Royal Bank of Canada (RY) Stock Forecast & Price Target

$128.30 +0.70 (+0.54%)

Closing price 03:59 PM Eastern

Extended Trading

$128.31 +0.00 (+0.00%)

As of 04:40 PM Eastern

Royal Bank of Canada - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates 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 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's 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. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy

Based on 8 Analyst Ratings

Sell
0

Hold
2

Buy
6

Based on 8 Wall Street analysts who have issued ratings for Royal Bank of Canada in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 8 analysts, 2 have given a hold rating, 5 have given a buy rating, and 1 has given a strong buy rating for RY.

Consensus Price Target

$193.00
50.42% Upside

According to the 8 analysts' twelve-month price targets for Royal Bank of Canada, the average price target is $193.00. The highest price target for RY is $193.00, while the lowest price target for RY is $193.00. The average price target represents a forecasted upside of 50.42% from the current price of $128.31.

Get the Latest News and Ratings for RY and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Royal Bank of Canada and its competitors.

RY Analyst Ratings Over Time

Type	Current Forecast 6/10/24 to 6/10/25	1 Month Ago 5/11/24 to 5/11/25	3 Months Ago 3/12/24 to 3/12/25	1 Year Ago 6/11/23 to 6/10/24
Strong Buy	1 Strong Buy rating(s)	2 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	5 Buy rating(s)	6 Buy rating(s)	5 Buy rating(s)	4 Buy rating(s)
Hold	2 Hold rating(s)	1 Hold rating(s)	2 Hold rating(s)	2 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$193.00	$156.50	$156.50	$133.25
Forecasted Upside	50.42% Upside	30.32% Upside	40.65% Upside	25.44% Upside
Consensus Rating	Moderate Buy	Buy	Moderate Buy	Moderate Buy

RY Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

RY Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Royal Bank of Canada Stock vs. The Competition

Type	Royal Bank of Canada	Finance Companies	S&P 500
Consensus Rating Score	2.88	2.52	2.53
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	50.77% Upside	27.03% Upside	13.25% Upside
News Sentiment Rating	Positive News See Recent RY News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
5/30/2025	National Bank Financial 5 of 5 stars	G. Dechaine Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Sector Perform
5/20/2025	CIBC 3 of 5 stars		Reiterated Rating	Outperform ➝ Outperform
5/15/2025	Scotiabank 5 of 5 stars	M. Rizvanovic Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Sector Outperform
4/3/2025	Cibc World Mkts Subscribe to MarketBeat All Access for the recommendation accuracy rating	P. Holden Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Strong-Buy
12/5/2024	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Movahedi Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Outperform ➝ Outperform	$195.00 ➝ $193.00	+51.59%
11/21/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	B. Morton Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Equal Weight ➝ Overweight
11/15/2024	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Mendonca Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Hold
7/2/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Shea Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy
6/6/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Biggar Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$115.00 ➝ $120.00	+12.09%
5/13/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy
12/18/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy
8/25/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$138.00 ➝ $139.00	+56.43%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 04:42 PM ET.

Should I Buy Royal Bank of Canada Stock? RY Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, June 6, 2025. Please send any questions or comments about these Royal Bank of Canada pros and cons to contact@marketbeat.com.

Royal Bank of Canada
Bull Case

Here are some ways that investors could benefit from investing in Royal Bank of Canada:

The current stock price is around $127, showing a recent increase, which may indicate positive market sentiment.
Royal Bank of Canada has received multiple upgrades from analysts, including a "strong buy" rating, suggesting strong future performance expectations.
Institutional ownership is significant, with over 45% of the stock held by hedge funds and other institutional investors, indicating confidence in the company's stability and growth potential.
The bank has a solid market capitalization of approximately $180 billion, reflecting its strong position in the financial services sector.
Recent analyst reports suggest a consensus rating of "Moderate Buy" with a target price of $156.50, indicating potential for price appreciation.

Royal Bank of Canada
Bear Case

Investors should be bearish about investing in Royal Bank of Canada for these reasons:

Recent downgrades from some analysts, including a shift from "outperform" to "sector perform," may signal caution regarding the bank's near-term performance.
The stock has experienced fluctuations, with a recent drop of about 2.8%, which could indicate volatility and uncertainty in the market.
Despite a strong market position, the bank's price-to-earnings ratio of 15.43 may suggest that the stock is relatively expensive compared to its earnings, which could deter value-focused investors.
Recent selling activity by institutional investors, such as Richard P Slaughter Associates Inc trimming its stake by 87.9%, may raise concerns about insider confidence.
The bank's debt-to-equity ratio is low at 0.11, which generally indicates a conservative approach to leverage, but could also suggest limited growth potential through debt financing.

RY Forecast - Frequently Asked Questions

: According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for Royal Bank of Canada is $193.00, with a high forecast of $193.00 and a low forecast of $193.00.
: 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Royal Bank of Canada in the last twelve months. There are currently 2 hold ratings, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" RY shares.
: According to analysts, Royal Bank of Canada's stock has a predicted upside of 50.42% based on their 12-month stock forecasts.
: Over the previous 90 days, Royal Bank of Canada's stock had 2 upgrades and 1 downgrade by analysts.
: Royal Bank of Canada has been rated by research analysts at CIBC, Cibc World Mkts, National Bank Financial, and Scotiabank in the past 90 days.
: Royal Bank of Canada also publishes sell-side equities research reports and recommendations about other companies, which can be viewed at its brokerage rating page.
: Analysts like Royal Bank of Canada more than other "finance" companies. The consensus rating score for Royal Bank of Canada is 2.88 while the average consensus rating score for "finance" companies is 2.53. Learn more on how RY compares to other companies.

Stock Forecasts and Research Tools

Related Companies

Today's Ratings

Top-Rated Stocks

More Ratings Tools

This page (NYSE:RY) was last updated on 6/10/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Royal Bank of Canada (RY) Stock Forecast & Price Target