This Dividend Stock Deserves ‘Royal’ Treatment

Royal Bank of Canada (RY) is Canada’s largest bank, showing strong technical momentum. RY has gained 34% over the past year and made 17 new highs in the past month. Consensus analyst ratings are overwhelmingly positive, with multiple “Strong Buy” opinions and price targets up to $269. Revenue and earnings are projected to grow steadily in 2024 and 2025, but Morningstar cautions RY is 35% overvalued after its recent run. Today’s Featured Stock Valued at $234 billion, Royal Bank of Canada (RY) op ...