RY climbed to new all-time highs

Updated on:
Nov 21st, 2020

After a long-expected all-time highs hit last Wednesday, Royal Bank of Canada ($RY) topped higher on Friday and closed at $79.74, marking the new all-time highs at $80.00.

On Thursday, CIBC rated RY with neutral. You should not take analysts' ratings as a buy or sell advice for your personal financial decisions.

Downtrend breakout

Mitsubishi UFJ Financial posted earnings results in the recent days.

Royal Bank of Canada operates as a diversified financial service company worldwide. The company's Personal & Commercial Banking segment offers check and savings accounts, credit cards, mortgages, loans, investment products, payments, international trade, and business advice services. This segment offers financial products and services through branches, automated teller machines, and mobile sales network. Its Wealth Management provides a suite of advice-based solutions and strategies.. The stock is part of the Banks—Diversified industry in the Financial Services sector. Headquarters are based in Toronto, Canada, and employs 83,734 people worldwide. Its corporate website is http://www.rbc.com.

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