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RY

Royal Bank of Canada

$61.94

-0.01 (-0.02%)

07:55
10/13/16
10/13
07:55
10/13/16
07:55

Royal Bank of Canada upgraded to Buy from Hold at Canaccord

Canaccord analyst Gabriel Dechaine upgraded Royal Bank of Canada to Buy from Hold as his review of the potential downside risk to Canadian bank earnings in an economic downturn showed the company's capital ratios would remain healthy. Dechaine also cited the company's potential turnaround in P&C earnings, leverage to rising U.S. interest rates, and strong capital position. Dechaine raised his price target to C$89 from C$85 on Royal Bank of Canada shares.

RY Royal Bank of Canada
$61.94

-0.01 (-0.02%)

03/01/16
TDSI
03/01/16
DOWNGRADE
TDSI
Hold
Royal Bank of Canada downgraded to Hold from Buy at TD Securities
07/06/16
07/06/16
NO CHANGE

Vantiv, Warburg seeking to buy payments business, Bloomberg reports
Vantiv (VNTV) and Warburg Pincus are among suitors seeking to buy a U.S. payments business owned by Royal Bank of Canada (RY) and Bank of Montreal (BMO), according to Bloomberg, citing people familiar with the matter. Moneris U.S., a division of Moneris Solutions, could be worth as much as $600M in a sale, the publication said. Reference Link
07/12/16
BOFA
07/12/16
INITIATION
Target $57
BOFA
Underperform
Royal Bank of Canada reinstated with an Underperform at BofA/Merrill
Target $57.
09/21/16
DUND
09/21/16
INITIATION
DUND
Neutral
Royal Bank of Canada initiated with a Neutral at Dundee

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