Royal Bank of Canada Stock Recommendations and Price Targets

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

DateCompany NameActionCurrent
Price
Price
Target
RatingImpact on
Share Price
5/6/2024
PACS
PACS Group
Initiated Coverage$25.00 $30.00OutperformLow
5/6/2024
EGP
EastGroup Properties
Lower Price Target$159.00$190.00 ➝ $172.00Sector Perform ➝ Sector PerformLow
5/6/2024
ESNT
Essent Group
Lower Price Target$56.00$64.00 ➝ $61.00Outperform ➝ OutperformLow
5/6/2024
PLD
Prologis
Lower Price Target$105.00$145.00 ➝ $124.00Outperform ➝ OutperformLow
5/6/2024
SEM
Select Medical
Boost Price Target$32.00$36.00 ➝ $40.00Outperform ➝ OutperformLow
5/6/2024
MOS
Mosaic
Lower Price Target$29.00$35.00 ➝ $32.00Sector Perform ➝ Sector PerformLow
5/6/2024
ALB
Albemarle
Boost Price Target$131.00$138.00 ➝ $157.00Outperform ➝ OutperformLow
5/6/2024
CPT
Camden Property Trust
Boost Price Target$106.00$107.00 ➝ $110.00Outperform ➝ OutperformLow
5/6/2024
CTVA
Corteva
Boost Price Target$56.00$62.00 ➝ $64.00Outperform ➝ OutperformLow
5/6/2024
FANG
Diamondback Energy
Boost Price Target$204.00$195.00 ➝ $220.00Outperform ➝ OutperformLow
5/6/2024
W
Wayfair
Boost Price Target$68.00$61.00 ➝ $65.00Sector Perform ➝ Sector PerformLow
5/6/2024
NVT
nVent Electric
Lower Price Target$76.00$89.00 ➝ $88.00Outperform ➝ OutperformLow
5/6/2024
AND
Andlauer Healthcare Group
Lower Price TargetC$40.00C$43.00 ➝ C$41.00Sector PerformN/A
5/6/2024
BBU
Brookfield Business Partners
Lower Price Target$19.00$32.00 ➝ $31.00OutperformLow
5/6/2024
BEP
Brookfield Renewable Partners
Boost Price Target$27.00$29.00 ➝ $31.00OutperformLow
5/6/2024
CS
Capstone Copper
Boost Price TargetC$11.00C$9.00 ➝ C$12.00OutperformN/A
5/6/2024
FFH
Fairfax Financial
Boost Price TargetC$1,552.00C$1,200.00 ➝ C$1,275.00OutperformN/A
5/6/2024
SGR.UN
Slate Grocery REIT
Lower Price TargetC$11.00C$9.50 ➝ C$9.00Sector PerformN/A
5/6/2024
TSU
Trisura Group
Boost Price TargetC$45.00C$44.00 ➝ C$52.00OutperformN/A
5/5/2024
X
TMX Group
Lower Price TargetC$37.00C$40.00 ➝ C$39.00Sector PerformN/A
5/3/2024
SHEL
Shell
Reiterated RatingGBX 2,898 GBX 3,000OutperformN/A
5/3/2024
LRE
Lancashire
Reiterated RatingGBX 610 GBX 825OutperformN/A
5/3/2024
GFTU
Grafton Group
Reiterated RatingGBX 921 GBX 1,140OutperformN/A
5/3/2024
SHI
SIG
Lower Price TargetGBX 26GBX 3,300 ➝ GBX 3,200Sector performN/A
5/3/2024
HSX
Hiscox
Reiterated RatingGBX 1,134 GBX 1,275Sector performN/A
5/3/2024
FTAI
FTAI Aviation
Initiated Coverage$78.00 $85.00OutperformLow
5/3/2024
AMGN
Amgen
Lower Price Target$299.00$332.00 ➝ $328.00Outperform ➝ OutperformLow
5/3/2024
EXPE
Expedia Group
Lower Price Target$116.00$155.00 ➝ $140.00Sector Perform ➝ Sector PerformLow
5/3/2024
FTNT
Fortinet
Lower Price Target$59.00$71.00 ➝ $68.00Sector Perform ➝ Sector PerformLow
5/3/2024
GDDY
GoDaddy
Boost Price Target$128.00$124.00 ➝ $145.00Outperform ➝ OutperformLow
5/3/2024
HWM
Howmet Aerospace
Boost Price Target$80.00$75.00 ➝ $90.00Outperform ➝ OutperformLow
5/3/2024
MKL
Markel Group
Boost Price Target$1,592.00$1,475.00 ➝ $1,625.00Sector Perform ➝ Sector PerformLow
5/3/2024
MRNA
Moderna
Boost Price Target$122.00$125.00 ➝ $135.00Outperform ➝ OutperformLow
