Royal Bank Of Canada (RY): Today's Featured Banking Winner
(
) pushed the Banking industry higher today making it today's featured banking winner. The industry as a whole was unchanged today. By the end of trading, Royal Bank Of Canada rose $0.60 (1.0%) to $60.38 on light volume. Throughout the day, 518,777 shares of Royal Bank Of Canada exchanged hands as compared to its average daily volume of 732,600 shares. The stock ranged in a price between $59.78-$60.38 after having opened the day at $59.89 as compared to the previous trading day's close of $59.78. Other companies within the Banking industry that increased today were:
(
), up 18.3%,
Farmers Capital Bank Corporation
(
), up 7.8%,
Village Bank and Trust Financial Corporatio
(
), up 7.6% and
(
), up 6.1%.
Royal Bank of Canada provides personal and commercial banking, wealth management, insurance, investor and treasury, and capital markets services worldwide. Royal Bank Of Canada has a market cap of $85.9 billion and is part of the financial sector. Shares are down 1.3% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate Royal Bank Of Canada a buy, no analysts rate it a sell, and 3 rate it a hold.
TheStreet Ratings rates Royal Bank Of Canada as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the growth in the company's net income has been quite unimpressive.
- You can view the full Royal Bank Of Canada Ratings Report.
On the negative front,
(
), down 10.2%,
(
), down 6.2%,
(
), down 5.2% and
(
), down 4.5% , were all laggards within the banking industry with
(
) being today's banking industry laggard.
- Use our banking section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the banking industry could consider
(
) while those bearish on the banking industry could consider
ProShares Short KBW Regional Bankng
(
).
- Find other investment ideas from our top rated ETFs lists.
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