Royal Bank of Canada (RY:CA) (RY)
Scotiabank raised its 12 month target price on the Royal Bank of Canada to $242.00 from $231.00, reflecting improved confidence in the bank’s earnings outlook and balance sheet strength. The valuation increase is supported by resilient net interest margins, stable credit quality, and solid capital levels, which position RBC to navigate a slowing economic environment while continuing to deliver consistent profitability. Scotiabank’s adjustment also shows expectations for sustained revenue growth across wealth management and capital markets, as well as continued benefits from scale and market leadership within Canada’s banking sector.
STA Research (StockTargetAdvisor.com) is a independent Investment Research company that specializes in stock forecasting and analysis with integrated AI, based on our platform stocktargetadvisor.com, EST 2007.
F*ckin’ amazing issues here. I’m very glad to look your article. Thank you so much and i’m having a look forward to contact you. Will you kindly drop me a e-mail?
That is very fascinating, You’re an overly skilled blogger. I’ve joined your rss feed and stay up for searching for more of your magnificent post. Also, I have shared your website in my social networks!