Royal Bank of Canada Stock Recommendations and Price Targets

Royal Bank of Canada operates as a diversified financial service company worldwide. The company's Personal & Commercial Banking segment offers checking and savings accounts, home equity financing, personal lending, private banking, indirect lending, including auto financing, mutual funds and self-directed brokerage accounts, guaranteed investment certificates, credit cards, and payment products and solutions; and lending, leasing, deposit, investment, foreign exchange, cash management, auto dealer financing, trade products, and services to small and medium-sized commercial businesses. This segment offers financial products and services through branches, automated teller machines, and mobile sales network. Its Wealth Management segment provides a suite of wealth, investment, trust, banking, credit, and other advice-based solutions and strategies to high net worth and ultra-high net worth individuals, and institutional clients; asset management products to institutional and individual clients; and asset and investor services to financial institutions, asset managers, and asset owners. The company's Insurance segment offers life, health, home, auto, travel, wealth, annuities, property and casualty, and reinsurance advice and solutions; and business insurance services to individual, business, and group clients through its advice centers, RBC insurance stores, and mobile advisors; digital platforms; and independent brokers and partners. The company's Capital Markets segment offers advisory and origination, sales and trading, lending and financing, and transaction banking services to corporations, institutional clients, asset managers, private equity firms, and governments. The company was founded in 1864 and is headquartered in Toronto, Canada.

This is a list of recent ratings by Royal Bank of Canada.

Date	Company Name	Action	Current Price	Price Target	Rating	Impact on Share Price
11/20/2024	NOG Northern Oil and Gas	Downgrade	$42.00	$43.00 ➝ $45.00	Outperform ➝ Sector Perform	N/A
11/20/2024	AZEK AZEK	Boost Price Target	$48.00	$46.00 ➝ $50.00	Outperform ➝ Outperform	N/A
11/20/2024	VVV Valvoline	Lower Price Target	$38.00	$52.00 ➝ $46.00	Outperform ➝ Outperform	N/A
11/20/2024	CHRD Chord Energy	Lower Price Target	$130.00	$185.00 ➝ $180.00	Outperform ➝ Outperform	N/A
11/20/2024	LOW Lowe's Companies	Boost Price Target	$263.00	$290.00 ➝ $291.00	Sector Perform ➝ Sector Perform	N/A
11/20/2024	SGRY Surgery Partners	Lower Price Target	$23.00	$49.00 ➝ $35.00	Outperform ➝ Outperform	N/A
11/20/2024	MDA MDA Space	Boost Price Target	C$27.00	C$28.00 ➝ C$30.00		N/A
11/19/2024	TSCDY Tesco	Initiated Coverage	$13.00		Sector Perform	N/A
11/19/2024	TBN Tamboran Resources	Reiterated Rating	$18.00	$31.00 ➝ $31.00	Sector Perform ➝ Sector Perform	N/A
11/19/2024	AHCO AdaptHealth	Lower Price Target	$10.00	$13.00 ➝ $11.00	Outperform ➝ Outperform	N/A
