BMO Capital Maintains Market Perform on Royal Bank of Canada, Raises Price Target to C$140
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Sohrab Movahedi has maintained a Market Perform rating on Royal Bank of Canada (RY) and increased the price target from C$132 to C$140.
December 01, 2023 | 3:34 pm
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POSITIVE IMPACT
BMO Capital has maintained its Market Perform rating on Royal Bank of Canada and raised the price target from C$132 to C$140.
The increase in price target by BMO Capital suggests a positive outlook on the stock, which could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100