Royal Bank of Canada T.RY

Alternate Symbol(s): T.RY.P.M | T.RY.P.N | T.RY.P.O | T.RY.P.S | RYLBF | RY | RBCPF | T.RY.P.H | T.RY.P.J

Financial Services

Royal Bank of Canada is a global financial institution. Its business includes Personal & Commercial Banking, Wealth Management, Investor Services, Capital Markets and Insurance. The Personal & Commercial Banking comprises its personal banking operations and certain retail investment businesses in Canada, the Caribbean and United States, as well as its commercial and corporate banking operations in Canada and the Caribbean. Wealth Management provides a full suite of investment, trust and other wealth management solutions and businesses. Capital Markets provides public and private companies, institutional investors, governments and central banks globally with a range of capital markets products and services across its two main business lines, Corporate and Investment Banking and Global Markets. Insurance offers a range of life, health, home, auto, travel, wealth and reinsurance advice and solutions, and creditor and business insurance services to individual, business and group clients.

TSX:RY - Post by User

Royal Bank of Canada

Bullboard Posts

Comment by maypeterson Dec 24, 2018 10:44pm

73 Views

Post# 29155894

RE:RE:RE:Still a 20% correction coming for RY?

No disrespect meant rational .. - had a drink too many before I typed the earlier replies. Good luck and best wishes.

maypeters wrote: Also RY was actually positive in the middle of the day and fell towards the end to end the day down 0.81% and not 2.5%.

maypeters wrote: You should add "IR" before your name.

What you said makes zero sense. CM because of its risk trades at a lower P/E than RY. But most of them are in the 10 - 11 P/E range. Their payout ratio is different and so is the composition of the business.

Merry Christmas inspite of the illogical comment.

rationalexuberance wrote: Curious how CM only fell .5% today and RY fell 2.8%.....it makes me think CM's 5.4% dividend is providing a support level

If RY paid out a 5.4% dividend, the stock price would be $72.59....I wouldn't be surprised to see RY fall another 20% from here.