The leading market experts have placed a mean price target of $63.83 on Royal Bank Of Canada (NYSE:RY) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.71 a share for the upcoming quarter and $6.72 for the current fiscal. Technical View The technical analysis of Royal Bank Of Canada Common Sto plainly substantiates that the 50-day moving average of Royal Bank Of Canada Common Sto is $60.58, and stock is hovering -0.24 or -0.40% distant from $60.58. It is noted that the 200-day MA is $55.47, and Royal Bank Of Canada Common Sto stock is $4.87 or +8.77% off from this point. Royal Bank Of Canada (NYSE:RY) 52-week high is $64.23 and the 52-week low is $44.37. This explains if the stock moves $-3.89, it will post a 52-week high. In event of $+35.99% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Royal Bank Of Canada Common Sto, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Royal Bank Of Canada (NYSE:RY) ratio came in at 11.64. The stock last ended the trading session at $60.34 and registered a market cap of $89.72B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Royal Bank Of Canada (NYSE:RY) PEG ratio is at 1.66.
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