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Equities research analysts at Credit Suisse lifted their price target on shares of Royal Bank of Canada (TSE:RY) from C$92.00 to C$95.00 in a research note issued to investors on Monday. Credit Suisse’s target price would indicate a potential upside of 17.57% from the company’s current price.

A number of other analysts have also recently weighed in on RY. Analysts at National Bank Financial raised their price target on shares of Royal Bank of Canada from C$82.00 to C$86.00 in a research note on Monday. They now have an “outperform” rating on the stock. Separately, analysts at CIBC raised their price target on shares of Royal Bank of Canada from C$85.00 to C$86.00 in a research note on Monday. They now have a “sector perform” rating on the stock. Finally, analysts at CSFB raised their price target on shares of Royal Bank of Canada from C$92.00 to C$95.00 in a research note on Monday. They now have an “outperform” rating on the stock. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Royal Bank of Canada has an average rating of “Buy” and an average target price of C$86.14.

Royal Bank of Canada (TSE:RY) traded up 0.46% during mid-day trading on Monday, hitting $81.17. 959,340 shares of the company’s stock traded hands. Royal Bank of Canada has a one year low of $63.76 and a one year high of $82.15. The stock has a 50-day moving average of $79.57 and a 200-day moving average of $74.77. The company has a market cap of $116.9 billion and a price-to-earnings ratio of 13.81.

The company also recently declared a quarterly dividend, which is scheduled for Monday, November 24th. Investors of record on Monday, October 27th will be given a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a yield of 3.71%.

Royal Bank of Canada (TSE:RY) is a diversified financial services company.

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