NYSE:RY - Royal Bank of Canada Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $142.20
  • Forecasted Upside: 42.74 %
  • Number of Analysts: 15
  • Breakdown:
  • 2 Sell Ratings
  • 4 Hold Ratings
  • 9 Buy Ratings
  • 0 Strong Buy Ratings
$99.62
▲ +1.17 (1.19%)

This chart shows the closing price for RY by one month, three months, or twelve months.

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Analyst Price Target for RY

Analyst Price Target is $142.20
▲ +42.74% Upside Potential
This price target is based on 15 analysts offering 12 month price targets for Royal Bank of Canada in the last 3 months. The average price target is $142.20, with a high forecast of $152.00 and a low forecast of $118.00. The average price target represents a 42.74% upside from the last price of $99.62.

This chart shows the closing price for RY for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 15 investment analysts is to hold stock in Royal Bank of Canada. This rating changed within the last month from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 9 buy ratings
  • 2 hold ratings
  • 1 sell ratings
2/16/2021
  • 0 strong buy ratings
  • 9 buy ratings
  • 1 hold ratings
  • 1 sell ratings
5/17/2021
  • 0 strong buy ratings
  • 9 buy ratings
  • 1 hold ratings
  • 1 sell ratings
8/15/2021
  • 0 strong buy ratings
  • 8 buy ratings
  • 1 hold ratings
  • 1 sell ratings
11/13/2021
  • 0 strong buy ratings
  • 9 buy ratings
  • 3 hold ratings
  • 1 sell ratings
2/11/2022
  • 0 strong buy ratings
  • 8 buy ratings
  • 4 hold ratings
  • 1 sell ratings
5/12/2022
  • 0 strong buy ratings
  • 9 buy ratings
  • 4 hold ratings
  • 1 sell ratings
7/11/2022
  • 0 strong buy ratings
  • 9 buy ratings
  • 4 hold ratings
  • 2 sell ratings
8/10/2022

