TSE:RY - Royal Bank of Canada (RY.TO) Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$105.20
  • Forecasted Upside: -2.62 %
  • Number of Analysts: 6
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
C$108.03
▼ -0.22 (-0.20%)
1 month | 3 months | 12 months
Get New Royal Bank of Canada (RY.TO) Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for RY and its competitors with Analyst Ratings Network’s free daily newsletter.

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.
C$105.20
▼ -2.62% Downside Potential
This price target is based on 6 analysts offering 12 month price targets for Royal Bank of Canada (RY.TO) in the last 3 months. The average price target is C$105.20, with a high forecast of C$122.00 and a low forecast of C$95.00. The average price target represents a -2.62% upside from the last price of C$108.03.
Buy
The current consensus among 6 polled investment analysts is to buy stock in Royal Bank of Canada (RY.TO). This rating has held steady since January 2019, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
6/6/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
9/4/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
12/3/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
3/2/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
5/31/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
8/29/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
10/28/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
11/27/2020

Latest Recommendations

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

DateBrokerageActionRatingPrice TargetDetails
11/24/2020Canaccord GenuityBoost Price TargetC$104.50 ➝ C$107.50
i
11/23/2020ScotiabankBoost Price TargetC$111.00 ➝ C$122.00
i
11/19/2020CIBCDowngradeOutperform ➝ Neutral
i
9/8/2020National Bank FinancialBoost Price TargetOutperformC$106.00 ➝ C$107.00
i
9/3/2020Fundamental ResearchReiterated RatingHoldC$101.47
i
9/2/2020National Bank FinancialBoost Price TargetOutperformC$106.00 ➝ C$107.00
i
8/27/2020Credit Suisse GroupBoost Price TargetC$103.00 ➝ C$104.00
i
8/27/2020BMO Capital MarketsBoost Price TargetC$93.00 ➝ C$97.00
i
8/27/2020CSFBBoost Price TargetC$103.00 ➝ C$104.00
i
8/27/2020TD SecuritiesBoost Price TargetBuyC$105.00 ➝ C$110.00
i
8/27/2020National Bank FinancialBoost Price TargetOutperformC$106.00 ➝ C$107.00
i
8/26/2020DesjardinsUpgradeHold ➝ Buy
i
Rating by D. Young at Desjardins
8/21/2020Credit Suisse GroupBoost Price TargetC$101.00 ➝ C$103.00
i
8/21/2020CSFBBoost Price TargetC$101.00 ➝ C$103.00
i
8/19/2020Canaccord GenuityBoost Price TargetC$95.00 ➝ C$95.50
i
5/28/2020BMO Capital MarketsBoost Price TargetC$90.00 ➝ C$93.00
i
5/28/2020ScotiabankBoost Price TargetC$97.00 ➝ C$105.00
i
5/28/2020CormarkBoost Price TargetC$95.00 ➝ C$104.00
i
5/28/2020National Bank FinancialBoost Price TargetOutperformC$92.00 ➝ C$99.00
i
5/22/2020CSFBLower Price TargetC$105.00 ➝ C$100.00
i
5/22/2020ScotiabankLower Price TargetC$99.00 ➝ C$97.00
i
5/20/2020Canaccord GenuityLower Price TargetC$110.00 ➝ C$86.50
i
5/17/2020National Bank FinancialLower Price TargetOutperformC$94.00 ➝ C$92.00
i
5/6/2020CitigroupUpgradeNeutral ➝ BuyC$113.00 ➝ C$95.00
i
3/31/2020ScotiabankLower Price TargetC$117.00 ➝ C$99.00
