Upgrades Eq Weight Overweight X

RY Royal Bank of Canada

Barclays

Downgrades Buy Hold X

RY Royal Bank of Canada

TD Securities

Initiated Buy X

RY Royal Bank of Canada

UBS

Upgrades Hold Buy X

RY Royal Bank of Canada

Jefferies

Initiated Equal Weight X

RY Royal Bank of Canada

Barclays

Initiated Hold X

RY Royal Bank of Canada

Jefferies

Upgrades Neutral Buy X

RY Royal Bank of Canada

BofA Securities

Resumed Buy X

RY Royal Bank of Canada

Canaccord Genuity

Downgrades Sec Outperform Neutral X

RY Royal Bank of Canada

CIBC

$4

Downgrades Overweight Underweight X

RY Royal Bank of Canada

Barclays

Upgrades Underperform Neutral X

RY Royal Bank of Canada

BofA Securities

Upgrades Underperform Mkt Perform X

RY Royal Bank of Canada

Keefe Bruyette

Initiated Outperform X

RY Royal Bank of Canada

Credit Suisse

Upgrades Neutral Sec Outperform X

RY Royal Bank of Canada

CIBC

Downgrades Buy Hold X

RY Royal Bank of Canada

Canaccord Genuity

Downgrades Buy Neutral X

RY Royal Bank of Canada

BofA Securities

$125

Upgrades Hold Buy X

RY Royal Bank of Canada

Canaccord Genuity

Upgrades Neutral Outperform X

RY Royal Bank of Canada

Macquarie

Upgrades Hold Buy X

RY Royal Bank of Canada

TD Securities

Upgrades Sec Perform Sec Outperform X

RY Royal Bank of Canada

Scotia Howard Weil

Upgrades Neutral Buy X

RY Royal Bank of Canada

BofA/Merrill

RY  Royal Bank Of Canada

Royal Bank of Canada (RBC), is a diversified financial services company. The Company provides personal and commercial banking, wealth management services, insurance, investor services and capital markets products and services on a global basis. The Company serves personal, business, public sector and institutional clients in Canada, the United States and approximately 40 other countries. The Company's business segments include Personal and Commercial Banking, Wealth Management, Insurance, Investor and Treasury Services, Capital Markets. The Company, through its segments, serves various lines of businesses, which include Personal Financial Services, Business Financial Services, Cards and Payment Solutions (Canadian Banking), Caribbean and United States Banking, Canadian Wealth Management, United States and International Wealth Management, Global Asset Management, Canadian Insurance, International Insurance, Corporate and Investment Banking, Global Markets and Other.