Latest Recommendations

  • 0 strong buy ratings
  • 9 buy ratings
  • 4 hold ratings
  • 2 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
8/8/2022Keefe, Bruyette & WoodsDowngradeMarket Perform ➝ UnderperformC$132.00 ➝ C$118.00Low
6/6/2022ArgusBoost Price TargetBuy$121.00 ➝ $125.00Low
5/27/2022BMO Capital MarketsLower Price TargetC$142.00 ➝ C$140.00Low
5/27/2022National Bank FinancialBoost Price TargetC$147.00 ➝ C$148.00Low
5/27/2022Credit Suisse GroupLower Price TargetC$153.00 ➝ C$152.00Low
5/27/2022TD SecuritiesLower Price TargetC$150.00 ➝ C$145.00Low
5/20/2022ScotiabankLower Price TargetC$150.00 ➝ C$147.00Low
5/20/2022Credit Suisse GroupInitiated CoverageOutperformLow
4/13/2022ScotiabankLower Price TargetC$163.00 ➝ C$150.00Low
4/11/2022CIBCUpgradeNeutral ➝ Sector OutperformLow
4/8/2022Stifel NicolausLower Price TargetC$152.00 ➝ C$150.00Low
4/1/2022Stifel NicolausBoost Price TargetC$150.00 ➝ C$152.00Low
2/18/2022ScotiabankBoost Price TargetC$146.00 ➝ C$162.00Low
2/17/2022Stifel NicolausInitiated CoverageHoldLow
2/7/2022Canaccord Genuity GroupDowngradeBuy ➝ Hold$141.00 ➝ $148.00Low
2/7/2022Canaccord Genuity GroupDowngradeBuy ➝ Hold$141.00 ➝ $148.00Low
12/2/2021National Bank FinancialLower Price TargetOutperformC$144.00 ➝ C$140.00Low
12/2/2021CIBCLower Price TargetNeutralC$149.00 ➝ C$143.00Low
12/2/2021ScotiabankLower Price TargetOutperformC$149.00 ➝ C$146.00Low
12/2/2021TD SecuritiesLower Price TargetBuyC$155.00 ➝ C$150.00Low
11/23/2021ScotiabankBoost Price TargetOutperformC$148.00 ➝ C$149.00Low
11/22/2021Bank of AmericaDowngradeNeutral ➝ UnderperformMedium
9/1/2021Fundamental ResearchBoost Price TargetBuy ➝ Buy$127.27 ➝ $143.76Low
8/27/2021DesjardinsBoost Price TargetBuyC$138.00 ➝ C$141.00Low
8/26/2021CIBCBoost Price TargetNeutralC$138.00 ➝ C$145.00Low
8/26/2021BMO Capital MarketsBoost Price TargetMarket PerformC$139.00 ➝ C$142.00Low
8/26/2021Credit Suisse GroupBoost Price TargetOutperform ➝ OutperformC$135.00 ➝ C$140.00Medium
8/17/2021ScotiabankBoost Price TargetC$144.00 ➝ C$148.00High
8/13/2021BarclaysBoost Price TargetOverweight$137.00 ➝ $142.00Low
6/23/2021CIBCLower Price TargetC$133.00 ➝ C$131.00Low
6/7/2021Credit Suisse GroupBoost Price TargetOutperformC$132.00 ➝ C$135.00Low
5/28/2021BMO Capital MarketsBoost Price TargetMarket PerformC$131.00 ➝ C$139.00Low
5/28/2021Credit Suisse GroupBoost Price TargetOutperformC$125.00 ➝ C$132.00Low
5/26/2021ScotiabankBoost Price TargetSector OutperformC$133.00 ➝ C$140.00Low
5/20/2021CIBCBoost Price TargetNeutralC$120.00 ➝ C$133.00Low
5/20/2021ScotiabankBoost Price TargetAverage ➝ OutperformC$133.00 ➝ C$140.00Low
3/10/2021Fundamental ResearchUpgradeBuy$127.27Low
3/8/2021Bank of AmericaReiterated RatingBuy ➝ Neutral$125.00N/A
3/2/2021Bank of AmericaDowngradeBuy ➝ Neutral$125.00Low
3/1/2021ArgusBoost Price TargetBuy$92.00 ➝ $100.00Low
2/26/2021DesjardinsBoost Price TargetBuy$117.00 ➝ $119.00N/A
2/25/2021BMO Capital MarketsBoost Price TargetMarket Perform$111.00 ➝ $120.00Low
2/25/2021Credit Suisse GroupBoost Price TargetOutperform$109.00 ➝ $115.00Medium
2/25/2021ScotiabankBoost Price TargetOutperform$129.00 ➝ $133.00Medium
2/25/2021TD SecuritiesBoost Price TargetBuy$120.00 ➝ $125.00Medium
2/17/2021ScotiabankBoost Price Target$125.00 ➝ $129.00Medium
2/16/2021BarclaysLower Price TargetOverweight$120.00 ➝ $119.00Low
12/3/2020CIBCBoost Price TargetNeutral$127.00 ➝ $128.00Low
