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

  • Consensus Rating: Buy
  • Consensus Price Target: C$147.15
  • Forecasted Upside: 17.08 %
  • Number of Analysts: 14
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 12 Buy Ratings
  • 0 Strong Buy Ratings
C$125.69 As of 07/4/2022 01:00 AM ET
▲ +1.05 (0.84%)

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 C$147.15
▲ +17.08% Upside Potential
This price target is based on 14 analysts offering 12 month price targets for Royal Bank of Canada in the last 3 months. The average price target is C$147.15, with a high forecast of C$0.00 and a low forecast of C$0.00. The average price target represents a 17.08% upside from the last price of C$125.69.

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 14 polled 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
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
1/11/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
4/11/2021
  • 0 strong buy ratings
  • 9 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
7/10/2021
  • 0 strong buy ratings
  • 8 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
10/8/2021
  • 0 strong buy ratings
  • 11 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
1/6/2022
  • 0 strong buy ratings
  • 11 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
4/6/2022
  • 0 strong buy ratings
  • 11 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
6/5/2022
  • 0 strong buy ratings
  • 12 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
7/5/2022

Latest Recommendations

  • 0 strong buy ratings
  • 12 buy ratings
  • 2 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
6/8/2022Fundamental ResearchReiterated RatingBuyC$142.00
6/7/2022ArgusBoost Price TargetBuyC$157.00
5/27/2022Canaccord Genuity GroupBoost Price TargetC$131.50 ➝ C$134.00
5/27/2022National BanksharesBoost Price TargetOutperformC$147.00 ➝ C$148.00
5/27/2022TD SecuritiesLower Price TargetBuyC$150.00 ➝ C$145.00
5/27/2022Credit Suisse GroupLower Price TargetOutperformC$152.00
5/20/2022Credit Suisse GroupInitiated CoverageBuyC$153.00
5/20/2022CSFBSet Price TargetOutperformC$153.00
5/20/2022ScotiabankLower Price TargetC$150.00 ➝ C$147.00
5/17/2022CIBCLower Price TargetC$149.00 ➝ C$146.00
4/13/2022ScotiabankLower Price TargetC$163.00 ➝ C$150.00
4/11/2022CIBCUpgradeNeutral ➝ BuyC$151.00 ➝ C$149.00
3/9/2022CIBCLower Price TargetC$152.00 ➝ C$151.00
3/7/2022Fundamental ResearchLower Price TargetBuy ➝ BuyC$152.07 ➝ C$151.16
2/23/2022National BanksharesBoost Price TargetC$140.00 ➝ C$147.00
2/17/2022Canaccord Genuity GroupBoost Price TargetC$148.00 ➝ C$150.00
2/17/2022CIBCBoost Price TargetNeutralC$143.00 ➝ C$152.00
2/15/2022TD SecuritiesBoost Price TargetC$150.00 ➝ C$165.00
2/7/2022Canaccord Genuity GroupDowngradeHoldC$148.00
1/19/2022BarclaysBoost Price TargetOverweightC$141.00 ➝ C$157.00
12/7/2021Fundamental ResearchBoost Price TargetBuy ➝ BuyC$143.76 ➝ C$152.07
12/2/2021CIBCLower Price TargetNeutralC$149.00 ➝ C$143.00
12/2/2021CormarkLower Price TargetC$147.00 ➝ C$146.00
12/2/2021ScotiabankLower Price TargetOutperformC$149.00 ➝ C$146.00
12/2/2021Veritas Investment ResearchReiterated RatingReduce ➝ Buy
12/2/2021National BanksharesLower Price TargetOutperformC$144.00 ➝ C$140.00
12/2/2021TD SecuritiesLower Price TargetBuyC$155.00 ➝ C$150.00
12/1/2021BarclaysReiterated RatingOverweightC$144.00
11/22/2021CIBCBoost Price TargetC$145.00 ➝ C$149.00
9/2/2021Credit Suisse GroupReiterated RatingOutperform
9/1/2021Credit Suisse GroupBoost Price TargetNAC$144.00
9/1/2021CSFBBoost Price TargetC$140.00 ➝ C$144.00
8/26/2021CIBCBoost Price TargetC$138.00 ➝ C$145.00
8/26/2021CSFBBoost Price TargetC$135.00 ➝ C$140.00
8/26/2021National BanksharesBoost Price TargetC$140.00 ➝ C$144.00
8/26/2021National Bank FinancialBoost Price TargetOutperformC$144.00