11/19/2024	OBDC Blue Owl Capital	Reiterated Rating	$15.00	$17.00 ➝ $17.00	Outperform ➝ Outperform	N/A
11/19/2024	STZ Constellation Brands	Reiterated Rating	$240.00	$308.00 ➝ $308.00	Outperform ➝ Outperform	N/A
11/19/2024	FTNT Fortinet	Boost Price Target	$92.00	$82.00 ➝ $97.00	Sector Perform ➝ Sector Perform	N/A
11/19/2024	GWRE Guidewire Software	Reiterated Rating	$197.00	$215.00 ➝ $215.00	Outperform ➝ Outperform	N/A
11/19/2024	PFG Principal Financial Group	Boost Price Target	$84.00	$87.00 ➝ $91.00	Sector Perform ➝ Sector Perform	N/A
11/19/2024	AGL agilon health	Reiterated Rating	$2.00	$3.00 ➝ $3.00	Outperform ➝ Outperform	N/A
11/19/2024	MFIC MidCap Financial Investment	Reiterated Rating	$14.00	$14.00 ➝ $14.00	Sector Perform ➝ Sector Perform	N/A
11/19/2024	NDAQ Nasdaq	Reiterated Rating	$80.00	$88.00 ➝ $88.00	Outperform ➝ Outperform	N/A
11/19/2024	LCID Lucid Group	Lower Price Target	$2.00	$3.00 ➝ $2.00	Sector Perform ➝ Sector Perform	N/A
11/18/2024	PRRFY Premier Foods	Upgrade	$12.00		Moderate Buy	N/A
11/18/2024	INGM Ingram Micro	Initiated Coverage	$22.00	$26.00	Outperform	N/A
11/18/2024	FTI TechnipFMC	Initiated Coverage	$29.00	$37.00	Outperform	N/A
11/18/2024	BE Bloom Energy	Boost Price Target	$25.00	$15.00 ➝ $28.00	Outperform ➝ Outperform	N/A
11/18/2024	FSK FS KKR Capital	Boost Price Target	$22.00	$20.00 ➝ $21.00	Sector Perform ➝ Sector Perform	N/A
11/18/2024	GILD Gilead Sciences	Boost Price Target	$89.00	$81.00 ➝ $84.00	Sector Perform ➝ Sector Perform	N/A
11/18/2024	KBDC Kayne Anderson BDC	Boost Price Target	$16.00	$17.00 ➝ $18.00	Outperform ➝ Outperform	N/A
11/18/2024	MPLX Mplx	Boost Price Target	$48.00	$50.00 ➝ $52.00	Outperform ➝ Outperform	N/A
11/18/2024	ACHC Acadia Healthcare	Lower Price Target	$39.00	$94.00 ➝ $64.00	Outperform ➝ Outperform	N/A
11/18/2024	AHR American Healthcare REIT	Boost Price Target	$28.00	$28.00 ➝ $30.00	Outperform ➝ Outperform	N/A
11/18/2024	WMT Walmart	Boost Price Target	$87.00	$88.00 ➝ $92.00	Overweight ➝ Overweight	N/A
11/15/2024	SBUX Starbucks	Initiated Coverage	$98.00	$115.00 ➝ $115.00	Outperform ➝ Outperform	N/A
11/15/2024	FA First Advantage	Initiated Coverage	$18.00	$22.00 ➝ $22.00	Outperform ➝ Outperform	N/A
11/15/2024	CMG Chipotle Mexican Grill	Initiated Coverage	$59.00	$70.00 ➝ $70.00	Outperform ➝ Outperform	N/A
11/15/2024	EFXT Enerflex	Boost Price Target	$9.00	$9.00 ➝ $12.00	Outperform ➝ Outperform	N/A
11/15/2024	HOOK Hookipa Pharma	Lower Price Target	$3.00	$50.00 ➝ $48.00	Outperform ➝ Outperform	N/A
11/15/2024	SW Smurfit Westrock	Reiterated Rating	$56.00	$58.00 ➝ $58.00	Outperform ➝ Outperform	N/A
11/15/2024	FDS FactSet Research Systems	Reiterated Rating	$474.00	$503.00 ➝ $503.00	Sector Perform ➝ Sector Perform	N/A
11/15/2024	NICE NICE	Reiterated Rating	$171.00	$260.00 ➝ $260.00	Outperform ➝ Outperform	N/A
