QQQ   281.68 (-2.07%)
AAPL   142.91 (-2.54%)
MSFT   245.12 (-2.03%)
META   114.12 (-6.79%)
GOOGL   96.98 (-2.51%)
AMZN   88.25 (-3.03%)
TSLA   179.82 (-1.44%)
NVDA   159.87 (-3.75%)
NIO   13.24 (+3.44%)
BABA   91.45 (+1.03%)
AMD   70.27 (-4.55%)
T   19.17 (+2.24%)
MU   53.68 (-0.67%)
CGC   3.61 (-16.44%)
F   13.28 (-0.75%)
GE   85.28 (+0.73%)
DIS   92.29 (-3.79%)
AMC   6.75 (-9.40%)
PYPL   72.23 (-1.89%)
PFE   49.71 (-2.01%)
NFLX   305.56 (-2.25%)
QQQ   281.68 (-2.07%)
AAPL   142.91 (-2.54%)
MSFT   245.12 (-2.03%)
META   114.12 (-6.79%)
GOOGL   96.98 (-2.51%)
AMZN   88.25 (-3.03%)
TSLA   179.82 (-1.44%)
NVDA   159.87 (-3.75%)
NIO   13.24 (+3.44%)
BABA   91.45 (+1.03%)
AMD   70.27 (-4.55%)
T   19.17 (+2.24%)
MU   53.68 (-0.67%)
CGC   3.61 (-16.44%)
F   13.28 (-0.75%)
GE   85.28 (+0.73%)
DIS   92.29 (-3.79%)
AMC   6.75 (-9.40%)
PYPL   72.23 (-1.89%)
PFE   49.71 (-2.01%)
NFLX   305.56 (-2.25%)
QQQ   281.68 (-2.07%)
AAPL   142.91 (-2.54%)
MSFT   245.12 (-2.03%)
META   114.12 (-6.79%)
GOOGL   96.98 (-2.51%)
AMZN   88.25 (-3.03%)
TSLA   179.82 (-1.44%)
NVDA   159.87 (-3.75%)
NIO   13.24 (+3.44%)
BABA   91.45 (+1.03%)
AMD   70.27 (-4.55%)
T   19.17 (+2.24%)
MU   53.68 (-0.67%)
CGC   3.61 (-16.44%)
F   13.28 (-0.75%)
GE   85.28 (+0.73%)
DIS   92.29 (-3.79%)
AMC   6.75 (-9.40%)
PYPL   72.23 (-1.89%)
PFE   49.71 (-2.01%)
NFLX   305.56 (-2.25%)
QQQ   281.68 (-2.07%)
AAPL   142.91 (-2.54%)
MSFT   245.12 (-2.03%)
META   114.12 (-6.79%)
GOOGL   96.98 (-2.51%)
AMZN   88.25 (-3.03%)
TSLA   179.82 (-1.44%)
NVDA   159.87 (-3.75%)
NIO   13.24 (+3.44%)
BABA   91.45 (+1.03%)
AMD   70.27 (-4.55%)
T   19.17 (+2.24%)
MU   53.68 (-0.67%)
CGC   3.61 (-16.44%)
F   13.28 (-0.75%)
GE   85.28 (+0.73%)
DIS   92.29 (-3.79%)
AMC   6.75 (-9.40%)
PYPL   72.23 (-1.89%)
PFE   49.71 (-2.01%)
NFLX   305.56 (-2.25%)
NYSE:RY

Royal Bank of Canada - RY Price Target & Analyst Ratings

$96.85
-1.41 (-1.43%)
(As of 12/6/2022 12:00 AM ET)
Add
Compare
Today's Range
$96.03
$98.27
50-Day Range
$85.51
$100.90
52-Week Range
$83.63
$119.41
Volume
543,424 shs
Average Volume
1.03 million shs
Market Capitalization
$134.19 billion
P/E Ratio
11.26
Dividend Yield
3.77%
Price Target
$140.09

Royal Bank of Canada Consensus Rating and Price Target (2023)

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 Analyst Rating

Moderate Buy
Based on 8 Analyst Ratings

Consensus Analyst Price Target

$140.33
44.90% Upside
High Prediction$148.00
Average Prediction$140.33
Low Prediction$125.00
TypeCurrent
12/6/21 to 12/6/22
1 Month Ago
11/6/21 to 11/6/22
3 Months Ago
9/7/21 to 9/7/22
1 Year Ago
12/6/20 to 12/6/21
Consensus Rating
Moderate Buy
Hold
Hold
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
5 Buy rating(s)
7 Buy rating(s)
6 Buy rating(s)
8 Buy rating(s)
Hold
3 Hold rating(s)
3 Hold rating(s)
3 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$140.33$140.33$140.33$124.75
Predicted Upside44.90% Upside33.28% Upside33.28% Upside29.59% Upside
Get Royal Bank of Canada Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for RY and its competitors with MarketBeat's FREE daily newsletter.


