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

Royal Bank of Canada logo
C$276.01 +3.38 (+1.24%)
As of 04:00 PM Eastern

Royal Bank of Canada - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Sell
0
Hold
3
Buy
9

Based on 12 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 12 analysts, 3 have given a hold rating, 8 have given a buy rating, and 1 has given a strong buy rating for RY.

Consensus Price Target

C$260.42
-5.65% Downside
According to the 12 analysts' twelve-month price targets for Royal Bank of Canada, the average price target is C$260.42. The highest price target for RY is C$282.00, while the lowest price target for RY is C$227.00. The average price target represents a forecasted downside of -5.65% from the current price of C$276.01.
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.
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RY Analyst Ratings Over Time

TypeCurrent Forecast
6/9/25 to 6/9/26
1 Month Ago
5/10/25 to 5/10/26
3 Months Ago
3/11/25 to 3/11/26
1 Year Ago
6/9/24 to 6/9/25
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
2 Strong Buy rating(s)
Buy
8 Buy rating(s)
9 Buy rating(s)
8 Buy rating(s)
5 Buy rating(s)
Hold
3 Hold rating(s)
2 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 TargetC$260.42C$247.62C$244.58C$183.75
Forecasted Upside-5.65% Downside-0.47% Downside9.10% Upside5.20% Upside
Consensus RatingModerate BuyModerate BuyModerate BuyBuy

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.
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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 CanadaFinancial Services Companies
Consensus Rating Score
2.83
2.06
Consensus RatingModerate BuyHold
News Sentiment Rating
Neutral News

See Recent RY News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
6/5/2026 Boost TargetBuyC$280.00 ➝ C$282.00+3.76%
6/1/2026
Scotiabank logo
Scotiabank
4 of 5 stars
 Boost TargetSector OutperformC$252.00 ➝ C$275.00+4.99%
5/29/2026 Boost TargetNeutralC$258.00 ➝ C$279.00+7.56%
5/29/2026 Boost TargetBuyC$262.00 ➝ C$275.00+6.01%
5/29/2026 Boost TargetMarket PerformC$265.50 ➝ C$270.50+4.28%
5/29/2026 Boost TargetBuyC$267.00 ➝ C$272.00+4.86%
5/29/2026 Boost TargetOverweightC$245.00 ➝ C$260.00+0.23%
5/20/2026 Boost TargetC$226.00 ➝ C$232.00-9.81%
5/15/2026 Boost TargetOutperformC$257.00 ➝ C$271.00+7.46%
2/27/2026 Lower TargetBuyC$260.00 ➝ C$259.00+13.44%
12/17/2025 Boost TargetC$229.00 ➝ C$245.00+7.79%
11/25/2025 Boost TargetC$225.00 ➝ C$238.00+11.24%
9/22/2025 UpgradeStrong-Buy
8/28/2025 Boost TargetC$214.00 ➝ C$227.00+13.58%
2/28/2025 Lower TargetC$194.00 ➝ C$189.00+11.89%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 09:59 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 Monday, June 8, 2026. 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

green Wall Street bull icon

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

  • The current stock price is around C$177.61, reflecting a recent increase, which may indicate positive market sentiment.
  • Royal Bank of Canada has recently increased its quarterly dividend to C$1.54 per share, representing a yield of 3.47%, which can provide a steady income stream for investors.
  • The company has a strong market capitalization of C$251.32 billion, indicating its stability and ability to weather market fluctuations.
  • Recent analyst ratings show a mix of buy and strong buy recommendations, suggesting confidence in the company's future performance.
  • Royal Bank of Canada has demonstrated solid financial performance, with a net margin of 20.88% and a return on equity of 15.37%, indicating effective management and profitability.

Royal Bank of Canada
Bear Case

red Wall Street bear icon

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

  • The stock has experienced fluctuations, with a one-year high of C$180.45 and a low of C$144.04, indicating potential volatility.
  • Recent insider selling, including significant transactions by senior officers, may raise concerns about the company's future prospects.
  • The price-to-earnings (P/E) ratio of 15.48 suggests that the stock may be overvalued compared to its earnings, which could deter value-focused investors.
  • Market analysts have adjusted target prices downward, which may indicate a lack of confidence in short-term growth.
  • The company's beta of 0.84 suggests lower volatility compared to the market, but it may also indicate limited growth potential in a rising market.

RY Forecast - Frequently Asked Questions

According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for Royal Bank of Canada is C$260.42, with a high forecast of C$282.00 and a low forecast of C$227.00.

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Royal Bank of Canada in the last twelve months. There are currently 3 hold ratings, 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" RY shares.

According to analysts, Royal Bank of Canada's stock has a predicted downside of -5.65% based on their 12-month stock forecasts.

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

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


This page (TSE:RY) was last updated on 6/9/2026 by MarketBeat.com Staff.
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