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Analysts Offer Insights on Financial Companies: Royal Bank Of Canada (RY), Green Dot (GDOT) and National Bank of Canada (OtherNTIOF)

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Royal Bank Of Canada (RYResearch Report), Green Dot (GDOTResearch Report) and National Bank of Canada (NTIOFResearch Report).

Royal Bank Of Canada (RY)

Scotiabank analyst Meny Grauman maintained a Buy rating on Royal Bank Of Canada today and set a price target of C$143.00. The company’s shares closed last Wednesday at $96.46.

According to TipRanks.com, Grauman is a 4-star analyst with an average return of 6.2% and a 58.0% success rate. Grauman covers the Financial sector, focusing on stocks such as Canadian Bank of Commerce, National Bank of Canada, and Toronto Dominion Bank.

Royal Bank Of Canada has an analyst consensus of Moderate Buy, with a price target consensus of $106.28, a 9.7% upside from current levels. In a report released yesterday, Canaccord Genuity also maintained a Buy rating on the stock with a C$146.00 price target.

See the top stocks recommended by analysts >>

Green Dot (GDOT)

In a report released today, Andrew Jeffrey from Truist Financial reiterated a Buy rating on Green Dot, with a price target of $8.79. The company’s shares closed last Wednesday at $8.32, close to its 52-week low of $7.30.

According to TipRanks.com, Jeffrey is a top 100 analyst with an average return of 14.6% and a 66.9% success rate. Jeffrey covers the Technology sector, focusing on stocks such as Fidelity National Info, FLEETCOR Technologies, and Euronet Worldwide.

Currently, the analyst consensus on Green Dot is a Hold with an average price target of $10.66.

National Bank of Canada (NTIOF)

RBC Capital analyst Darko Mihelic maintained a Hold rating on National Bank of Canada yesterday and set a price target of C$109.00. The company’s shares closed last Wednesday at $78.23, close to its 52-week high of $81.60.

According to TipRanks.com, Mihelic is a 4-star analyst with an average return of 5.9% and a 58.8% success rate. Mihelic covers the Financial sector, focusing on stocks such as Canadian Bank of Commerce, Toronto Dominion Bank, and Canadian Western Bank.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for National Bank of Canada with a $78.99 average price target, a 0.2% upside from current levels. In a report issued on February 22, Jefferies also initiated coverage with a Hold rating on the stock with a C$109.00 price target.

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