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

  • Consensus Rating: Buy
  • Consensus Price Target: $135.89
  • Forecasted Upside: 26.21 %
  • Number of Analysts: 12
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 9 Buy Ratings
  • 0 Strong Buy Ratings
$107.67
▲ +0.7 (0.65%)

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 $135.89
▲ +26.21% Upside Potential
This price target is based on 12 analysts offering 12 month price targets for Royal Bank of Canada in the last 3 months. The average price target is $135.89, with a high forecast of $148.00 and a low forecast of $100.00. The average price target represents a 26.21% upside from the last price of $107.67.

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 Buy

The current consensus among 12 contributing investment analysts is to buy stock in Royal Bank of Canada. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 6 buy ratings
  • 3 hold ratings
  • 0 sell ratings
4/30/2020
  • 0 strong buy ratings
  • 7 buy ratings
  • 4 hold ratings
  • 0 sell ratings
7/29/2020
  • 0 strong buy ratings
  • 8 buy ratings
  • 4 hold ratings
  • 0 sell ratings
10/27/2020
  • 0 strong buy ratings
  • 9 buy ratings
  • 4 hold ratings
  • 0 sell ratings
1/25/2021
  • 0 strong buy ratings
  • 10 buy ratings
  • 3 hold ratings
  • 0 sell ratings
4/25/2021
  • 0 strong buy ratings
  • 9 buy ratings
  • 3 hold ratings
  • 0 sell ratings
7/24/2021
  • 0 strong buy ratings
  • 9 buy ratings
  • 3 hold ratings
  • 0 sell ratings
9/22/2021
  • 0 strong buy ratings
  • 9 buy ratings
  • 3 hold ratings
  • 0 sell ratings
10/22/2021

Latest Recommendations

  • 0 strong buy ratings
  • 9 buy ratings
  • 3 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
9/1/2021Fundamental ResearchBoost Price TargetBuy ➝ Buy$127.27 ➝ $143.76Low
8/27/2021DesjardinsBoost Price TargetBuyC$138.00 ➝ C$141.00Low
8/26/2021Canaccord GenuityBoost Price TargetBuyC$140.00 ➝ C$143.00Low
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
4/21/2021Canaccord GenuityBoost Price TargetBuy$123.00 ➝ $128.00Low
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
2/25/2021Canaccord GenuityBoost Price TargetBuy$16.00 ➝ $123.00Medium
2/18/2021Canaccord GenuityUpgradeHold ➝ Buy$116.00Medium
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
12/3/2020Canaccord GenuityBoost Price TargetHold$107.50 ➝ $113.50Low
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
8/27/2020Canaccord GenuityBoost Price TargetHold$95.50 ➝ $104.50Low
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
5/28/2020Canaccord GenuityBoost Price TargetHold$86.50 ➝ $95.00Low
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
2/22/2019Canaccord GenuityReiterated RatingHoldLow
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
11/22/2018Canaccord GenuityReiterated RatingHoldLow
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
11/29/2017Canaccord GenuityReiterated RatingHold$105.00Low
11/22/2017ScotiabankReiterated RatingHold$101.00N/A
10/24/2017MacquarieInitiated CoverageUnderperformN/A
8/21/2017ScotiabankDowngradeOutperform ➝ Sector PerformLow
8/21/2017Howard WeilDowngradeSector PerformLow
7/18/2017Canaccord GenuityInitiated CoverageHold ➝ HoldLow
5/18/2017National Bank FinancialReiterated RatingSector Perform OverweightLow
4/3/2017TD SecuritiesDowngradeBuy ➝ HoldLow
2/27/2017Keefe, Bruyette & WoodsUpgradeUnderperform ➝ Market PerformN/A
2/22/2017TD SecuritiesUpgradeHold ➝ BuyN/A
12/12/2016ArgusBoost Price TargetBuy$71.00 ➝ $77.00N/A
12/1/2016Rafferty Capital MarketsReiterated RatingBuy ➝ HoldN/A
11/30/2016BMO Capital MarketsReiterated RatingHoldN/A
11/21/2016TD SecuritiesUpgradeHold ➝ BuyN/A
11/14/2016Credit Suisse GroupReiterated RatingOutperformN/A
11/1/2016Bank of AmericaInitiated CoverageUnderperformN/A
10/27/2016BarclaysReiterated RatingSellN/A
(Data available from 10/22/2016 forward)

News Sentiment Rating

0.70 (Buy)

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
  • 0 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/26/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/25/2021
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/25/2021
  • 0 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/24/2021
  • 8 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
7/24/2021
  • 2 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
8/23/2021
  • 7 very positive mentions
  • 11 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
9/22/2021
  • 9 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 2 very negative mentions
10/22/2021

Current Sentiment

  • 9 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 2 very negative mentions

Recent Stories by Sentiment

Negative

  • No negative mentions tracked during this time.
Royal Bank of Canada logo
Royal Bank of Canada engages in the provision of banking and financial solutions. It operates through the following segments: Personal and Commercial Banking, Wealth Management, Insurance, Investor and Treasury Services, Capital Markets, and Corporate Support. The Personal and Commercial Banking segment deals with a broad suite of financial products and services in Canada. The Wealth Management segment offers a comprehensive suite of investment, trust, banking, credit, and other wealth management solutions to institutional and individual clients through its distribution channels and third-party distributors. The Insurance segment refers to a range of life, health, home, auto, travel, wealth, group, and reinsurance products. The Investor and Treasury Services segment comprises of asset services and a provider of cash management, transaction banking, and treasury services to institutional clients worldwide. The Capital Markets segment covers banking, finance and capital markets to corporations, institutional investors, asset managers, governments, and central banks around the world. The Corporate Support segment consists of technology and operations services. The company was founded
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Today's Range

Now: $107.67
Low: $107.22
High: $108.09

50 Day Range

MA: $102.49
Low: $97.84
High: $105.94

52 Week Range

Now: $107.67
Low: $67.78
High: $107.69

Volume

34,296 shs

Average Volume

1,121,242 shs

Market Capitalization

$153.43 billion

P/E Ratio

12.86

Dividend Yield

3.24%

Beta

0.98

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, CIBC, Credit Suisse Group AG, Desjardins, Fundamental Research, Scotiabank, TD Securities, Veritas Investment Research, and Zacks Investment Research.
View the latest analyst ratings for RY.

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

11 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 $135.89, suggesting a possible upside of 25.8%. Scotiabank has the highest price target set, predicting RY will reach $148.00 in the next twelve months. Argus has the lowest price target set, forecasting a price of $100.00 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 3 hold ratings and 9 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe RY will outperform the market and that investors should add to their positions of Royal Bank of Canada.
View the latest ratings for RY.

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.