11/15/2024	PAA Plains All American Pipeline	Reiterated Rating	$18.00	$19.00 ➝ $19.00	Sector Perform ➝ Sector Perform	N/A
11/15/2024	TTEK Tetra Tech	Reiterated Rating	$40.00	$52.00 ➝ $52.00	Outperform ➝ Outperform	N/A
11/15/2024	BLUE bluebird bio	Reiterated Rating	$0.00	$4.00 ➝ $4.00	Sector Perform ➝ Sector Perform	N/A
11/15/2024	TSLA Tesla	Boost Price Target	$342.00	$249.00 ➝ $313.00	Outperform ➝ Outperform	N/A
11/15/2024	HP Helmerich & Payne	Lower Price Target	$34.00	$44.00 ➝ $41.00	Sector Perform ➝ Sector Perform	N/A
11/15/2024	INO Inovio Pharmaceuticals	Lower Price Target	$4.00	$7.00 ➝ $6.00	Sector Perform ➝ Sector Perform	N/A
11/15/2024	CVS CVS Health	Lower Price Target	$57.00	$68.00 ➝ $58.00	Outperform ➝ Outperform	N/A
11/15/2024	ACO.X ATCO	Boost Price Target	C$48.00	C$50.00 ➝ C$51.00		N/A
11/15/2024	CU Canadian Utilities	Boost Price Target	C$35.00	C$38.00 ➝ C$39.00		N/A
11/15/2024	CCL.B CCL Industries	Lower Price Target	C$78.00	C$92.00 ➝ C$90.00		N/A
11/15/2024	POU Paramount Resources	Boost Price Target	C$31.00	C$34.00 ➝ C$37.00		N/A
11/15/2024	SCR Strathcona Resources	Boost Price Target	C$32.00	C$34.00 ➝ C$36.00		N/A
11/14/2024	MOS Mosaic	Reiterated Rating	$25.00	$30.00 ➝ $30.00	Sector Perform ➝ Sector Perform	N/A
11/14/2024	WPRT Westport Fuel Systems	Reiterated Rating	$4.00	$8.00 ➝ $8.00	Sector Perform ➝ Sector Perform	N/A
11/14/2024	INCY Incyte	Boost Price Target	$71.00	$72.00 ➝ $80.00	Sector Perform ➝ Sector Perform	N/A
11/14/2024	LOAR Loar	Reiterated Rating	$88.00	$100.00 ➝ $100.00	Outperform ➝ Outperform	N/A
11/14/2024	MA Mastercard	Reiterated Rating	$513.00	$572.00 ➝ $572.00	Outperform ➝ Outperform	N/A
11/14/2024	MGTX MeiraGTx	Boost Price Target	$6.00	$9.00 ➝ $11.00	Outperform ➝ Outperform	N/A
11/14/2024	OPRX OptimizeRx	Lower Price Target	$4.00	$14.00 ➝ $7.00	Outperform ➝ Outperform	N/A
11/14/2024	FDMT 4D Molecular Therapeutics	Lower Price Target	$8.00	$40.00 ➝ $39.00	Outperform ➝ Outperform	N/A
11/14/2024	ADUS Addus HomeCare	Reiterated Rating	$121.00	$136.00 ➝ $136.00	Outperform ➝ Outperform	N/A
11/14/2024	AROC Archrock	Boost Price Target	$24.00	$26.00 ➝ $27.00	Outperform ➝ Outperform	N/A
11/14/2024	ARDT Ardent Health Partners	Reiterated Rating	$16.00	$23.00 ➝ $23.00	Outperform ➝ Outperform	N/A
11/14/2024	CNNE Cannae	Boost Price Target	$21.00	$26.00 ➝ $27.00	Outperform ➝ Outperform	N/A
11/14/2024	CYBR CyberArk Software	Boost Price Target	$317.00	$328.00 ➝ $358.00	Outperform ➝ Outperform	N/A
11/14/2024	FULC Fulcrum Therapeutics	Reiterated Rating	$3.00	$4.00 ➝ $4.00	Sector Perform ➝ Sector Perform	N/A
11/14/2024	PSFE Paysafe	Lower Price Target	$17.00	$25.00 ➝ $21.00	Sector Perform ➝ Sector Perform	N/A
11/14/2024	TWFG TWFG	Boost Price Target	$33.00	$30.00 ➝ $38.00	Outperform ➝ Outperform	N/A
11/14/2024	VCTR Victory Capital	Boost Price Target	$66.00	$61.00 ➝ $72.00	Outperform ➝ Outperform	N/A
11/14/2024	VIRX Viracta Therapeutics	Lower Price Target	$0.00	$4.00 ➝ $2.00	Outperform ➝ Outperform	N/A
