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Research report

Stock analysis: RBC scores a perfect 10 out of 10 Add to ...

StockReports+ is a Thomson Reuters service that helps investors pick equities by simplifying the process of evaluating stocks, finding new trading ideas, and understanding trends affecting markets and industries.

Royal Bank of Canada, the nation's largest bank, posted an impressive $1.94-billion in earnings in its latest quarter, up 26 per cent from a year earlier. But the results left investors wondering where future growth would come from in the face of weakening net interest income - the spread between its borrowing costs and the rate at which it lends money out. The industry in general is seeing slower retail loan growth and more competition for new clients.

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Its stock is well off 52-week highs reached in February and recent volatility in equities and bonds may be shaking investors' confidence in capital markets.

This report provides a detailed analysis that investors may want to review before buying or selling the stock.

StockReport+ gives each stock an average score that combines the quantitative analysis of six widely-used investment decision-making tools: earnings, fundamentals, relative valuation, risk, price momentum and insider trading. RBC's average score is 10 out of 10. It places RBC among a shortlist of 71 stocks awarded the highest average score.

Read more in this comprehensive report.

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