Royal Bank of Canada (TSE:RY) (NYSE:RY) insider Helena Gottschling sold 1,080 shares of the stock in a transaction dated Tuesday, May 22nd. The stock was sold at an average price of C$101.81, for a total transaction of C$109,954.80.
Helena Gottschling also recently made the following trade(s):
- On Friday, April 20th, Helena Gottschling sold 1,080 shares of Royal Bank of Canada stock. The shares were sold at an average price of C$97.08, for a total transaction of C$104,846.40.
- On Thursday, February 22nd, Helena Gottschling sold 1,080 shares of Royal Bank of Canada stock. The shares were sold at an average price of C$102.51, for a total transaction of C$110,710.80.
Shares of Royal Bank of Canada opened at C$99.12 on Friday, MarketBeat Ratings reports. Royal Bank of Canada has a twelve month low of C$90.13 and a twelve month high of C$108.52.
Royal Bank of Canada (TSE:RY) (NYSE:RY) last issued its earnings results on Friday, February 23rd. The financial services provider reported C$2.17 earnings per share for the quarter, beating the consensus estimate of C$1.97 by C$0.20. Royal Bank of Canada had a net margin of 26.17% and a return on equity of 16.49%. The business had revenue of C$10.83 billion for the quarter, compared to analyst estimates of C$9.82 billion.
The company also recently declared a quarterly dividend, which will be paid on Friday, August 24th. Investors of record on Thursday, July 26th will be issued a dividend of $0.94 per share. This represents a $3.76 annualized dividend and a yield of 3.79%.
A number of analysts recently weighed in on the stock. BMO Capital Markets restated a “market perform” rating and set a C$106.00 target price on shares of Royal Bank of Canada in a report on Monday, February 26th. CIBC downgraded shares of Royal Bank of Canada from an “outperform” rating to a “neutral” rating and increased their target price for the stock from C$113.00 to C$114.00 in a research report on Thursday, February 1st. Barclays increased their target price on shares of Royal Bank of Canada from C$100.00 to C$103.00 in a research report on Monday, February 26th. National Bank Financial raised their price target on shares of Royal Bank of Canada from C$107.00 to C$109.00 and gave the company a “sector perform” rating in a report on Monday, February 26th. Finally, Canaccord Genuity raised their price target on shares of Royal Bank of Canada from C$107.00 to C$109.00 in a report on Monday, February 26th. Four analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of C$110.80.
Royal Bank of Canada Company Profile
Royal Bank of Canada, together with its subsidiaries, operates as a diversified financial service company worldwide. The company's Personal & Commercial Banking segment offers personal and business banking services, as well as auto financing and retail investment products. This segment also provides a suite of financial products and services to individual, business clients, and public institutions through its branch, automated teller machines, online, mobile, and telephone banking networks, as well as through sales professionals.
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