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

C$175.47 +0.81 (+0.46%)

As of 06/10/2025 04:17 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

Buy

Based on 11 Analyst Ratings

Sell
0

Hold
2

Buy
9

Based on 11 Wall Street analysts who have issued ratings for Royal Bank of Canada in the last 12 months, the stock has a consensus rating of "Buy." Out of the 11 analysts, 2 have given a hold rating, 6 have given a buy rating, and 3 have given a strong buy rating for RY.

Consensus Price Target

C$183.75
4.72% Upside

According to the 11 analysts' twelve-month price targets for Royal Bank of Canada, the average price target is C$183.75. The highest price target for RY is C$196.00, while the lowest price target for RY is C$163.00. The average price target represents a forecasted upside of 4.72% from the current price of C$175.47.

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RY Analyst Ratings Over Time

Type	Current Forecast 6/11/24 to 6/11/25	1 Month Ago 5/12/24 to 5/12/25	3 Months Ago 3/13/24 to 3/13/25	1 Year Ago 6/12/23 to 6/11/24
Strong Buy	3 Strong Buy rating(s)	4 Strong Buy rating(s)	3 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	6 Buy rating(s)	6 Buy rating(s)	5 Buy rating(s)	9 Buy rating(s)
Hold	2 Hold rating(s)	1 Hold rating(s)	2 Hold rating(s)	4 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	2 Sell rating(s)
Consensus Price Target	C$183.75	C$180.00	C$181.67	C$144.50
Forecasted Upside	4.72% Upside	6.50% Upside	15.67% Upside	-0.27% Downside
Consensus Rating	Buy	Buy	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	Financial Services Companies
Consensus Rating Score	3.09	2.67
Consensus Rating	Buy	Moderate Buy
News Sentiment Rating	Neutral News See Recent RY 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
6/9/2025	Barclays 3 of 5 stars		Boost Target	Overweight	C$180.00 ➝ C$182.00	+4.14%
6/5/2025	CIBC 3 of 5 stars		Boost Target	Outperform	C$182.00 ➝ C$183.00	+5.18%
5/29/2025	National Bank Financial 5 of 5 stars	G. Dechaine Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Sector Perform
5/22/2025	National Bankshares Subscribe to MarketBeat All Access for the recommendation accuracy rating		Set Target	Outperform	C$179.00	+2.03%
5/22/2025	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$198.00 ➝ C$196.00	+11.73%
5/15/2025	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Rizvanovic Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
4/21/2025	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$195.00 ➝ C$180.00	+13.40%
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
2/28/2025	Cormark Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$194.00 ➝ C$189.00	+11.89%
2/28/2025	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Mendonca Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Hold	C$180.00 ➝ C$178.00	+5.38%
Get the Latest News and Ratings for RY and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Royal Bank of Canada and its competitors with MarketBeat's FREE daily newsletter.
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		C$195.00 ➝ C$193.00	+7.99%
12/5/2024	Canaccord Genuity Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$188.00 ➝ C$191.00	+6.87%
8/29/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$162.00 ➝ C$180.00	+11.82%
8/6/2024	Desjardins Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	C$156.00 ➝ C$163.00	+10.97%
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	Upgrade	Strong-Buy
11/23/2023	Keefe, Bruyette & Woods Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Market Perform	C$127.00 ➝ C$125.00	+4.62%
9/12/2023	CSFB Subscribe to MarketBeat All Access for the recommendation accuracy rating		Set Target	Outperform	C$138.00	+13.76%
8/25/2023	Veritas Investment Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Reduce	C$140.00 ➝ C$122.00	+1.14%
8/25/2023	Morningstar Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	C$129.00 ➝ C$130.00	+7.77%
8/25/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$138.00 ➝ C$139.00	+15.01%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 01:25 AM 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 Monday, June 9, 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 C$178.60, reflecting a strong market position and investor confidence.
Royal Bank of Canada has recently increased its quarterly dividend to C$1.54 per share, which indicates a commitment to returning value to shareholders and suggests financial stability.
Analysts have upgraded the stock to a "strong-buy" rating, indicating positive sentiment and potential for growth in the near future.
The company has a solid market capitalization of approximately C$252.72 billion, which positions it as a major player in the financial services sector.
Royal Bank of Canada has a relatively low dividend payout ratio of 49.49%, suggesting that it retains a significant portion of its earnings for reinvestment, which can drive future growth.

Royal Bank of Canada
Bear Case

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

Recent earnings estimates have been lowered by analysts, indicating potential challenges in meeting growth expectations.
The stock has experienced fluctuations, with a 52-week high of C$180.45 and a low of C$140.53, suggesting volatility that could deter risk-averse investors.
Some analysts have reduced their price targets for the stock, which may reflect concerns about future performance and profitability.
The price-to-earnings ratio is around 15.56, which, while not excessively high, may indicate that the stock is fairly valued, limiting upside potential.
Market conditions and economic factors could impact the financial services sector, posing risks to Royal Bank of Canada's performance.

RY Forecast - Frequently Asked Questions

: According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for Royal Bank of Canada is C$183.75, with a high forecast of C$196.00 and a low forecast of C$163.00.
: 11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Royal Bank of Canada in the last twelve months. There are currently 2 hold ratings, 6 buy ratings and 3 strong buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" RY shares.
: According to analysts, Royal Bank of Canada's stock has a predicted upside of 4.72% based on their 12-month stock forecasts.
: Over the previous 90 days, Royal Bank of Canada's stock had 3 upgrades and 1 downgrade by analysts.
: Royal Bank of Canada has been rated by research analysts at Barclays, CIBC, Cibc World Mkts, Jefferies Financial Group, National Bank Financial, National Bankshares, Scotiabank, and UBS Group in the past 90 days.
: Analysts like Royal Bank of Canada more than other "financial services" companies. The consensus rating for Royal Bank of Canada is Buy while the average consensus rating for "financial services" companies is Moderate Buy. Learn more on how RY compares to other companies.

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This page (TSE:RY) was last updated on 6/11/2025 by MarketBeat.com Staff

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