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

C$282.37 -0.96 (-0.34%)

As of 08/21/2026 04:22 PM Eastern

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

Consensus Rating

Moderate Buy

Based on 13 Analyst Ratings

Sell
0

Hold
4

Buy
9

Based on 13 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 13 analysts, 4 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$286.07
1.31% Upside

According to the 13 analysts' twelve-month price targets for Royal Bank of Canada, the average price target is C$286.07. The highest price target for RY is C$320.00, while the lowest price target for RY is C$227.00. The average price target represents a forecasted upside of 1.31% from the current price of C$282.37.

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

Type	Current Forecast 8/23/25 to 8/23/26	1 Month Ago 7/24/25 to 7/24/26	3 Months Ago 5/25/25 to 5/25/26	1 Year Ago 8/23/24 to 8/23/25
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)	8 Buy rating(s)	8 Buy rating(s)	4 Buy rating(s)
Hold	4 Hold rating(s)	3 Hold rating(s)	3 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	C$286.07	C$262.96	C$253.19	C$190.50
Forecasted Upside	1.31% Upside	-10.86% Downside	-4.15% Downside	-0.08% Downside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	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
Consensus Rating Score	2.77	2.27
Consensus Rating	Moderate Buy	Hold
News Sentiment Rating	Positive 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

Date	Brokerage	Action	Rating	Price Target	Report Date Upside/Downside
8/21/2026	Barclays 3 of 5 stars	Boost Target		C$260.00 ➝ C$300.00	+5.72%
8/21/2026	Keefe, Bruyette & Woods 4 of 5 stars	Set Target	Market Perform	C$316.00	+11.36%
8/19/2026	Canadian Imperial Bank of Commerce 3 of 5 stars	Boost Target	Neutral	C$279.00 ➝ C$311.00	+8.31%
8/13/2026	National Bank Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Boost Target	Outperform	C$271.00 ➝ C$318.00	+6.28%
8/13/2026	Jefferies Financial Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Boost Target		C$240.00 ➝ C$268.00	-10.43%
8/12/2026	Raymond James Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Boost Target	Market Perform	C$270.50 ➝ C$306.00	+3.07%
8/12/2026	TD Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Boost Target	Buy	C$272.00 ➝ C$307.00	+3.41%
8/5/2026	Desjardins Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Boost Target	Buy	C$275.00 ➝ C$320.00	+8.11%
7/7/2026	Canaccord Genuity Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Boost Target	Buy	C$282.00 ➝ C$310.00	+4.28%
6/16/2026	Scotiabank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Boost Target	Sector Outperform	C$275.00 ➝ C$280.00	-0.43%
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2/27/2026	TD Securities Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Lower Target	Buy	C$260.00 ➝ C$259.00	+13.44%
12/17/2025	BMO Capital Markets Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Boost Target		C$229.00 ➝ C$245.00	+7.79%
11/25/2025	UBS Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Boost Target		C$225.00 ➝ C$238.00	+11.24%
9/22/2025	Erste Group Bank Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Upgrade	Strong-Buy
8/28/2025	Bank of America Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Boost Target		C$214.00 ➝ C$227.00	+13.58%
2/28/2025	Cormark Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Lower Target		C$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 Sunday at 04:18 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, August 17, 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

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

The current stock price is around C$260, reflecting strong market confidence and potential for growth.
Royal Bank of Canada has a solid return on equity of 15.95%, indicating effective management and profitability in generating returns for shareholders.
The company recently increased its quarterly dividend to $1.76 per share, demonstrating a commitment to returning value to investors and a positive outlook on its financial health.
With a net margin of 18.40%, Royal Bank of Canada shows strong profitability, meaning it retains a significant portion of revenue as profit after expenses.
Analysts have a consensus rating of "Moderate Buy" for the stock, with multiple firms raising their price targets, suggesting confidence in the company's future performance.

Royal Bank of Canada
Bear Case

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

The dividend payout ratio is currently at 41.35%, which, while sustainable, indicates that a significant portion of earnings is being distributed rather than reinvested in growth opportunities.
Despite recent upgrades, the stock price has shown volatility, which may concern risk-averse investors looking for stability.
With a competitive banking environment, Royal Bank of Canada faces challenges from both traditional banks and fintech companies, which could impact future growth.
Economic uncertainties and potential regulatory changes could pose risks to the financial sector, affecting Royal Bank of Canada's performance.
While the company has a strong market position, any downturn in the economy could lead to increased loan defaults, impacting profitability.

RY Forecast - Frequently Asked Questions

According to the research reports of 13 Wall Street equities research analysts, the average twelve-month stock price forecast for Royal Bank of Canada is C$286.07, with a high forecast of C$320.00 and a low forecast of C$227.00.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Royal Bank of Canada in the last year. There are currently 4 hold ratings, 8 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 1.31% based on their 12-month stock forecasts.

Royal Bank of Canada has been rated by research analysts at Barclays, Canaccord Genuity Group, Canadian Imperial Bank of Commerce, Desjardins, Jefferies Financial Group, Keefe, Bruyette & Woods, National Bank Financial, Raymond James Financial, Scotiabank, and TD in the past 90 days.

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.

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This page (TSE:RY) was last updated on 8/23/2026 by MarketBeat.com Staff.

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

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

Consensus Rating

Consensus Price Target

RY Analyst Ratings Over Time

RY Analyst Recommendations By Month

RY Price Targets by Month

Royal Bank of Canada Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

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

Royal Bank of Canada
Bull Case

Royal Bank of Canada
Bear Case

RY Forecast - Frequently Asked Questions

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Royal Bank of Canada Recommendations

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Stock Ideas and Recommendations

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

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

Consensus Rating

Consensus Price Target

RY Analyst Ratings Over Time

RY Analyst Recommendations By Month

RY Price Targets by Month

Royal Bank of Canada Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

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

Royal Bank of Canada Bull Case

Royal Bank of Canada Bear Case

RY Forecast - Frequently Asked Questions

What is Royal Bank of Canada's forecast for 2026?

Should I buy or sell Royal Bank of Canada stock right now?

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

What analysts cover Royal Bank of Canada?

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

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Royal Bank of Canada Recommendations

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

Royal Bank of Canada
Bull Case

Royal Bank of Canada
Bear Case