNS-T) you can point to international exposure. National Bank (NA-T) has Québec locked up. Toronto Dominion (TD-T) has a bank on every corner in New York City. Bank of Montréal (BMO-T) made a big acquisition in Chicago. There is really nothing to distinguish this one from the crowd. It steady, it’s solid and it’s boring. It’s going to pay its dividend and its going to raise its dividend. Don’t expect the stock price to take off though.


Price:
$82.610
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Unknown
2016-10-03 HOLD Lyle Stein

Canadian banks have been the place to be.  Continue to hold it.


Price:
$80.950
Subject:
CANADIAN
Bias:
SELECTIVE
Owned:
Yes
2016-09-23 HOLD Greg Newman

This doesn’t have the highest growth rate, but has a pretty good one. Bank of Nova Scotia (BNS-T) has the highest at around 8% over the next couple of years. He is modelling 6% for this. Very high capital ratio. One of the catalysts that Royal has is that it has not had restructuring plans like the others, but if they do that, the market will be rewarding it.


Price:
$81.400
Subject:
CANADIAN DIVIDEND & DEFENSIVE STRATEGIES
Bias:
UNKNOWN
Owned:
Unknown
2016-09-21 HOLD Nick Majendie

Disappointed the street a little in the 2nd quarter, relative to the other banks, but that is a short-term thing. A very, very well-run bank. There acquisition of City National makes a lot of sense and will add value over time.


Price:
$81.600
Subject:
CANADIAN LARGE
Bias:
UNKNOWN
Owned:
Yes
2016-09-08 BUY Steve Belisle

Canadian banks have shown their resiliency and good risk management in this energy downturn, and have come out of much better than what people expected. Most of the banks have been taking big restructuring charges lately, consisting mostly of severances that they have been paying. This bank has not done that. They have been taking small charges every quarter, but they left that in their adjusted earnings, which means their earnings quality was quite good. Have reduced their Canadian tellers from 11,000 to 6000. They are the most efficient bank in digitalization, so they have the lowest cost of production. Also, their provisions for energy loans were much higher than what they needed to take, and those provisions could come back into earnings in the next few years.


Price:
$81.060
Subject:
NORTH AMERICAN DIVIDENDS
Bias:
CAUTIOUS
Owned:
Yes
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