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Royal Bank of Canada (RY.PR.A.TO)

BUY

The Canadian banking sector is doing well overall but TD and Royal are his two top picks. They have great U.S. exposure, which provides great opportunities for growth.

COMMENT

Preferred Series AG, perpetual dates in 2016. This series is a perpetual preferred and is the longer term. These come up for redemption after, usually about 5 years. This one is 2016 for the 1st call and is $26. They were originally issued at $25. The bank usually doesn’t call these. Each year following that, the Call price of $26 goes down by $0.25 until it gets to $25 again. Usually at that point they will Call.

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Royal Bank of Canada (RY.PR.A.TO) Frequently Asked Questions

What is Royal Bank of Canada stock symbol?

Royal Bank of Canada is a OTC stock, trading under the symbol RY.PR.A.TO (previously RY.PR.A-T on Stockchase) on the undefined (undefined). It is usually referred to as or RY.PR.A.TO

Is Royal Bank of Canada a buy or a sell?

In the last year, no analyst issued a Buy, Sell, or Hold rating on RY.PR.A.TO (previously RY.PR.A-T on Stockchase) on Stockchase. Read the latest expert commentary for Royal Bank of Canada.

Is Royal Bank of Canada a good investment or a top pick?

Royal Bank of Canada was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Royal Bank of Canada.

Why is Royal Bank of Canada stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Royal Bank of Canada.

Is Royal Bank of Canada worth watching?

Royal Bank of Canada is followed by 13 investors on Stockchase and is a trending stock that is worth watching.