Credit Suisse (SIX:CSGN) analyst Mike Rizvanovic maintained a Buy rating on Royal Bank Of Canada (NYSE:RY) on Wednesday, setting a price target of C$144, which is approximately 10.94% above the present share price of $102.76.
Rizvanovic expects Royal Bank Of Canada to post earnings per share (EPS) of $0.00 for the third quarter of 2021.
The current consensus among 9 TipRanks analysts is for a Strong Buy rating of shares in Royal Bank Of Canada, with an average price target of $114.
The analysts price targets range from a high of $117.17 to a low of $111.63.
In its latest earnings report, released on 07/31/2021, the company reported a quarterly revenue of $11.41 billion and a net profit of $0. The company's market cap is $146.4 billion.
According to TipRanks.com, Credit Suisse analyst Mike Rizvanovic is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 5.8% and a 54.84% success rate.
Founded in 1864, Royal Bank of Canada is Canada's largest bank in terms of market capitalization. It provides banking and financial services across Canada, the United States and other selected countries. It operates through the following segments: Personal and Commercial Banking, Wealth Management, Insurance, Investor and Treasury Services, Capital Markets, and Corporate Support.