i
3/25/2020National Bank FinancialLower Price TargetOutperformC$119.00 ➝ C$94.00
i
3/20/2020TD SecuritiesLower Price TargetBuyC$115.00 ➝ C$105.00
i
2/24/2020National Bank FinancialBoost Price TargetOutperformC$116.00 ➝ C$119.00
i
2/20/2020ScotiabankBoost Price TargetC$114.00 ➝ C$116.00
i
12/5/2019National Bank FinancialLower Price TargetOutperformC$117.00 ➝ C$116.00
i
12/5/2019ScotiabankLower Price TargetC$117.00 ➝ C$114.00
i
12/4/2019DesjardinsDowngradeBuy ➝ Hold
i
Rating by D. Young at Desjardins
11/25/2019Canaccord GenuityBoost Price TargetC$104.00 ➝ C$106.00
i
11/22/2019National Bank FinancialBoost Price TargetOutperformC$111.00 ➝ C$117.00
i
11/21/2019CIBCUpgradeNeutral ➝ OutperformC$109.00 ➝ C$120.00
i
11/20/2019ScotiabankLower Price TargetC$118.00 ➝ C$117.00
i
9/9/2019CitigroupLower Price TargetC$120.00 ➝ C$113.00
i
9/4/2019Eight CapitalLower Price TargetC$114.00 ➝ C$113.00
i
8/22/2019National Bank FinancialLower Price TargetOutperformC$112.00 ➝ C$111.00
i
8/22/2019BMO Capital MarketsLower Price TargetC$114.00 ➝ C$109.00
i
8/22/2019CormarkLower Price TargetC$112.00 ➝ C$111.00
i
8/22/2019CIBCLower Price TargetC$110.00 ➝ C$109.00
i
8/14/2019Eight CapitalLower Price TargetC$121.00 ➝ C$114.00
i
6/27/2019CitigroupLower Price TargetC$125.00 ➝ C$120.00
i
5/24/2019National Bank FinancialBoost Price TargetOutperformC$110.00 ➝ C$112.00
i
5/24/2019BMO Capital MarketsBoost Price TargetC$110.00 ➝ C$114.00
i
5/16/2019CSFBSet Price TargetNeutralC$109.00
i
5/15/2019Canaccord GenuityLower Price TargetC$108.00 ➝ C$105.00
i
5/14/2019DesjardinsBoost Price TargetC$108.00 ➝ C$111.00
i
12/11/2018DesjardinsLower Price TargetC$109.00 ➝ C$108.00
i
12/10/2018TD SecuritiesUpgradeHold ➝ BuyC$115.00
i
11/29/2018National Bank FinancialLower Price TargetOutperformC$111.00 ➝ C$110.00
i
Rating by G. Dechaine at National Bank Financial
11/29/2018BarclaysBoost Price TargetC$99.00 ➝ C$100.00
i
11/22/2018Canaccord GenuityLower Price TargetC$111.00 ➝ C$102.00
i
11/16/2018BarclaysLower Price TargetC$104.00 ➝ C$99.00
i
8/23/2018BMO Capital MarketsBoost Price TargetMarket PerformC$106.00 ➝ C$110.00
i
8/23/2018CIBCBoost Price TargetC$109.00 ➝ C$110.00
i
8/23/2018Eight CapitalBoost Price TargetC$119.00 ➝ C$122.00
i
8/23/2018National Bank FinancialBoost Price TargetOutperformC$109.00 ➝ C$111.00
i
Rating by G. Dechaine at National Bank Financial
6/18/2018BMO Capital MarketsReiterated RatingMarket PerformC$106.00
i
6/11/2018CIBCLower Price TargetC$114.00 ➝ C$109.00
i
6/3/2018National Bank FinancialUpgradeSector Perform Market Weight ➝ Outperform Market Weight
i
Rating by G. Dechaine at National Bank Financial
5/25/2018Eight CapitalBoost Price TargetC$118.00 ➝ C$119.00
i
5/25/2018ScotiabankLower Price TargetSector PerformC$112.00 ➝ C$110.00
i
2/26/2018BMO Capital MarketsReiterated RatingMarket PerformC$106.00
i
2/26/2018National Bank FinancialBoost Price TargetSector PerformC$107.00 ➝ C$109.00
i
2/26/2018BarclaysBoost Price TargetC$100.00 ➝ C$103.00
i
2/26/2018Canaccord GenuityBoost Price TargetC$107.00 ➝ C$109.00
i
2/1/2018CIBCDowngradeOutperform ➝ NeutralC$113.00 ➝ C$114.00
i
1/19/2018CSFBBoost Price TargetC$108.00 ➝ C$114.00
i