12/3/2020ScotiabankBoost Price TargetOutperform$122.00 ➝ $125.00Low
11/23/2020ScotiabankBoost Price Target$111.00 ➝ $122.00High
11/19/2020CIBCDowngradeOutperform ➝ NeutralLow
11/12/2020BarclaysBoost Price TargetOverweight$108.00 ➝ $112.00Low
10/29/2020Veritas Investment ResearchUpgradeSell ➝ BuyLow
9/2/2020Fundamental ResearchInitiated CoverageHold$89.93Medium
8/27/2020TD SecuritiesBoost Price TargetBuy$105.00 ➝ $110.00Low
8/27/2020BMO Capital MarketsBoost Price TargetMarket Perform$93.00 ➝ $97.00Low
8/27/2020Bank of AmericaBoost Price TargetBuy$113.00 ➝ $114.00Low
8/27/2020Credit Suisse GroupBoost Price TargetOutperform$103.00 ➝ $104.00Low
8/26/2020DesjardinsUpgradeHold ➝ BuyLow
8/19/2020BarclaysUpgradeUnderweight ➝ Overweight$80.00 ➝ $106.00Low
7/24/2020CIBCInitiated CoverageOutperformLow
5/28/2020BMO Capital MarketsBoost Price TargetMarket Perform$90.00 ➝ $93.00Low
5/28/2020ScotiabankBoost Price TargetOutperform$97.00 ➝ $105.00Low
5/28/2020Credit Suisse GroupBoost Price TargetOutperform$100.00 ➝ $101.00Low
5/22/2020ScotiabankLower Price TargetOutperform$99.00 ➝ $97.00Low
5/13/2020Bank of AmericaBoost Price TargetBuy$70.00 ➝ $98.00High
5/11/2020BarclaysLower Price TargetUnderweight$81.00 ➝ $80.00Low
5/6/2020CitigroupUpgradeNeutral ➝ BuyLow
3/25/2020CfraLower Price TargetHold$83.00 ➝ $69.00High
3/20/2020TD SecuritiesReiterated RatingBuyLow
3/9/2020BarclaysLower Price TargetUnderweight$106.00 ➝ $92.00High
2/24/2020CIBCReiterated RatingBuy$120.00Low
2/24/2020Credit Suisse GroupBoost Price TargetOutperform$111.00 ➝ $112.00High
12/17/2019CitigroupDowngradeBuy ➝ Neutral$113.00Low
12/13/2019Credit Suisse GroupUpgradeNeutral ➝ Outperform$108.00Medium
12/5/2019Credit Suisse GroupLower Price TargetNeutral$105.00 ➝ $102.00Low
12/4/2019DesjardinsDowngradeBuy ➝ HoldMedium
11/21/2019CIBCUpgradeNeutral ➝ Sector Outperform$109.00 ➝ $120.00Low
8/21/2019BarclaysReiterated RatingSellN/A
8/20/2019ScotiabankReiterated RatingBuyMedium
5/23/2019BMO Capital MarketsReiterated RatingHoldLow
5/23/2019BarclaysReiterated RatingSellLow
5/17/2019BarclaysReiterated RatingSellLow
5/16/2019DesjardinsReiterated RatingBuy$111.00Low
2/22/2019BarclaysReiterated RatingSellLow
2/22/2019ScotiabankReiterated RatingBuy ➝ Average$111.00Low
12/12/2018MacquarieUpgradeNeutral ➝ OutperformMedium
12/11/2018DesjardinsReiterated RatingBuyLow
12/10/2018TD SecuritiesUpgradeHold ➝ BuyLow
12/2/2018ScotiabankReiterated RatingBuy ➝ Average$115.00Low
11/29/2018ArgusLower Price TargetBuy ➝ Positive$89.00Low
11/28/2018BarclaysReiterated RatingSellLow
11/16/2018BarclaysReiterated RatingSellLow
9/10/2018Scotia Howard WeillUpgradeSector Perform ➝ Sector OutperformLow
9/10/2018ScotiabankUpgradeSector Perform ➝ OutperformLow
9/10/2018Howard WeilUpgradeSector Perform ➝ Sector OutperformLow
6/8/2018MacquarieUpgradeUnderperform ➝ NeutralLow
6/4/2018National Bank FinancialUpgradeSector Perform ➝ OutperformLow
2/1/2018CIBCDowngradeOutperform ➝ NeutralLow
1/30/2018Bank of AmericaUpgradeNeutral ➝ BuyLow
1/5/2018ArgusBoost Price TargetAverage ➝ Buy$94.00Low
11/29/2017BMO Capital MarketsReiterated RatingHold$102.00Medium
11/22/2017ScotiabankReiterated RatingHold$101.00N/A
10/24/2017MacquarieInitiated CoverageUnderperformN/A
8/21/2017ScotiabankDowngradeOutperform ➝ Sector PerformLow
8/21/2017Howard WeilDowngradeSector PerformLow
(Data available from 8/11/2017 forward)

