Royal Bank of Canada Upgraded to Buy at TD

MT Newswires Live12-04 20:53

Royal Bank of Canada (RY.TO, RY) was upgraded to Buy from Hold at TD Securities on Thursday.

Analyst Mario Mendonca raised his price target on shares of the Canadian bank to $246 from $215 following its Q4 results on Wednesday.

"Overall, a strong quarter for RY," Mendonca said in a note to clients. "Buoyant capital markets activity (trading) supported top line growth and operating leverage was exceptional."

"The significant EPS beat was only incidental relative to the 17%+ ROE guidance, stable credit outlook, capital generation, and buyback message," the analyst said.

"RY should benefit from HSBC-synergies, AI-related savings, deposit mix, and better loan growth."

(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2588588459?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-12-04 20:53","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2588588459","market":"hk","top_or_hot":-1,"title":"Royal Bank of Canada Upgraded to Buy at TD","media":"MT Newswires Live","content":"<html><body><p> Royal Bank of Canada (RY.TO, RY) was upgraded to Buy from Hold at TD Securities on Thursday.</p><p>Analyst Mario Mendonca raised his price target on shares of the Canadian bank to $246 from $215 following its Q4 results on Wednesday.</p><p>\"Overall, a strong quarter for RY,\" Mendonca said in a note to clients. \"Buoyant capital markets activity (trading) supported top line growth and operating leverage was exceptional.\"</p><p>\"The significant EPS beat was only incidental relative to the 17%+ ROE guidance, stable credit outlook, capital generation, and buyback message,\" the analyst said.</p><p>\"RY should benefit from <a href=\"https://laohu8.com/S/HSBC\">HSBC</a>-synergies, AI-related savings, deposit mix, and better loan growth.\"</p><p>(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Royal Bank of Canada Upgraded to Buy at TD</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRoyal Bank of Canada Upgraded to Buy at TD\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-12-04 20:53</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Royal Bank of Canada (RY.TO, RY) was upgraded to Buy from Hold at TD Securities on Thursday.</p><p>Analyst Mario Mendonca raised his price target on shares of the Canadian bank to $246 from $215 following its Q4 results on Wednesday.</p><p>\"Overall, a strong quarter for RY,\" Mendonca said in a note to clients. \"Buoyant capital markets activity (trading) supported top line growth and operating leverage was exceptional.\"</p><p>\"The significant EPS beat was only incidental relative to the 17%+ ROE guidance, stable credit outlook, capital generation, and buyback message,\" the analyst said.</p><p>\"RY should benefit from <a href=\"https://laohu8.com/S/HSBC\">HSBC</a>-synergies, AI-related savings, deposit mix, and better loan growth.\"</p><p>(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TD","symbol_name":"道明银行","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2588588459","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2588588459","pubTimestamp":1764852819,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Royal Bank of Canada (RY.TO, RY) was upgraded to Buy from Hold at TD Securities on Thursday.Analyst Mario Mendonca raised his price target on shares of the Canadian bank to $246 from $215 following it","collect":0,"end_time":0,"defaultTopTitle":"","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"TD":"道明银行"},"translate_title":"道明银行将加拿大皇家银行评级上调至买入","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TD":1.5},"content_text":"Royal Bank of Canada (RY.TO, RY) was upgraded to Buy from Hold at TD Securities on Thursday.Analyst Mario Mendonca raised his price target on shares of the Canadian bank to $246 from $215 following its Q4 results on Wednesday.\"Overall, a strong quarter for RY,\" Mendonca said in a note to clients. \"Buoyant capital markets activity (trading) supported top line growth and operating leverage was exceptional.\"\"The significant EPS beat was only incidental relative to the 17%+ ROE guidance, stable credit outlook, capital generation, and buyback message,\" the analyst said.\"RY should benefit from HSBC-synergies, AI-related savings, deposit mix, and better loan growth.\"(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.9","shortVersion":"4.35.9","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2588588459","isCrawlerRequest":true}