Royal Bank of Canada (RY) was named one of the 15 Global Dividend Stocks to diversify a portfolio. Canaccord raised RY’s price target to C$236 from C$224 with a Buy rating. The bank exceeded analyst expectations in Q4 earnings, driven by strong capital markets performance and increased margins. RY now expects a return on equity over 17% in fiscal 2026, up from a previous estimate of 16%. CEO Dave McKay emphasized the bank’s growth and capital return focus, though economic uncertainties persist in Canada, impacting lending volumes. RBC remains cautious amidst elevated markets and ongoing trade talks between Canada and the US. The bank prioritizes organic growth and steady shareholder returns, while keeping an eye on potential US expansion opportunities.

Read more at Yahoo Finance: Royal Bank of Canada (RY) Outlook Strengthens in Canaccord Update