Royal Bank (RY) Upgraded to Buy: Here's What You Should Know
RYRoyal Bank of Canada(RY) ZACKS·2024-10-15 01:01

Royal Bank (RY) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. Since a chan ...