1/12/2018National Bank FinancialBoost Price TargetSector PerformC$105.00 ➝ C$107.00
i
12/12/2017CitigroupBoost Price TargetC$118.00 ➝ C$120.00
i
12/11/2017Eight CapitalUpgradeNeutral ➝ BuyC$107.00 ➝ C$113.00
i
11/30/2017ScotiabankBoost Price TargetSector PerformC$110.00 ➝ C$111.00
i
11/30/2017National Bank FinancialBoost Price TargetSector PerformC$101.00 ➝ C$105.00
i
11/30/2017Eight CapitalBoost Price TargetC$105.00 ➝ C$107.00
i
11/30/2017DesjardinsBoost Price TargetC$108.00 ➝ C$109.00
i
11/30/2017CSFBBoost Price TargetOutperformC$105.00 ➝ C$108.00
i
11/30/2017Canaccord GenuityBoost Price TargetC$105.00 ➝ C$108.00
i
11/30/2017BMO Capital MarketsBoost Price TargetMarket PerformC$100.00 ➝ C$102.00
i
11/13/2017CIBCBoost Price TargetC$103.00 ➝ C$113.00
i
11/1/2017Canaccord GenuityBoost Price TargetC$100.00 ➝ C$105.00
i
8/25/2017Eight CapitalBoost Price TargetC$102.00 ➝ C$105.00
i
8/25/2017BarclaysBoost Price TargetC$94.20 ➝ C$96.00
i
8/24/2017National Bank FinancialLower Price TargetSector PerformC$101.00 ➝ C$99.00
i
Rating by G. Dechaine at National Bank Financial
8/24/2017BMO Capital MarketsReiterated RatingMarket PerformC$100.00
i
8/21/2017ScotiabankDowngradeOutperform ➝ Sector PerformC$102.00 ➝ C$100.00
i
5/26/2017ScotiabankBoost Price TargetOutperformC$101.00 ➝ C$102.00
i
5/26/2017National Bank FinancialReiterated RatingSector PerformC$99.00
i
Rating by G. Dechaine at National Bank Financial
4/3/2017TD SecuritiesReiterated RatingBuy ➝ Buy
i
3/7/2017CIBCBoost Price TargetC$101.00 ➝ C$106.00
i
2/27/2017Keefe, Bruyette & WoodsBoost Price TargetUnderperform ➝ Market PerformC$92.00 ➝ C$99.00
i
2/27/2017ScotiabankBoost Price TargetOutperformC$102.00 ➝ C$104.00
i
2/27/2017TD SecuritiesReiterated RatingBuyC$105.00
i
2/27/2017CIBCUpgradeUnderperform ➝ Market Perform
i
2/21/2017Keefe, Bruyette & WoodsBoost Price TargetC$83.00 ➝ C$92.00
i
2/20/2017National Bank FinancialReiterated RatingSector Perform
i
Rating by G. Dechaine at National Bank Financial
2/15/2017CIBCBoost Price TargetC$98.00 ➝ C$99.00
i
2/13/2017BarclaysBoost Price TargetC$77.00 ➝ C$84.00
i
1/17/2017CSFBBoost Price TargetC$100.00 ➝ C$101.00
i
1/13/2017Canaccord GenuityBoost Price TargetC$95.00 ➝ C$99.00
i
12/22/2016Dundee SecuritiesBoost Price TargetC$87.00 ➝ C$93.00
i
12/21/2016DesjardinsBoost Price TargetC$92.00 ➝ C$94.00
i
12/8/2016TD SecuritiesBoost Price TargetC$96.00 ➝ C$98.00
i
12/1/2016BMO Capital MarketsBoost Price TargetC$85.00 ➝ C$92.00
i
12/1/2016TD SecuritiesReiterated RatingBuyC$96.00
i
12/1/2016ScotiabankLower Price TargetOutperformC$95.00 ➝ C$93.00
i
12/1/2016Keefe, Bruyette & WoodsBoost Price TargetC$74.00 ➝ C$83.00
i
11/22/2016Canaccord GenuityBoost Price TargetC$89.00 ➝ C$95.00
i
11/21/2016TD SecuritiesUpgradeHold ➝ BuyC$86.00 ➝ C$96.00
i
11/21/2016BarclaysBoost Price TargetC$74.00 ➝ C$77.00
i
11/15/2016CSFBReiterated RatingOutperformC$100.00
i
11/14/2016DesjardinsBoost Price TargetC$86.00 ➝ C$89.00
i
10/13/2016Canaccord GenuityBoost Price TargetHold ➝ BuyC$85.00 ➝ C$89.00
i
9/21/2016Dundee SecuritiesReiterated RatingNeutralC$87.00
i
9/2/2016CIBCBoost Price TargetC$84.00 ➝ C$87.00
i
8/25/2016TD SecuritiesBoost Price TargetHoldC$81.00 ➝ C$86.00
i