5/3/2024
RKT
Rocket Companies
Boost Price Target$14.00$12.00 ➝ $14.00Sector Perform ➝ Sector PerformLow
5/3/2024
TTEK
Tetra Tech
Boost Price Target$212.00$203.00 ➝ $233.00Outperform ➝ OutperformLow
5/3/2024
WPC
W. P. Carey
Lower Price Target$58.00$65.00 ➝ $63.00Outperform ➝ OutperformLow
5/3/2024
AEP
American Electric Power
Boost Price Target$89.00$90.00 ➝ $100.00Outperform ➝ OutperformLow
5/3/2024
AXTA
Axalta Coating Systems
Boost Price Target$35.00$39.00 ➝ $42.00Outperform ➝ OutperformLow
5/3/2024
CIGI
Colliers International Group
Lower Price Target$112.00$150.00 ➝ $145.00Outperform ➝ OutperformLow
5/3/2024
SUM
Summit Materials
Boost Price Target$40.00$44.00 ➝ $46.00Sector Perform ➝ Sector PerformLow
5/3/2024
TXRH
Texas Roadhouse
Boost Price Target$168.00$145.00 ➝ $165.00Sector Perform ➝ Sector PerformLow
5/3/2024
UTZ
Utz Brands
Boost Price Target$19.00$19.00 ➝ $23.00Outperform ➝ OutperformLow
5/3/2024
VMC
Vulcan Materials
Boost Price Target$267.00$269.00 ➝ $272.00Sector Perform ➝ Sector PerformLow
5/3/2024
WCC
WESCO International
Lower Price Target$173.00$176.00 ➝ $172.00Sector Perform ➝ Sector PerformLow
5/3/2024
XYL
Xylem
Boost Price Target$139.00$157.00 ➝ $162.00Outperform ➝ OutperformLow
5/3/2024
AP.UN
Allied Properties Real Estate Investment
Lower Price TargetC$17.00C$20.00 ➝ C$19.00OutperformN/A
5/3/2024
ALA
AltaGas
Boost Price TargetC$30.00C$32.00 ➝ C$34.00OutperformN/A
5/3/2024
ACQ
AutoCanada
Lower Price TargetC$21.00C$22.00 ➝ C$21.00Sector PerformN/A
5/3/2024
GWO
Great-West Lifeco
Boost Price TargetC$43.00C$44.00 ➝ C$45.00Sector PerformN/A
5/3/2024
IGM
IGM Financial
Boost Price TargetC$38.00C$44.00 ➝ C$45.00N/A
5/3/2024
LUN
Lundin Mining
Boost Price TargetC$16.00C$13.00 ➝ C$17.00Sector PerformN/A
5/3/2024
POU
Paramount Resources
Boost Price TargetC$32.00C$34.00 ➝ C$36.00Sector PerformN/A
5/3/2024
TIH
Toromont Industries
Lower Price TargetC$124.00C$140.00 ➝ C$137.00OutperformN/A
5/2/2024
DASH
DoorDash
Lower Price Target$118.00$175.00 ➝ $165.00Outperform ➝ OutperformLow
5/2/2024
AFM
Alpha Financial Markets Consulting
DowngradeGBX 434GBX 420 ➝ GBX 465Sector performN/A
5/2/2024
FSLY
Fastly
Lower Price Target$9.00$18.00 ➝ $9.00Sector Perform ➝ Sector PerformLow
5/2/2024
OI
O-I Glass
Lower Price Target$13.00$25.00 ➝ $21.00Outperform ➝ OutperformLow
5/2/2024
QTWO
Q2
Boost Price Target$62.00$46.00 ➝ $60.00Sector Perform ➝ Sector PerformLow
5/2/2024
UPWK
Upwork
Lower Price Target$13.00$18.00 ➝ $15.00Sector Perform ➝ Sector PerformLow
5/2/2024
ZG
Zillow Group
Lower Price Target$41.00$66.00 ➝ $60.00Outperform ➝ OutperformLow
5/2/2024
CVNA
Carvana
Boost Price Target$123.00$90.00 ➝ $130.00Sector Perform ➝ Sector PerformLow
5/2/2024
BBD.B
Bombardier, Inc. Class B
Boost Price TargetC$74.00C$95.00 ➝ C$99.00OutperformN/A
5/2/2024
CCO
Cameco
Boost Price TargetC$69.00C$70.00 ➝ C$75.00OutperformN/A
5/2/2024
CGI
Canadian General Investments
Lower Price TargetC$38.00C$170.00 ➝ C$163.00N/A
5/2/2024
CPX
Capital Power
Lower Price TargetC$36.00C$41.00 ➝ C$39.00Sector PerformN/A
5/2/2024
CVE
Cenovus Energy
Boost Price TargetC$28.00C$32.00 ➝ C$33.00OutperformN/A
