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

  • Consensus Rating: Buy
  • Consensus Price Target: C$135.06
  • Forecasted Upside: 7.23 %
  • Number of Analysts: 10
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 8 Buy Ratings
  • 0 Strong Buy Ratings
C$125.96
▼ -1.12 (-0.88%)
1 month | 3 months | 12 months
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Analyst Price Target for RY

Average Price Target: C$135.06
▲ +7.23% Upside Potential
This price target is based on 10 analysts offering 12 month price targets for Royal Bank of Canada in the last 3 months. The average price target is C$135.06, with a high forecast of C$144.00 and a low forecast of C$125.00. The average price target represents a 7.23% upside from the last price of C$125.96.

Buy

The current consensus among 10 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

  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
12/26/2019
  • 0 strong buy ratings
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
3/25/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/23/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
9/21/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
12/20/2020
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/20/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings
5/19/2021
  • 0 strong buy ratings
  • 8 buy ratings
  • 2 hold ratings
  • 0 sell ratings
6/18/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
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
5/28/2021Canaccord GenuityBoost Price TargetBuyC$129.50 ➝ C$134.50
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
5/18/2021Canaccord GenuityBoost Price TargetBuyC$128.00 ➝ C$129.50
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
2/19/2021Canaccord GenuityUpgradeBuy
2/18/2021Canaccord GenuityBoost Price TargetHold ➝ NAC$113.50 ➝ C$116.00
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
12/3/2020Canaccord GenuityBoost Price TargetC$107.00 ➝ C$113.50
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
11/24/2020Canaccord GenuityBoost Price TargetC$104.50 ➝ C$107.50
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
8/19/2020Canaccord GenuityBoost Price TargetC$95.00 ➝ C$95.50
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
5/20/2020Canaccord GenuityLower Price TargetC$110.00 ➝ C$86.50
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
11/25/2019Canaccord GenuityBoost Price TargetC$104.00 ➝ C$106.00
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
5/15/2019Canaccord GenuityLower Price TargetC$108.00 ➝ C$105.00
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
11/22/2018Canaccord GenuityLower Price TargetC$111.00 ➝ C$102.00
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
2/26/2018Canaccord GenuityBoost Price TargetC$107.00 ➝ C$109.00
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
11/30/2017Canaccord GenuityBoost Price TargetC$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
11/1/2017Canaccord GenuityBoost Price TargetC$100.00 ➝ C$105.00
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
5/26/2017ScotiabankBoost Price TargetOutperformC$101.00 ➝ C$102.00
5/26/2017National Bank FinancialReiterated RatingSector PerformC$99.00
4/3/2017TD SecuritiesReiterated RatingBuy ➝ Buy
3/7/2017CIBCBoost Price TargetC$101.00 ➝ C$106.00
2/27/2017Keefe, Bruyette & WoodsBoost Price TargetUnderperform ➝ Market PerformC$92.00 ➝ C$99.00
2/27/2017ScotiabankBoost Price TargetOutperformC$102.00 ➝ C$104.00
2/27/2017TD SecuritiesReiterated RatingBuyC$105.00
2/27/2017CIBCUpgradeUnderperform ➝ Market Perform
2/21/2017Keefe, Bruyette & WoodsBoost Price TargetC$83.00 ➝ C$92.00
2/20/2017National Bank FinancialReiterated RatingSector Perform
2/15/2017CIBCBoost Price TargetC$98.00 ➝ C$99.00
2/13/2017BarclaysBoost Price TargetC$77.00 ➝ C$84.00
1/17/2017CSFBBoost Price TargetC$100.00 ➝ C$101.00
1/13/2017Canaccord GenuityBoost Price TargetC$95.00 ➝ C$99.00
12/22/2016Dundee SecuritiesBoost Price TargetC$87.00 ➝ C$93.00
12/21/2016DesjardinsBoost Price TargetC$92.00 ➝ C$94.00
12/8/2016TD SecuritiesBoost Price TargetC$96.00 ➝ C$98.00
12/1/2016BMO Capital MarketsBoost Price TargetC$85.00 ➝ C$92.00
12/1/2016TD SecuritiesReiterated RatingBuyC$96.00
12/1/2016ScotiabankLower Price TargetOutperformC$95.00 ➝ C$93.00
12/1/2016Keefe, Bruyette & WoodsBoost Price TargetC$74.00 ➝ C$83.00
11/22/2016Canaccord GenuityBoost Price TargetC$89.00 ➝ C$95.00
11/21/2016TD SecuritiesUpgradeHold ➝ BuyC$86.00 ➝ C$96.00
11/21/2016BarclaysBoost Price TargetC$74.00 ➝ C$77.00
11/15/2016CSFBReiterated RatingOutperformC$100.00
11/14/2016DesjardinsBoost Price TargetC$86.00 ➝ C$89.00
10/13/2016Canaccord GenuityBoost Price TargetHold ➝ BuyC$85.00 ➝ C$89.00
9/21/2016Dundee SecuritiesReiterated RatingNeutralC$87.00
9/2/2016CIBCBoost Price TargetC$84.00 ➝ C$87.00
8/25/2016TD SecuritiesBoost Price TargetHoldC$81.00 ➝ C$86.00
8/25/2016ScotiabankBoost Price TargetOutperformC$85.00 ➝ C$86.00
8/25/2016National Bank FinancialBoost Price TargetC$83.00 ➝ C$84.00
8/25/2016DesjardinsReiterated RatingBuyC$86.00
8/25/2016CSFBLower Price TargetOutperformC$100.00 ➝ C$96.00
8/25/2016CIBCBoost Price TargetC$82.00 ➝ C$84.00
8/25/2016BarclaysBoost Price TargetUnderweightC$72.00 ➝ C$74.00
8/25/2016Bank of AmericaBoost Price TargetUnderperformC$75.00 ➝ C$76.00
8/18/2016Keefe, Bruyette & WoodsBoost Price TargetC$71.00 ➝ C$74.00
8/17/2016BarclaysBoost Price TargetUnderweightC$67.00 ➝ C$72.00
8/10/2016CIBCBoost Price TargetC$81.00 ➝ C$82.00
6/20/2016TD SecuritiesReiterated RatingHoldC$81.00
6/20/2016ScotiabankReiterated RatingOutperformC$85.00
(Data available from 6/18/2016 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.
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Today's Range

Now: C$125.96
Low: C$125.79
High: C$126.63

50 Day Range

MA: C$121.65
Low: C$115.85
High: C$127.68

52 Week Range

Now: C$125.96
Low: C$90.55
High: C$128.72

Volume

9,640,846 shs

Average Volume

4,412,720 shs

Market Capitalization

C$179.51 billion

P/E Ratio

12.80

Dividend Yield

3.40%

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: Bank of America Co., BMO Capital Markets, Canaccord Genuity, CIBC, Cormark, Credit Suisse Group AG, CSFB, Desjardins, Fundamental Research, National Bank Financial, National Bankshares, Inc., Scotiabank, and TD Securities.
View the latest analyst ratings for RY.

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

12 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$135.06, suggesting a possible upside of 7.2%. Scotiabank has the highest price target set, predicting RY will reach C$144.00 in the next twelve months. TD Securities has the lowest price target set, forecasting a price of C$125.00 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 hold ratings and 8 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 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.