Stock Research

Growth & Income Stock: Royal Bank Of Canada
Posted on March 12, 2012 at 02:00 AM EDT
Estimates have been rising significantly higher for Royal Bank of Canada (NYSE:RY) after the company delivered better than expected results for its first quarter. It is a Zacks #1 Rank (Strong Buy) stock. Based on consensus estimates, analysts project 14% EPS growth this year and 7% growth next year. On top of this, the company [...]

Estimates have been rising significantly higher for Royal Bank of Canada (NYSE:RY) after the company delivered better than expected results for its first quarter.
It is a Zacks #1 Rank (Strong Buy) stock.
Based on consensus estimates, analysts project 14% EPS growth this year and 7% growth next year. On top of this, the company pays a dividend that yields a stellar 4.1%. Valuation is attractive too with shares trading at just 11.7x forward earnings.
Royal Bank of Canada, or RBC, is Canada’s … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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