Royal Bank of Canada (TSE:RY) (NYSE:RY) insider Helena Gottschling sold 1,080 shares of the stock in a transaction that occurred on Monday, January 22nd. The shares were sold at an average price of C$108.12, for a total value of C$116,769.60.
Shares of Royal Bank of Canada (RY) traded up C$0.33 during midday trading on Tuesday, hitting C$108.05. The company had a trading volume of 3,140,935 shares, compared to its average volume of 2,139,611. Royal Bank of Canada has a 52 week low of C$90.13 and a 52 week high of C$108.52. The company has a market capitalization of $156,750.00, a PE ratio of 14.29 and a beta of 0.72.
Royal Bank of Canada (TSE:RY) (NYSE:RY) last released its earnings results on Wednesday, November 29th. The financial services provider reported C$1.92 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of C$1.88 by C$0.04. Royal Bank of Canada had a return on equity of 16.63% and a net margin of 26.20%.
Several equities research analysts have recently commented on the company. CSFB increased their price objective on Royal Bank of Canada from C$108.00 to C$114.00 in a report on Friday. National Bank Financial increased their price objective on Royal Bank of Canada from C$105.00 to C$107.00 and gave the company a “sector perform” rating in a report on Friday, January 12th. Eight Capital increased their price objective on Royal Bank of Canada from C$105.00 to C$107.00 in a report on Thursday, November 30th. Canaccord Genuity increased their price objective on Royal Bank of Canada from C$105.00 to C$108.00 in a report on Thursday, November 30th. Finally, BMO Capital Markets increased their price objective on Royal Bank of Canada from C$100.00 to C$102.00 and gave the company a “market perform” rating in a report on Thursday, November 30th. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Royal Bank of Canada currently has a consensus rating of “Hold” and an average price target of C$108.08.
ILLEGAL ACTIVITY NOTICE: “Royal Bank of Canada (RY) Insider Helena Gottschling Sells 1,080 Shares” was first published by American Banking News and is the sole property of of American Banking News. If you are accessing this piece of content on another site, it was copied illegally and reposted in violation of US and international copyright and trademark law. The original version of this piece of content can be viewed at https://www.americanbankingnews.com/2018/01/23/royal-bank-of-canada-ry-insider-helena-gottschling-sells-1080-shares.html.
About Royal Bank of Canada
Royal Bank of Canada (RBC), is a diversified financial services company. The Company provides personal and commercial banking, wealth management services, insurance, investor services and capital markets products and services on a global basis. The Company serves personal, business, public sector and institutional clients in Canada, the United States and approximately 40 other countries.
Receive News & Ratings for Royal Bank of Canada Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royal Bank of Canada and related companies with MarketBeat.com's FREE daily email newsletter.