Royal Bank of Canada (RY) News Today

Royal Bank of Canada (TSE:RY, NYSE:RY) shares opened at C$200.77, trading near their 52-week high of C$204.60. The stock carries a market cap of C$284.09 billion, a P/E of 17.49 and a beta of 0.84. Investors are responding to a wave of analyst upgrades, earnings-estimate hikes and strong quarterly results.

• Positive Sentiment: National Bank Financial lifted its Q4 2025 EPS forecast to US$3.55 from US$3.27. National Bank Financial Note
• Positive Sentiment: National Bank Financial also raised its FY 2026 EPS estimate to US$15.00 from US$14.14, maintaining a “Sector Perform” rating. National Bank Financial Note
• Positive Sentiment: Desjardins bumped its FY 2026 EPS forecast to US$15.00 from US$14.30 and kept a “Buy” rating with a C$214 target. Desjardins Report
• Positive Sentiment: Q3 results were buoyed by a lower loan-loss provision, beating expectations. WSJ Article
• Positive Sentiment: RBC shares popped on a strong earnings beat, extending the big-bank rally. Yahoo Finance
• Positive Sentiment: A broad coalition of analysts—TD Securities, Bank of America, Barclays, National Bankshares, Scotiabank, Desjardins, BMO Capital Markets, Canaccord Genuity and CIBC—raised RY price targets by 1.1% to 13.1% on optimism about earnings and capital returns. BayStreet.CA
• Positive Sentiment: TipRanks: BMO Capital’s Sohrab Movahedi maintained a Buy rating and upped his target to C$203. TipRanks Article
• Positive Sentiment: TipRanks: Bank of America Securities’ Ebrahim Poonawala reiterated a Buy and lifted his target to C$227. TipRanks Article
• Positive Sentiment: Canaccord Genuity expects RY stock to rise. American Banking News
• Positive Sentiment: Bank of America forecasts strong price appreciation for RY shares. American Banking News
• Positive Sentiment: Scotiabank lifted its RY price target to C$210. American Banking News
• Negative Sentiment: MarketBeat warns that RY passing above its 200-day moving average may signal overextension and a potential pullback. MarketBeat Alert