8/26/2021Credit Suisse GroupBoost Price TargetOutperformC$140.00
8/26/2021CormarkBoost Price TargetBuyC$144.00 ➝ C$147.00
8/26/2021BMO Capital MarketsBoost Price TargetMarket PerformC$139.00 ➝ C$142.00
8/25/2021CIBCReiterated RatingNeutralC$138.00
8/17/2021ScotiabankBoost Price TargetC$144.00 ➝ C$148.00
8/13/2021BarclaysBoost Price TargetC$137.00 ➝ C$142.00
6/23/2021CIBCLower Price TargetNeutralC$133.00 ➝ C$131.00
6/15/2021National Bank FinancialBoost Price TargetOutperformC$140.00
6/15/2021National BanksharesBoost Price TargetC$137.00 ➝ C$140.00
6/7/2021Credit Suisse GroupBoost Price TargetNAC$135.00
6/7/2021CSFBBoost Price TargetC$132.00 ➝ C$135.00
5/31/2021CormarkBoost Price TargetBuyC$130.00 ➝ C$136.00
5/28/2021Credit Suisse GroupBoost Price TargetNAC$132.00
5/28/2021National BanksharesBoost Price TargetOutperformC$130.00 ➝ C$137.00
5/28/2021BMO Capital MarketsBoost Price TargetMarket PerformC$131.00 ➝ C$139.00
5/28/2021ScotiabankBoost Price TargetC$140.00 ➝ C$144.00
5/28/2021CSFBBoost Price TargetC$125.00 ➝ C$132.00
5/28/2021National Bank FinancialBoost Price TargetOutperformC$137.00
5/27/2021CIBCReiterated RatingNeutralC$133.00
5/20/2021Credit Suisse GroupBoost Price TargetNAC$125.00
5/20/2021ScotiabankBoost Price TargetC$133.00 ➝ C$140.00
5/20/2021CSFBBoost Price TargetC$118.00 ➝ C$125.00
5/20/2021CIBCBoost Price TargetNeutralC$120.00 ➝ C$133.00
5/19/2021Bank of AmericaBoost Price TargetBuyC$125.00 ➝ C$132.00
5/18/2021National Bank FinancialBoost Price TargetOutperformC$130.00
5/18/2021National BanksharesBoost Price TargetC$123.00 ➝ C$130.00
3/3/2021CSFBBoost Price TargetC$115.00 ➝ C$118.00
3/2/2021Fundamental ResearchUpgradeHold ➝ BuyC$102.97 ➝ C$127.27
3/2/2021CIBCLower Price TargetC$128.00 ➝ C$120.00
2/26/2021CormarkBoost Price TargetC$117.00 ➝ C$118.00
2/25/2021BMO Capital MarketsBoost Price TargetC$111.00 ➝ C$120.00
2/25/2021CSFBBoost Price TargetC$109.00 ➝ C$115.00
2/25/2021ScotiabankBoost Price TargetC$129.00 ➝ C$133.00
2/25/2021TD SecuritiesBoost Price TargetBuyC$120.00 ➝ C$125.00
2/25/2021National Bank FinancialBoost Price TargetOutperformC$117.00 ➝ C$123.00
1/11/2021National Bank FinancialBoost Price TargetOutperformC$113.00 ➝ C$117.00
12/14/2020BMO Capital MarketsBoost Price TargetC$106.00 ➝ C$111.00
12/8/2020Fundamental ResearchBoost Price TargetHold ➝ HoldC$89.93 ➝ C$102.97
12/3/2020CIBCBoost Price TargetC$127.00 ➝ C$128.00
12/3/2020National Bank FinancialBoost Price TargetOutperformC$107.00 ➝ C$113.00
12/3/2020ScotiabankLower Price TargetC$125.00 ➝ C$122.00
11/23/2020ScotiabankBoost Price TargetC$111.00 ➝ C$122.00
11/19/2020CIBCDowngradeOutperform ➝ Neutral
9/8/2020National Bank FinancialBoost Price TargetOutperformC$106.00 ➝ C$107.00
9/3/2020Fundamental ResearchReiterated RatingHoldC$101.47
9/2/2020National Bank FinancialBoost Price TargetOutperformC$106.00 ➝ C$107.00
8/27/2020Credit Suisse GroupBoost Price TargetC$103.00 ➝ C$104.00
8/27/2020BMO Capital MarketsBoost Price TargetC$93.00 ➝ C$97.00
8/27/2020CSFBBoost Price TargetC$103.00 ➝ C$104.00
8/27/2020TD SecuritiesBoost Price TargetBuyC$105.00 ➝ C$110.00
8/27/2020National Bank FinancialBoost Price TargetOutperformC$106.00 ➝ C$107.00
8/26/2020DesjardinsUpgradeHold ➝ Buy
8/21/2020Credit Suisse GroupBoost Price TargetC$101.00 ➝ C$103.00
8/21/2020CSFBBoost Price TargetC$101.00 ➝ C$103.00
5/28/2020BMO Capital MarketsBoost Price TargetC$90.00 ➝ C$93.00
5/28/2020ScotiabankBoost Price TargetC$97.00 ➝ C$105.00
5/28/2020CormarkBoost Price TargetC$95.00 ➝ C$104.00
5/28/2020National Bank FinancialBoost Price TargetOutperformC$92.00 ➝ C$99.00
5/22/2020CSFBLower Price TargetC$105.00 ➝ C$100.00
5/22/2020ScotiabankLower Price TargetC$99.00 ➝ C$97.00
5/17/2020National Bank FinancialLower Price TargetOutperformC$94.00 ➝ C$92.00
