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

  • Consensus Rating: Buy
  • Consensus Price Target: $121.75
  • Forecasted Upside: 21.09 %
  • Number of Analysts: 12
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 9 Buy Ratings
  • 0 Strong Buy Ratings
$100.55
▲ +0.9 (0.90%)
1 month | 3 months | 12 months
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Analyst Price Target for RY

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$121.75
▲ +21.09% 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 $121.75, with a high forecast of $133.00 and a low forecast of $100.00. The average price target represents a 21.09% upside from the last price of $100.55.

Buy

The current consensus among 12 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

  • 0 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 0 sell ratings
11/23/2019
  • 0 strong buy ratings
  • 6 buy ratings
  • 2 hold ratings
  • 0 sell ratings
2/21/2020
  • 0 strong buy ratings
  • 6 buy ratings
  • 4 hold ratings
  • 0 sell ratings
5/21/2020
  • 0 strong buy ratings
  • 7 buy ratings
  • 4 hold ratings
  • 0 sell ratings
8/19/2020
  • 0 strong buy ratings
  • 9 buy ratings
  • 4 hold ratings
  • 0 sell ratings
11/17/2020
  • 0 strong buy ratings
  • 9 buy ratings
  • 4 hold ratings
  • 0 sell ratings
2/15/2021
  • 0 strong buy ratings
  • 10 buy ratings
  • 3 hold ratings
  • 0 sell ratings
4/16/2021
  • 0 strong buy ratings
  • 9 buy ratings
  • 3 hold ratings
  • 0 sell ratings
5/16/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/21/2021Canaccord GenuityBoost Price TargetBuy$123.00 ➝ $128.00Low
i
3/10/2021Fundamental ResearchUpgradeBuy$127.27Low
i
3/8/2021ArgusBoost Price TargetBuy$92.00 ➝ $100.00N/A
i
3/8/2021Bank of AmericaReiterated RatingBuy ➝ Neutral$125.00N/A
i
3/2/2021Bank of AmericaDowngradeBuy ➝ Neutral$125.00Low
i
3/1/2021ArgusBoost Price TargetBuy$92.00 ➝ $100.00Low
i
2/26/2021DesjardinsBoost Price TargetBuy$117.00 ➝ $119.00N/A
i
Rating by D. Young at Desjardins
2/25/2021BMO Capital MarketsBoost Price TargetMarket Perform$111.00 ➝ $120.00Low
i
2/25/2021Credit Suisse GroupBoost Price TargetOutperform$109.00 ➝ $115.00Medium
i
2/25/2021ScotiabankBoost Price TargetOutperform$129.00 ➝ $133.00Medium
i
2/25/2021TD SecuritiesBoost Price TargetBuy$120.00 ➝ $125.00Medium
i
2/25/2021Canaccord GenuityBoost Price TargetBuy$16.00 ➝ $123.00Medium
i
2/18/2021Canaccord GenuityUpgradeHold ➝ Buy$116.00Medium
i
2/17/2021ScotiabankBoost Price Target$125.00 ➝ $129.00Medium
i
2/16/2021BarclaysLower Price TargetOverweight$120.00 ➝ $119.00Low
i
12/3/2020CIBCBoost Price TargetNeutral$127.00 ➝ $128.00Low
i
12/3/2020ScotiabankBoost Price TargetOutperform$122.00 ➝ $125.00Low
i
12/3/2020Canaccord GenuityBoost Price TargetHold$107.50 ➝ $113.50Low
i
11/23/2020ScotiabankBoost Price Target$111.00 ➝ $122.00High
i
11/19/2020CIBCDowngradeOutperform ➝ NeutralLow
i
11/12/2020BarclaysBoost Price TargetOverweight$108.00 ➝ $112.00Low
i
10/29/2020Veritas Investment ResearchUpgradeSell ➝ BuyLow
i
9/2/2020Fundamental ResearchInitiated CoverageHold$89.93Medium
i
8/27/2020TD SecuritiesBoost Price TargetBuy$105.00 ➝ $110.00Low
i
8/27/2020Canaccord GenuityBoost Price TargetHold$95.50 ➝ $104.50Low
i
8/27/2020BMO Capital MarketsBoost Price TargetMarket Perform$93.00 ➝ $97.00Low
i
8/27/2020Bank of AmericaBoost Price TargetBuy$113.00 ➝ $114.00Low
i
8/27/2020Credit Suisse GroupBoost Price TargetOutperform$103.00 ➝ $104.00Low
i
8/26/2020DesjardinsUpgradeHold ➝ BuyLow
i
Rating by D. Young at Desjardins
8/19/2020BarclaysUpgradeUnderweight ➝ Overweight$80.00 ➝ $106.00Low
i
7/24/2020CIBCInitiated CoverageOutperformLow