11/14/2024	CAE CAE	Boost Price Target	C$32.00	C$27.00 ➝ C$34.00		N/A
11/14/2024	EIF Exchange Income	Boost Price Target	C$56.00	C$65.00 ➝ C$71.00		N/A
11/14/2024	FTT Finning International	Lower Price Target	C$37.00	C$50.00 ➝ C$46.00		N/A
11/14/2024	SU Suncor Energy	Boost Price Target	C$57.00	C$64.00 ➝ C$66.00		N/A
11/14/2024	FORA VerticalScope	Boost Price Target	C$8.00	C$15.00 ➝ C$16.00		N/A
11/13/2024	JMIA Jumia Technologies	Initiated Coverage	$4.00	$5.00	Sector Perform	N/A
11/13/2024	LINE Lineage	Lower Price Target	$64.00	$94.00 ➝ $81.00	Outperform ➝ Outperform	N/A
11/13/2024	HON Honeywell International	Boost Price Target	$227.00	$213.00 ➝ $253.00	Sector Perform ➝ Sector Perform	N/A
11/13/2024	EVCM EverCommerce	Boost Price Target	$11.00	$12.00 ➝ $14.00	Outperform ➝ Outperform	N/A
11/13/2024	BHVN Biohaven	Lower Price Target	$47.00	$68.00 ➝ $66.00	Outperform ➝ Outperform	N/A
11/13/2024	COLD Americold Realty Trust	Lower Price Target	$23.00	$33.00 ➝ $30.00	Outperform ➝ Outperform	N/A
11/13/2024	SHOP Shopify	Boost Price Target	$104.00	$100.00 ➝ $130.00	Outperform ➝ Outperform	N/A
11/13/2024	RKT Rocket Companies	Lower Price Target	$14.00	$20.00 ➝ $18.00	Sector Perform ➝ Sector Perform	N/A
11/12/2024	FER Ferrovial	Upgrade	$39.00		Hold	N/A
11/12/2024	JMIA Jumia Technologies	Upgrade	$4.00		Hold	N/A
11/12/2024	VCISY Vinci	Upgrade	$26.00		Moderate Buy	N/A
11/12/2024	LGND Ligand Pharmaceuticals	Boost Price Target	$112.00	$130.00 ➝ $140.00	Outperform ➝ Outperform	N/A
11/12/2024	ALB Albemarle	Boost Price Target	$110.00	$108.00 ➝ $133.00	Outperform ➝ Outperform	N/A
11/12/2024	EVH Evolent Health	Reiterated Rating	$11.00	$20.00 ➝ $20.00	Outperform ➝ Outperform	N/A
11/12/2024	NVRO Nevro	Reiterated Rating	$4.00	$7.00 ➝ $7.00	Sector Perform ➝ Sector Perform	N/A
11/12/2024	TSLX Sixth Street Specialty Lending	Reiterated Rating	$20.00	$23.00 ➝ $23.00	Outperform ➝ Outperform	N/A
11/12/2024	SPRB Spruce Biosciences	Reiterated Rating	$0.00	$2.00 ➝ $2.00	Sector Perform ➝ Sector Perform	N/A
11/12/2024	VOYA Voya Financial	Boost Price Target	$80.00	$90.00 ➝ $95.00	Outperform ➝ Outperform	N/A
11/12/2024	EMP.A Empire	Boost Price Target	C$41.00	C$42.00 ➝ C$46.00		N/A
11/12/2024	WN George Weston	Boost Price Target	C$219.00	C$230.00 ➝ C$253.00		N/A
11/12/2024	L Loblaw Companies	Boost Price Target	C$177.00	C$183.00 ➝ C$205.00		N/A
11/12/2024	MRU Metro	Boost Price Target	C$87.00	C$84.00 ➝ C$90.00	Hold ➝ Buy	N/A
11/11/2024	BCE BCE	Lower Price Target	C$38.00	C$47.00 ➝ C$45.00		N/A
11/11/2024	TRGP Targa Resources	Boost Price Target	$203.00	$172.00 ➝ $199.00	Outperform ➝ Outperform	N/A
11/11/2024	SEAT Vivid Seats	Lower Price Target	$4.00	$7.00 ➝ $6.00	Sector Perform ➝ Sector Perform	N/A
11/11/2024	WLK Westlake	Lower Price Target	$128.00	$170.00 ➝ $167.00	Outperform ➝ Outperform	N/A
11/11/2024	CARG CarGurus	Boost Price Target	$35.00	$30.00 ➝ $42.00	Outperform ➝ Outperform	N/A