8/25/2016ScotiabankBoost Price TargetOutperformC$85.00 ➝ C$86.00
i
8/25/2016National Bank FinancialBoost Price TargetC$83.00 ➝ C$84.00
i
8/25/2016DesjardinsReiterated RatingBuyC$86.00
i
8/25/2016CSFBLower Price TargetOutperformC$100.00 ➝ C$96.00
i
8/25/2016CIBCBoost Price TargetC$82.00 ➝ C$84.00
i
8/25/2016BarclaysBoost Price TargetUnderweightC$72.00 ➝ C$74.00
i
8/25/2016Bank of AmericaBoost Price TargetUnderperformC$75.00 ➝ C$76.00
i
8/18/2016Keefe, Bruyette & WoodsBoost Price TargetC$71.00 ➝ C$74.00
i
8/17/2016BarclaysBoost Price TargetUnderweightC$67.00 ➝ C$72.00
i
8/10/2016CIBCBoost Price TargetC$81.00 ➝ C$82.00
i
6/20/2016TD SecuritiesReiterated RatingHoldC$81.00
i
6/20/2016ScotiabankReiterated RatingOutperformC$85.00
i
6/2/2016CitigroupLower Price TargetBuyC$89.00 ➝ C$88.00
i
5/27/2016TD SecuritiesBoost Price TargetHoldC$79.00 ➝ C$81.00
i
5/27/2016ScotiabankBoost Price TargetOutperformC$84.00 ➝ C$85.00
i
5/27/2016National Bank FinancialBoost Price TargetC$77.00 ➝ C$83.00
i
5/17/2016CIBCBoost Price TargetC$78.00 ➝ C$81.00
i
5/16/2016BarclaysBoost Price TargetC$61.00
i
5/4/2016DesjardinsBoost Price TargetC$81.00 ➝ C$84.00
i
5/3/2016CSFBBoost Price TargetC$90.00 ➝ C$95.00
i
5/3/2016Credit Suisse GroupBoost Price TargetC$90.00 ➝ C$95.00
i
5/2/2016Canaccord GenuityBoost Price TargetC$72.00 ➝ C$76.00
i
3/2/2016TD SecuritiesDowngradeBuy ➝ HoldC$80.00 ➝ C$78.00
i
3/2/2016ScotiabankLower Price TargetOutperformC$79.00 ➝ C$77.00
i
2/25/2016TD SecuritiesLower Price TargetBuyC$83.00 ➝ C$80.00
i
2/25/2016ScotiabankLower Price TargetOutperformC$79.00 ➝ C$77.00
i
2/25/2016Bank of AmericaLower Price TargetC$92.00 ➝ C$85.00
i
2/25/2016National Bank FinancialLower Price TargetSector PerformC$74.00 ➝ C$72.00
i
2/25/2016CIBCLower Price TargetC$79.00 ➝ C$78.00
i
2/17/2016BarclaysLower Price TargetC$71.00 ➝ C$58.00
i
2/10/2016National Bank FinancialLower Price TargetC$79.00 ➝ C$74.00
i
1/7/2016CIBCLower Price TargetC$83.00 ➝ C$80.00
i
12/3/2015ScotiabankBoost Price TargetOutperformC$84.00 ➝ C$86.00
i
12/3/2015Bank of AmericaLower Price TargetBuyC$93.00 ➝ C$92.00
i
12/3/2015National Bank FinancialBoost Price TargetSector PerformC$76.00 ➝ C$79.00
i
12/3/2015Canaccord GenuityBoost Price TargetC$79.00 ➝ C$81.00
i
(Data available from 11/27/2015 forward)
Royal Bank of Canada (RY.TO) logo
Royal Bank of Canada operates as a diversified financial service company worldwide. The company's Personal & Commercial Banking segment offers check and savings accounts, credit cards, mortgages, loans, investment products, payments, international trade, and business advice services. This segment offers financial products and services through branches, automated teller machines, and mobile sales network. Its Wealth Management provides a suite of advice-based solutions and strategies. 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. The company was founded in 1864 and is headquartered in Toronto, Canada.
Read More

Today's Range

Now: C$108.03
C$107.60
C$108.44

50 Day Range

MA: C$98.24
C$91.19
C$107.71

52 Week Range

Now: C$108.03
C$72.00
C$109.42

Volume

765,487 shs

Average Volume

4,347,565 shs

Market Capitalization

C$153.64 billion

P/E Ratio

13.88

Dividend Yield

3.99%

Beta

N/A