i
5/28/2020BMO Capital MarketsBoost Price TargetMarket Perform$90.00 ➝ $93.00Low
i
5/28/2020ScotiabankBoost Price TargetOutperform$97.00 ➝ $105.00Low
i
5/28/2020Credit Suisse GroupBoost Price TargetOutperform$100.00 ➝ $101.00Low
i
Rating by Mike Rizvanovic at Credit Suisse Group AG
5/28/2020Canaccord GenuityBoost Price TargetHold$86.50 ➝ $95.00Low
i
5/22/2020ScotiabankLower Price TargetOutperform$99.00 ➝ $97.00Low
i
5/13/2020Bank of AmericaBoost Price TargetBuy$70.00 ➝ $98.00High
i
5/11/2020BarclaysLower Price TargetUnderweight$81.00 ➝ $80.00Low
i
5/6/2020CitigroupUpgradeNeutral ➝ BuyLow
i
Rating by Maria Semikhatova at Citigroup Inc.
3/25/2020CfraLower Price TargetHold$83.00 ➝ $69.00High
i
3/20/2020TD SecuritiesReiterated RatingBuyLow
i
3/9/2020BarclaysLower Price TargetUnderweight$106.00 ➝ $92.00High
i
2/24/2020CIBCReiterated RatingBuy$120.00Low
i
Rating by Robert Sedran at CIBC
2/24/2020Credit Suisse GroupBoost Price TargetOutperform$111.00 ➝ $112.00High
i
Rating by Mike Rizvanovic at Credit Suisse Group AG
12/17/2019CitigroupDowngradeBuy ➝ Neutral$113.00Low
i
12/13/2019Credit Suisse GroupUpgradeNeutral ➝ Outperform$108.00Medium
i
12/5/2019Credit Suisse GroupLower Price TargetNeutral$105.00 ➝ $102.00Low
i
12/4/2019DesjardinsDowngradeBuy ➝ HoldMedium
i
Rating by D. Young at Desjardins
11/21/2019CIBCUpgradeNeutral ➝ Sector Outperform$109.00 ➝ $120.00Low
i
8/21/2019BarclaysReiterated RatingSellN/A
i
Rating by John Aiken at Barclays PLC
8/20/2019ScotiabankReiterated RatingBuyMedium
i
Rating by Sumit Malhotra at Scotiabank
5/23/2019BMO Capital MarketsReiterated RatingHoldLow
i
Rating by Sohrab Movahedi at BMO Capital Markets
5/23/2019BarclaysReiterated RatingSellLow
i
Rating by John Aiken at Barclays PLC
5/17/2019BarclaysReiterated RatingSellLow
i
Rating by John Aiken at Barclays PLC
5/16/2019DesjardinsReiterated RatingBuy$111.00Low
i
Rating by Douglas Young at Desjardins
2/22/2019Canaccord GenuityReiterated RatingHoldLow
i
Rating by Scott Chan CFA at Canaccord Genuity
2/22/2019BarclaysReiterated RatingSellLow
i
Rating by John Aiken at Barclays PLC
2/22/2019ScotiabankReiterated RatingBuy ➝ Average$111.00Low
i
12/12/2018MacquarieUpgradeNeutral ➝ OutperformMedium
i
12/11/2018DesjardinsReiterated RatingBuyLow
i
Rating by Douglas Young at Desjardins
12/10/2018TD SecuritiesUpgradeHold ➝ BuyLow
i
12/2/2018ScotiabankReiterated RatingBuy ➝ Average$115.00Low
i
11/29/2018ArgusLower Price TargetBuy ➝ Positive$89.00Low
i
11/28/2018BarclaysReiterated RatingSellLow
i
Rating by John Aiken at Barclays PLC
11/22/2018Canaccord GenuityReiterated RatingHoldLow
i
11/16/2018BarclaysReiterated RatingSellLow
i
9/10/2018Scotia Howard WeillUpgradeSector Perform ➝ Sector OutperformLow
i
9/10/2018ScotiabankUpgradeSector Perform ➝ OutperformLow
i
9/10/2018Howard WeilUpgradeSector Perform ➝ Sector OutperformLow
i
6/8/2018MacquarieUpgradeUnderperform ➝ NeutralLow
i
6/4/2018National Bank FinancialUpgradeSector Perform ➝ OutperformLow
i
Rating by G. Dechaine at National Bank Financial
2/1/2018CIBCDowngradeOutperform ➝ NeutralLow
i
1/30/2018Bank of AmericaUpgradeNeutral ➝ BuyLow
i
1/5/2018ArgusBoost Price TargetAverage ➝ Buy$94.00Low
i
11/29/2017BMO Capital MarketsReiterated RatingHold$102.00Medium
i
11/29/2017Canaccord GenuityReiterated RatingHold$105.00Low
i
11/22/2017ScotiabankReiterated RatingHold$101.00N/A
i
10/24/2017MacquarieInitiated CoverageUnderperformN/A
i
8/21/2017ScotiabankDowngradeOutperform ➝ Sector PerformLow
i
8/21/2017Howard WeilDowngradeSector PerformLow
i
7/18/2017Canaccord GenuityInitiated CoverageHold ➝ HoldLow
i
5/18/2017National Bank FinancialReiterated RatingSector Perform OverweightLow
