Forex
Royal Bank of Canada Gets C$318 Price Target from National Bank Financial
Royal Bank of Canada (TSE:RY) received a C$318.00 price target from analysts at National Bank Financial in a research note on Monday, according to BayStreet.CA reports.
The firm currently has an 'outperform' rating on the financial services provider's stock. This target price indicates a potential upside of 12.69% from the stock's current price.
National Bank Financial is not the only firm to set a price target for Royal Bank of Canada this year. In August, Desjardins increased their target price on the company from C$275.00 to C$320.00 and gave the stock a 'buy' rating.