US EditionJ. M. Smucker (NYSE:SJM) Coverage Initiated at Royal Bank Of Canada
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According to the report, RBC improves its pre-tax profit forecasts for 2026 by 4%, mainly due to a higher net interest margin (NII) resulting from a stronger growth in loan and deposit balances and a slightly higher customer margin. Provisions for lower credit losses are also incorporated. By division, the improvement is mainly concentrated in the business in Spain, due to an expected increase in revenue and a reduction in risk costs.
J. M. Smucker (NYSE:SJM) Coverage Initiated at Royal Bank Of Canada
Analysts at Royal Bank Of Canada assumed coverage on shares of J. M. Smucker (NYSE:SJM – Get Free Report) in a research note issued on Monday, MarketBeat.com reports. The brokerage set an “outperform” rating and a $130.00 price target on the stock. Royal Bank Of Canada’s price objective would indicate a potential upside of 25.66% […]
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