i
Rating by G. Dechaine at National Bank Financial
4/3/2017TD SecuritiesDowngradeBuy ➝ HoldLow
i
2/27/2017Keefe, Bruyette & WoodsUpgradeUnderperform ➝ Market PerformN/A
i
2/22/2017TD SecuritiesUpgradeHold ➝ BuyN/A
i
12/12/2016ArgusBoost Price TargetBuy$71.00 ➝ $77.00N/A
i
12/1/2016Rafferty Capital MarketsReiterated RatingBuy ➝ HoldN/A
i
11/30/2016BMO Capital MarketsReiterated RatingHoldN/A
i
Rating by Sohrab Movahedi at BMO Capital Markets
11/21/2016TD SecuritiesUpgradeHold ➝ BuyN/A
i
11/14/2016Credit Suisse GroupReiterated RatingOutperformN/A
i
Rating by Kevin Choquette at Credit Suisse Group AG
11/1/2016Bank of AmericaInitiated CoverageUnderperformN/A
i
10/27/2016BarclaysReiterated RatingSellN/A
i
10/13/2016Canaccord GenuityUpgradeHold ➝ BuyN/A
i
9/21/2016Dundee SecuritiesInitiated CoverageNeutralN/A
i
9/14/2016CitigroupBoost Price TargetBuy$89.00 ➝ $95.00N/A
i
9/11/2016Credit Suisse GroupReiterated RatingBuyN/A
i
Rating by Kevin Choquette at Credit Suisse Group AG
8/26/2016TD SecuritiesReiterated RatingHold$81.00 ➝ $86.00N/A
i
8/26/2016ScotiabankReiterated RatingOutperform$85.00 ➝ $86.00N/A
i
8/26/2016DesjardinsReiterated RatingBuy$86.00N/A
i
8/26/2016Credit Suisse GroupReiterated RatingOutperform$96.00 ➝ $100.00N/A
i
Rating by Kevin Choquette at Credit Suisse Group AG
8/25/2016BMO Capital MarketsReiterated RatingHoldN/A
i
8/25/2016ArgusReiterated RatingBuy$69.00 ➝ $71.00N/A
i
8/21/2016BarclaysReiterated RatingUnderweight$67.00 ➝ $72.00N/A
i
8/15/2016CitigroupBoost Price TargetBuy$88.00 ➝ $89.00N/A
i
7/19/2016Canaccord GenuityReiterated RatingHoldN/A
i
7/12/2016Bank of AmericaReiterated RatingUnderperformN/A
i
7/1/2016ArgusInitiated CoverageBuy$69.00N/A
i
6/4/2016Credit Suisse GroupReiterated RatingBuyN/A
i
Rating by Kevin Choquette at Credit Suisse Group AG
6/3/2016CitigroupReiterated RatingBuy$89.00 ➝ $88.00N/A
i
5/27/2016TD SecuritiesReiterated RatingHold$79.00 ➝ $81.00N/A
i
(Data available from 5/16/2016 forward)
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, 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 creditor and business insurance services to individual, business, and group clients through its field sales force, advice centers, and online, as well as through independent insurance advisors and affinity relationships. Its Investor & Treasury Services segment provides asset, cash management, transaction banking, and treasury services to institutional clients; correspondent banking and trade finance services for financial institutions; and short-term funding and liquidity management services. The company's Capital Markets segment offers corporate and investment banking, as well as equity and debt origination, distribution, sale, and trading services for corporations, institutional investors, asset managers, governments, and central banks. Royal Bank of Canada has a strategic partnership with Royal College Of Physicians & Surgeons Of Canada to support the needs of Canada's medical specialists. The company was founded in 1864 and is headquartered in Toronto, Canada.
Read More

Today's Range

Now: $100.55
$100.15
$100.92

50 Day Range

MA: $94.60
$92.17
$99.65

52 Week Range

Now: $100.55
$58.24
$100.92

Volume

1,469,387 shs

Average Volume

1,262,755 shs

Market Capitalization

$143.24 billion

P/E Ratio

17.16

Dividend Yield

3.40%

Beta

0.99

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 $121.75, suggesting a possible upside of 21.1%. Scotiabank has the highest price target set, predicting RY will reach $133.00 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.

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.