News Sentiment Rating

0.17 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 5 very positive mentions
  • 9 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
1/13/2022
  • 16 very positive mentions
  • 13 positive mentions
  • 4 negative mentions
  • 2 very negative mentions
2/12/2022
  • 18 very positive mentions
  • 17 positive mentions
  • 2 negative mentions
  • 4 very negative mentions
3/14/2022
  • 7 very positive mentions
  • 12 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
4/13/2022
  • 4 very positive mentions
  • 7 positive mentions
  • 3 negative mentions
  • 3 very negative mentions
5/13/2022
  • 10 very positive mentions
  • 11 positive mentions
  • 5 negative mentions
  • 1 very negative mentions
6/12/2022
  • 7 very positive mentions
  • 8 positive mentions
  • 4 negative mentions
  • 2 very negative mentions
7/12/2022
  • 9 very positive mentions
  • 17 positive mentions
  • 14 negative mentions
  • 1 very negative mentions
8/11/2022

Current Sentiment

  • 9 very positive mentions
  • 17 positive mentions
  • 14 negative mentions
  • 1 very negative mentions
Royal Bank of Canada logo
Royal Bank of Canada operates as a diversified financial service company worldwide. The company's Personal & Commercial Banking segment offers checking and savings accounts, home equity financing, personal lending, private banking, indirect lending, including auto financing, mutual funds and self-directed brokerage accounts, guaranteed investment certificates, credit cards, and payment products and solutions; and lending, leasing, deposit, investment, foreign exchange, cash management, auto dealer financing, trade products, and services to small and medium-sized commercial businesses. This segment offers financial products and services through branches, automated teller machines, and mobile sales network. Its Wealth Management segment provides a suite of advice-based solutions and strategies to high net worth and ultra-high net worth individuals, and institutional clients. The company's Insurance segment offers life, health, home, auto, travel, wealth, annuities, and reinsurance advice and solutions; and business insurance services to individual, business, and group clients through its advice centers, RBC insurance stores, and mobile advisors; digital, mobile, and social platforms; independent brokers; and travel partners. Its Investor & Treasury Services segment provides asset servicing, custody, payments, and treasury services to financial and other investors; and fund and investment administration, shareholder, private capital, performance measurement and compliance monitoring, distribution, transaction banking, cash and liquidity management, foreign exchange, and global securities finance services. The company's Capital Markets segment offers corporate and investment banking, as well as equity and debt origination, distribution, advisory services, sale, and trading services for corporations, institutional investors, asset managers, private equity firms, and governments. The company was founded in 1864 and is headquartered in Toronto, Canada.
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Today's Range

Now: $99.62
Low: $98.84
High: $99.72

50 Day Range

MA: $97.79
Low: $91.09
High: $106.26

52 Week Range

Now: $99.62
Low: $90.75
High: $119.41

Volume

9,281 shs

Average Volume

997,095 shs

Market Capitalization

$138.93 billion

P/E Ratio

10.90

Dividend Yield

4.13%

Beta

0.87

Frequently Asked Questions

What sell-side analysts currently cover shares of Royal Bank of Canada?

The following sell-side analysts have issued reports on Royal Bank of Canada in the last twelve months: Argus, Bank of America Co., Barclays PLC, BMO Capital Markets, Canaccord Genuity Group Inc., CIBC, Credit Suisse Group AG, Desjardins, Fundamental Research, Keefe, Bruyette & Woods, National Bank Financial, Scotiabank, Stifel Nicolaus, StockNews.com, and TD Securities.
View the latest analyst ratings for RY.

What is the current price target for Royal Bank of Canada?

14 Wall Street analysts have set twelve-month price targets for Royal Bank of Canada in the last year. Their average twelve-month price target is $142.20, suggesting a possible upside of 42.7%. Credit Suisse Group AG has the highest price target set, predicting RY will reach $152.00 in the next twelve months. Keefe, Bruyette & Woods has the lowest price target set, forecasting a price of $118.00 for Royal Bank of Canada in the next year.
View the latest price targets for RY.

What is the current consensus analyst rating for Royal Bank of Canada?

Royal Bank of Canada currently has 2 sell ratings, 4 hold ratings and 9 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in RY, but not buy more shares or sell existing shares.
View the latest ratings for RY.

What other companies compete with Royal Bank of Canada?

How do I contact Royal Bank of Canada's investor relations team?

Royal Bank of Canada's physical mailing address is 200 BAY STREET, TORONTO A6, M5J2J5. The financial services provider's listed phone number is (888) 212-5533 and its investor relations email address is [email protected] The official website for Royal Bank of Canada is www.rbc.com. Learn More about contacing Royal Bank of Canada investor relations.