5/6/2020CitigroupUpgradeNeutral ➝ BuyC$113.00 ➝ C$95.00
3/31/2020ScotiabankLower Price TargetC$117.00 ➝ C$99.00
3/25/2020National Bank FinancialLower Price TargetOutperformC$119.00 ➝ C$94.00
3/20/2020TD SecuritiesLower Price TargetBuyC$115.00 ➝ C$105.00
2/24/2020National Bank FinancialBoost Price TargetOutperformC$116.00 ➝ C$119.00
2/20/2020ScotiabankBoost Price TargetC$114.00 ➝ C$116.00
12/5/2019National Bank FinancialLower Price TargetOutperformC$117.00 ➝ C$116.00
12/5/2019ScotiabankLower Price TargetC$117.00 ➝ C$114.00
12/4/2019DesjardinsDowngradeBuy ➝ Hold
11/22/2019National Bank FinancialBoost Price TargetOutperformC$111.00 ➝ C$117.00
11/21/2019CIBCUpgradeNeutral ➝ OutperformC$109.00 ➝ C$120.00
11/20/2019ScotiabankLower Price TargetC$118.00 ➝ C$117.00
9/9/2019CitigroupLower Price TargetC$120.00 ➝ C$113.00
9/4/2019Eight CapitalLower Price TargetC$114.00 ➝ C$113.00
8/22/2019National Bank FinancialLower Price TargetOutperformC$112.00 ➝ C$111.00
8/22/2019BMO Capital MarketsLower Price TargetC$114.00 ➝ C$109.00
8/22/2019CormarkLower Price TargetC$112.00 ➝ C$111.00
8/22/2019CIBCLower Price TargetC$110.00 ➝ C$109.00
8/14/2019Eight CapitalLower Price TargetC$121.00 ➝ C$114.00
6/27/2019CitigroupLower Price TargetC$125.00 ➝ C$120.00
5/24/2019National Bank FinancialBoost Price TargetOutperformC$110.00 ➝ C$112.00
5/24/2019BMO Capital MarketsBoost Price TargetC$110.00 ➝ C$114.00
5/16/2019CSFBSet Price TargetNeutralC$109.00
5/14/2019DesjardinsBoost Price TargetC$108.00 ➝ C$111.00
12/11/2018DesjardinsLower Price TargetC$109.00 ➝ C$108.00
12/10/2018TD SecuritiesUpgradeHold ➝ BuyC$115.00
11/29/2018National Bank FinancialLower Price TargetOutperformC$111.00 ➝ C$110.00
11/29/2018BarclaysBoost Price TargetC$99.00 ➝ C$100.00
11/16/2018BarclaysLower Price TargetC$104.00 ➝ C$99.00
8/23/2018BMO Capital MarketsBoost Price TargetMarket PerformC$106.00 ➝ C$110.00
8/23/2018CIBCBoost Price TargetC$109.00 ➝ C$110.00
8/23/2018Eight CapitalBoost Price TargetC$119.00 ➝ C$122.00
8/23/2018National Bank FinancialBoost Price TargetOutperformC$109.00 ➝ C$111.00
6/18/2018BMO Capital MarketsReiterated RatingMarket PerformC$106.00
6/11/2018CIBCLower Price TargetC$114.00 ➝ C$109.00
6/3/2018National Bank FinancialUpgradeSector Perform Market Weight ➝ Outperform Market Weight
5/25/2018Eight CapitalBoost Price TargetC$118.00 ➝ C$119.00
5/25/2018ScotiabankLower Price TargetSector PerformC$112.00 ➝ C$110.00
2/26/2018BMO Capital MarketsReiterated RatingMarket PerformC$106.00
2/26/2018National Bank FinancialBoost Price TargetSector PerformC$107.00 ➝ C$109.00
2/26/2018BarclaysBoost Price TargetC$100.00 ➝ C$103.00
2/1/2018CIBCDowngradeOutperform ➝ NeutralC$113.00 ➝ C$114.00
1/19/2018CSFBBoost Price TargetC$108.00 ➝ C$114.00
1/12/2018National Bank FinancialBoost Price TargetSector PerformC$105.00 ➝ C$107.00
12/12/2017CitigroupBoost Price TargetC$118.00 ➝ C$120.00
12/11/2017Eight CapitalUpgradeNeutral ➝ BuyC$107.00 ➝ C$113.00
11/30/2017ScotiabankBoost Price TargetSector PerformC$110.00 ➝ C$111.00
11/30/2017National Bank FinancialBoost Price TargetSector PerformC$101.00 ➝ C$105.00
11/30/2017Eight CapitalBoost Price TargetC$105.00 ➝ C$107.00
11/30/2017DesjardinsBoost Price TargetC$108.00 ➝ C$109.00
11/30/2017CSFBBoost Price TargetOutperformC$105.00 ➝ C$108.00
11/30/2017BMO Capital MarketsBoost Price TargetMarket PerformC$100.00 ➝ C$102.00
11/13/2017CIBCBoost Price TargetC$103.00 ➝ C$113.00
8/25/2017Eight CapitalBoost Price TargetC$102.00 ➝ C$105.00
8/25/2017BarclaysBoost Price TargetC$94.20 ➝ C$96.00
8/24/2017National Bank FinancialLower Price TargetSector PerformC$101.00 ➝ C$99.00
8/24/2017BMO Capital MarketsReiterated RatingMarket PerformC$100.00
8/21/2017ScotiabankDowngradeOutperform ➝ Sector PerformC$102.00 ➝ C$100.00
(Data available from 7/5/2017 forward)