RY Analyst Ratings 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.
Skip Chart & View Analyst Rating History

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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Royal Bank of Canada Stock vs. The Competition

TypeRoyal Bank of CanadaFinance CompaniesS&P 500
Consensus Rating Score
2.63
2.45
2.47
Consensus RatingModerate BuyHoldHold
Predicted Upside44.90% Upside62.90% Upside15.22% Upside
News Sentiment RatingNeutral News
Positive News
Neutral News
MarketBeat
Community Rating
Outperform Votes
637
58.01%
Underperform Votes
461
41.99%
Avg. Outperform Votes
149
62.08%
Avg. Underperform Votes
91
37.92%
Avg. Outperform Votes
851
68.08%
Avg. Underperform Votes
399
31.92%

Historical Target Prices and Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/1/2022Desjardins
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetC$140.00 ➝ C$145.00
12/1/2022National Bank Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetC$148.00 ➝ C$147.00
12/1/2022Canaccord Genuity Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Scott Chan
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost TargetBuy ➝ BuyC$131.00 ➝ C$136.00
12/1/2022Keefe, Bruyette & Woods
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Mike Rizvanovic
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeUnderperform ➝ Market Perform
9/29/2022Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageOverweight ➝ Overweight
8/25/2022Credit Suisse Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetC$144.00 ➝ C$143.00
8/18/2022Scotiabank
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetC$147.00 ➝ C$144.00
6/6/2022Argus
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy$121.00 ➝ $125.00+19.31%
5/27/2022BMO Capital Markets
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetC$142.00 ➝ C$140.00
5/27/2022TD Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetC$150.00 ➝ C$145.00
4/11/2022CIBC
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeNeutral ➝ Sector Outperform
4/8/2022Stifel Nicolaus
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetC$152.00 ➝ C$150.00
11/22/2021Bank of America
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeNeutral ➝ Underperform
9/1/2021Fundamental Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$127.27 ➝ $143.76+40.78%
10/29/2020Veritas Investment Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 UpgradeSell ➝ Buy
5/6/2020Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Maria Semikhatova
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeNeutral ➝ Buy
3/25/2020Cfra
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetHold$83.00 ➝ $69.00+11.56%
(Data available from 12/6/2017 forward. View 10+ years of historical ratings with our analyst ratings screener.)












RY Price Target - Frequently Asked Questions

What is Royal Bank of Canada's consensus rating and price target?

According to the issued ratings of 8 analysts in the last year, the consensus rating for Royal Bank of Canada stock is Moderate Buy based on the current 3 hold ratings and 5 buy ratings for RY. The average twelve-month price prediction for Royal Bank of Canada is $140.33 with a high price target of $148.00 and a low price target of $125.00. Learn more on RY's analyst rating history.

Do Wall Street analysts like Royal Bank of Canada more than its competitors?

Analysts like Royal Bank of Canada more than other Finance companies. The consensus rating for Royal Bank of Canada is Moderate Buy while the average consensus rating for finance companies is Hold. Learn more on how RY compares to other companies.

Do MarketBeat users like Royal Bank of Canada more than its competitors?

MarketBeat users like Royal Bank of Canada less than other Finance companies. 58.01% of MarketBeat users gave Royal Bank of Canada an outperform vote while finance companies recieve an average of 62.08% outperform votes by MarketBeat users.

Is Royal Bank of Canada being upgraded by Wall Street analysts?

Over the previous 90 days, Royal Bank of Canada's stock had 1 upgrade by analysts.

Does Royal Bank of Canada's stock price have much upside?

According to analysts, Royal Bank of Canada's stock has a predicted upside of 28.46% based on their 12-month price targets.

What analysts cover Royal Bank of Canada?

Royal Bank of Canada has been rated by Barclays, Canaccord Genuity Group, Desjardins, Keefe, Bruyette & Woods, and National Bank Financial in the past 90 days.

Does Royal Bank of Canada rate other companies?

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.


Stock Ratings Reports and Tools

This page (NYSE:RY) was last updated on 12/6/2022 by MarketBeat.com Staff