S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
NYSE:RY

Royal Bank of Canada Price Target, Predictions & Analyst Ratings

$100.21
+0.11 (+0.11%)
(As of 12/3/2021 04:00 PM ET)
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Today's Range
$99.75
$101.00
50-Day Range
$98.01
$107.75
52-Week Range
$79.82
$108.09
Volume
1.43 million shs
Average Volume
1.15 million shs
Market Capitalization
$142.82 billion
P/E Ratio
11.97
Dividend Yield
3.40%
Beta
0.97

Royal Bank of Canada (NYSE:RY) Price Target and Consensus Rating

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 (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = 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.

Analyst Rating Consensus

Buy
Based on 12 Analyst Ratings

Analyst Price Target Consensus

$137.81
37.52% Upside

High PT$150.00
Average PT$137.81
Low PT$100.00
TypeCurrent
12/4/20 to 12/4/21
1 Month Ago
11/4/20 to 11/4/21
3 Months Ago
9/5/20 to 9/5/21
1 Year Ago
12/5/19 to 12/4/20
Consensus Rating
Buy
Buy
Buy
Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
9 Buy rating(s)
8 Buy rating(s)
9 Buy rating(s)
8 Buy rating(s)
Hold
2 Hold rating(s)
3 Hold rating(s)
3 Hold rating(s)
5 Hold rating(s)
Sell
1 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$137.81$135.89$135.89$106.86
Price Target Upside37.52% Upside36.17% Upside36.17% Upside38.41% Upside
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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

Average Share Price and Price Target 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 (NYSE:RY) vs. Its Competitors

TypeRoyal Bank of CanadaFinance CompaniesS&P 500
Consensus Rating Score
2.67
2.52
2.57
Consensus RatingBuyBuyBuy
Price Target Upside37.52% Upside28.74% Upside13.77% Upside
News Sentiment RatingNeutral News
Neutral News
Neutral News
MarketBeat
Community Rating
Outperform Votes
632
60.02%
Underperform Votes
421
39.98%
Avg. Outperform Votes
198
62.46%
Avg. Underperform Votes
119
37.54%
Avg. Outperform Votes
834
69.44%
Avg. Underperform Votes
367
30.56%

Royal Bank of Canada (NYSE:RY) Analyst Ratings History

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/2/2021National Bank Financial
Gabriel Dechaine
Lower Price TargetOutperformC$144.00 ➝ C$140.00+39.85%
12/2/2021Canaccord Genuity
Lower Price TargetBuyC$143.00 ➝ C$141.00+40.48%
12/2/2021CIBC
Lower Price TargetNeutralC$149.00 ➝ C$143.00+42.47%
12/2/2021Scotiabank
Lower Price TargetOutperformC$149.00 ➝ C$146.00+46.19%
12/2/2021TD Securities
Lower Price TargetBuyC$155.00 ➝ C$150.00+50.20%
11/22/2021Bank of America
DowngradeNeutral ➝ Underperform
9/1/2021Fundamental Research
Boost Price TargetBuy ➝ Buy$127.27 ➝ $143.76+40.78%
8/27/2021Desjardins
Boost Price TargetBuyC$138.00 ➝ C$141.00+34.34%
8/26/2021BMO Capital Markets
Boost Price TargetMarket PerformC$139.00 ➝ C$142.00+35.11%
8/26/2021Credit Suisse Group
Mike Rizvanovic
Boost Price TargetOutperform ➝ OutperformC$135.00 ➝ C$140.00+32.48%
8/13/2021Barclays
Boost Price TargetOverweight$137.00 ➝ $142.00+35.51%
3/1/2021Argus
Boost Price TargetBuy$92.00 ➝ $100.00+17.52%
10/29/2020Veritas Investment Research
UpgradeSell ➝ Buy
5/6/2020Citigroup
Maria Semikhatova
UpgradeNeutral ➝ Buy
3/25/2020Cfra
Lower Price TargetHold$83.00 ➝ $69.00+11.56%
12/12/2018Macquarie
UpgradeNeutral ➝ Outperform
(Data available from 12/4/2016 forward. View 10+ years of historical ratings with our analyst ratings screener.)












Royal Bank of Canada (NYSE:RY) Analyst Ratings Frequently Asked Questions

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

According to the issued ratings of 12 analysts in the last year, the consensus rating for Royal Bank of Canada stock is Buy based on the current 1 sell rating, 2 hold ratings and 9 buy ratings for RY. The average twelve-month price target for Royal Bank of Canada is $137.81 with a high price target of $150.00 and a low price target of $100.00. 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 stock more than the stock of other Finance companies. The consensus rating score for Royal Bank of Canada is 2.67 while the average consensus rating score for finance companies is 2.52. 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 stock less than the stock of other Finance companies. 60.02% of MarketBeat users gave Royal Bank of Canada an outperform vote while finance companies recieve an average of 62.46% outperform votes by MarketBeat users.

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

Over the previous 90 days, Royal Bank of Canada's stock had 1 downgrade 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 37.48% based on their 12-month price targets.

What analysts cover Royal Bank of Canada?

Royal Bank of Canada has been rated by Bank of America, Canaccord Genuity, CIBC, National Bank Financial, Scotiabank, and TD Securities 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.

This page was last updated on 12/4/2021 by MarketBeat.com Staff

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