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Royal Bank Of Canada (RY) [hlAlert]

Rating:
Sector Outperform
RY
down 6.13 %

Royal Bank Of Canada (RY) rated Sector Outperform by CIBC Wrld Mkts

Posted on: Friday,  Dec 7, 2012  8:25 AM ET by CIBC Wrld Mkts

CIBC Wrld Mkts rated Sector Outperform Royal Bank Of Canada (NYSE: RY) on 12/07/2012, when the stock price was
$59.70. Since then, Royal Bank Of Canada has lost 6.13% as of 09/02/2015's recent price of $56.04.
If you would have followed this CIBC Wrld Mkts's recommendation on RY, you would have lost 6.13% of your investment in 999 days.

Royal Bank of Canada (RBC) is a diversified financial services company. It provides personal and commercial banking, wealth management services, insurance, corporate and investment banking, and transaction processing services on a global basis. The Company operates through five business segments: Canadian Banking, Wealth Management, Insurance, International Banking and Capital Markets. In August 2008, the Company completed the acquisition of Richardson Barr & Co., an energy advisory firm specializing in acquisitions and divestitures in the exploration and production sector. In June 2008, RBC completed the acquisition of the RBTT Financial Group and Baker Watts, Incorporated. In May 2008, the Company completed the acquisition of Phillips, Hager & North Investment Management Ltd. In February 2008, RBC Bancorporation, a wholly owned subsidiary of RBC, completed the acquisition of Alabama National BanCorporation.

CIBC World Markets strives to deliver leading edge investment research to investing clients through our multi-faceted, firm-wide research product offering. Our research has consistently been recognized as a top research source for its breadth of coverage, industry knowledge and quality of work in generating profitable and timely investment ideas. We provide in-depth coverage for all of the major sectors of the Canadian economy and select coverage of U.S. companies. Our analytical teams remain committed to identifying trends early and developing exploitable investment opportunities across the market capitalization spectrum. With the continued growth in quantitative and computerized investing strategies, we have also developed leading edge quantitative and technical research products to partner with our fundamental approach. Our products are available through several automated avenues: email, website, and third-party market vendors. Client service is our driving force and we constantly advance in offering greater product customization options.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/7/2012 8:25 AM Buy
None
59.70
as of 12/31/2012
1 Week down  -0.80 %
1 Month up  1.00 %
3 Months   
1 YTD up  1.00 %

(*) Stock Price at the time of the recommendation.
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