News Sentiment Rating

0.88 (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
  • 8 very positive mentions
  • 15 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
12/7/2021
  • 7 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/6/2022
  • 11 very positive mentions
  • 5 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
2/5/2022
  • 9 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
3/7/2022
  • 7 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
4/6/2022
  • 8 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 3 very negative mentions
Mentions as of
5/6/2022
  • 5 very positive mentions
  • 12 positive mentions
  • 0 negative mentions
  • 2 very negative mentions
Mentions as of
6/5/2022
  • 10 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
7/5/2022

Current Sentiment

  • 10 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 1 very negative mentions

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

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.
Read More

Today's Range

Now: C$125.69
Low: C$124.84
High: C$126.64

50 Day Range

MA: C$128.17
Low: C$123.35
High: C$133.09

52 Week Range

Now: C$125.69
Low: C$122.36
High: C$149.60

Volume

1,111,229 shs

Average Volume

3,886,599 shs

Market Capitalization

C$176.23 billion

P/E Ratio

10.99

Dividend Yield

4.11%

Beta

N/A

Frequently Asked Questions

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

The following Wall Street research analysts have issued reports on Royal Bank of Canada in the last twelve months: Argus, Barclays PLC, BMO Capital Markets, Canaccord Genuity Group Inc., CIBC, Cormark, Credit Suisse Group AG, CSFB, Fundamental Research, National Bank Financial, National Bankshares, Inc., Scotiabank, TD Securities, and Veritas Investment Research.
View the latest analyst ratings for RY.

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

0 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 C$147.15, suggesting a possible upside of 17.1%.
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 hold ratings and 12 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 1 Place Ville Marie Cp 6001 Succ Centre Ville, MONTREAL, QC H3C 3A9, Canada. The financial services provider's listed phone number is +1-416-9748393. The official website for Royal Bank of Canada is www.rbc.com. Learn More about contacing Royal Bank of Canada investor relations.