5/2/2024
GIB.A
CGI
Lower Price TargetC$142.00C$170.00 ➝ C$163.00OutperformN/A
5/2/2024
FCR.UN
First Capital Real Estate Investment Trust
Lower Price TargetC$15.00C$19.00 ➝ C$18.00OutperformN/A
5/2/2024
MRG.UN
Morguard North American Residential REIT
Lower Price TargetC$15.00C$20.00 ➝ C$19.00OutperformN/A
5/1/2024
PCH
PotlatchDeltic
Upgrade$43.00$45.00 ➝ $46.00Sector Perform ➝ OutperformLow
5/1/2024
TMHC
Taylor Morrison Home
Boost Price Target$59.00$61.00 ➝ $63.00Outperform ➝ OutperformLow
5/1/2024
SUI
Sun Communities
Lower Price Target$116.00$142.00 ➝ $130.00Outperform ➝ OutperformLow
5/1/2024
PINS
Pinterest
Boost Price Target$41.00$48.00 ➝ $52.00Outperform ➝ OutperformLow
5/1/2024
PYPL
PayPal
Boost Price Target$66.00$74.00 ➝ $84.00Outperform ➝ OutperformLow
5/1/2024
LDOS
Leidos
Boost Price Target$143.00$120.00 ➝ $140.00Sector Perform ➝ Sector PerformLow
5/1/2024
ECL
Ecolab
Boost Price Target$229.00$238.00 ➝ $260.00Outperform ➝ OutperformLow
5/1/2024
CVLT
Commvault Systems
Boost Price Target$109.00$97.00 ➝ $112.00Sector Perform ➝ Sector PerformLow
5/1/2024
CSR
Centerspace
Boost Price Target$69.00$66.00 ➝ $68.00Outperform ➝ OutperformLow
5/1/2024
AXP
American Express
Boost Price Target$234.00$253.00 ➝ $263.00Outperform ➝ OutperformLow
5/1/2024
MMM
3M
Boost Price Target$97.00$78.00 ➝ $87.00Underperform ➝ UnderperformLow
5/1/2024
THC
Tenet Healthcare
Boost Price Target$122.00$109.00 ➝ $136.00Outperform ➝ OutperformLow
5/1/2024
EQX
Equinox Gold
Boost Price TargetC$8.00C$7.00 ➝ C$8.00N/A
5/1/2024
FN
First National Financial
Lower Price TargetC$37.00C$43.00 ➝ C$41.00Sector PerformN/A
5/1/2024
IMO
Imperial Oil
Boost Price TargetC$95.00C$100.00 ➝ C$105.00Sector PerformN/A
5/1/2024
IVN
Ivanhoe Mines
Boost Price TargetC$20.00C$19.00 ➝ C$22.00OutperformN/A
4/30/2024
CTNM
Contineum Therapeutics
Initiated Coverage$15.00 $30.00OutperformLow
4/30/2024
MAIN
Main Street Capital
Boost Price Target$51.00$48.00 ➝ $52.00Outperform ➝ OutperformLow
4/30/2024
FFIV
F5
Lower Price Target$169.00$204.00 ➝ $182.00Sector Perform ➝ Sector PerformLow
4/30/2024
EMN
Eastman Chemical
Boost Price Target$99.00$100.00 ➝ $104.00Sector Perform ➝ Sector PerformLow
4/30/2024
DPZ
Domino's Pizza
Boost Price Target$522.00$525.00 ➝ $575.00Outperform ➝ OutperformLow
4/30/2024
COUR
Coursera
Lower Price Target$10.00$25.00 ➝ $18.00Outperform ➝ OutperformLow
4/30/2024
CLW
Clearwater Paper
Boost Price Target$48.00$41.00 ➝ $42.00Sector Perform ➝ Sector PerformLow
4/30/2024
CDMO
Avid Bioservices
Boost Price Target$8.00$7.00 ➝ $8.00Outperform ➝ OutperformLow
4/30/2024
BEZ
Beazley
Boost Price TargetGBX 638GBX 975 ➝ GBX 1,000OutperformN/A
4/30/2024
NG
National Grid
Reiterated RatingGBX 1,074 GBX 1,250OutperformN/A
4/30/2024
SDR
Schroders
Lower Price TargetGBX 358GBX 380 ➝ GBX 375Sector performN/A
4/30/2024
CJT
Cargojet
Lower Price TargetC$121.00C$184.00 ➝ C$182.00OutperformN/A
4/30/2024
GIP
Green Impact Partners
Lower Price TargetC$3.00C$14.00 ➝ C$9.00OutperformN/A
4/30/2024
RAY.A
Stingray Group
Boost Price TargetC$8.00C$9.00 ➝ C$10.00OutperformN/A
4/30/2024
TRI
Thomson Reuters
Boost Price Target$167.00$153.00 ➝ $156.00Sector PerformLow