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S&P 500   3,852.36
DOW   32,920.46
QQQ   300.92
15 Ways to Improve Your Credit
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
These 2 Healthcare Stocks Have Doubled in 2023
Pfizer Stock: What the Bulls and Bears are Getting Wrong
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Bed Bath & Beyond Is Circling the Drain
AMD Results Are No Reason To Buy Semiconductors... Yet
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Allegro Microsystems Is A Well-Positioned Semiconductor Stock
Institutions are Buying up Procter & Gamble Shares, Should you?
S&P 500   3,852.36
DOW   32,920.46
QQQ   300.92
15 Ways to Improve Your Credit
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
These 2 Healthcare Stocks Have Doubled in 2023
Pfizer Stock: What the Bulls and Bears are Getting Wrong
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Bed Bath & Beyond Is Circling the Drain
AMD Results Are No Reason To Buy Semiconductors... Yet
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Allegro Microsystems Is A Well-Positioned Semiconductor Stock
Institutions are Buying up Procter & Gamble Shares, Should you?
S&P 500   3,852.36
DOW   32,920.46
QQQ   300.92
15 Ways to Improve Your Credit
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
These 2 Healthcare Stocks Have Doubled in 2023
Pfizer Stock: What the Bulls and Bears are Getting Wrong
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Bed Bath & Beyond Is Circling the Drain
AMD Results Are No Reason To Buy Semiconductors... Yet
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Allegro Microsystems Is A Well-Positioned Semiconductor Stock
Institutions are Buying up Procter & Gamble Shares, Should you?
TSE:RY

Royal Bank of Canada - RY Price Target & Analyst Ratings

C$136.49
+0.33 (+0.24%)
(As of 02/1/2023 12:00 AM ET)
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Today's Range
C$135.61
C$137.33
50-Day Range
C$126.76
C$136.16
52-Week Range
C$116.75
C$148.26
Volume
4.96 million shs
Average Volume
5.98 million shs
Market Capitalization
C$188.75 billion
P/E Ratio
12.34
Dividend Yield
3.89%
Price Target
C$144.92

Royal Bank of Canada Consensus Rating and Price Target (2023)

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 Analyst Rating

Moderate Buy
Based on 11 Analyst Ratings

Consensus Analyst Price Target

C$144.92
6.17% Upside
High PredictionC$157.00
Average PredictionC$144.92
Low PredictionC$130.50
TypeCurrent
2/2/22 to 2/2/23
1 Month Ago
1/3/22 to 1/3/23
3 Months Ago
11/4/21 to 11/4/22
1 Year Ago
2/2/21 to 2/2/22
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate 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)
9 Buy rating(s)
11 Buy rating(s)
10 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
1 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$144.92C$144.92C$141.73C$145.01
Predicted Upside6.17% Upside10.49% Upside11.10% Upside10.66% Upside
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RY 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.
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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.
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Royal Bank of Canada Stock vs. The Competition

TypeRoyal Bank of CanadaFinance Companies
Consensus Rating Score
2.82
2.43
Consensus RatingModerate BuyHold
News Sentiment RatingNeutral News
Positive News

Historical Target Prices and Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/21/2022National Bankshares
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 Lower TargetC$147.00 ➝ C$145.00+13.73%
12/13/2022Fundamental Research
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 Reiterated RatingBuyC$138.40+7.00%
12/1/2022CSFB
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 Boost TargetC$150.00 ➝ C$153.00+13.66%
12/1/2022Keefe, Bruyette & Woods
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 UpgradeUnderperform ➝ Market PerformC$129.00 ➝ C$138.00+2.52%
12/1/2022Barclays
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 Boost TargetC$140.00 ➝ C$151.00+12.27%
12/1/2022Cormark
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 Boost TargetC$147.00 ➝ C$152.00+13.01%
12/1/2022Credit Suisse Group
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 Boost TargetC$153.00+13.75%
11/22/2022Scotiabank
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 Boost TargetC$144.00 ➝ C$149.00+10.45%
9/7/2022CIBC
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Paul Holden
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Lower TargetC$146.00 ➝ C$140.00+13.23%
9/2/2022BMO Capital Markets
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 Lower TargetC$140.00 ➝ C$132.00+7.13%
8/25/2022Canaccord Genuity Group
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 Lower TargetC$131.50 ➝ C$130.50+3.93%
6/7/2022Argus
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 Boost TargetBuyC$157.00+17.90%
5/27/2022TD Securities
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 Lower TargetBuyC$150.00 ➝ C$145.00+11.04%
12/2/2021Veritas Investment Research
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 Reiterated RatingReduce ➝ Buy
8/26/2021National Bank Financial
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 Boost TargetOutperformC$144.00+8.63%
5/19/2021Bank of America
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 Boost TargetBuyC$125.00 ➝ C$132.00+7.30%
8/26/2020Desjardins
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D. Young
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UpgradeHold ➝ Buy
5/6/2020Citigroup
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 UpgradeNeutral ➝ BuyC$113.00 ➝ C$95.00+11.98%
(Data available from 2/2/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)












RY Price Target - Frequently Asked Questions

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

According to the issued ratings of 11 analysts in the last year, the consensus rating for Royal Bank of Canada stock is Moderate Buy based on the current 2 hold ratings and 9 buy ratings for RY. The average twelve-month price prediction for Royal Bank of Canada is C$144.92 with a high price target of C$157.00 and a low price target of C$130.50. 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 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.

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

Over the previous 90 days, Royal Bank of Canada's stock had 1 upgrade 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 10.49% based on their 12-month price targets.

What analysts cover Royal Bank of Canada?

Royal Bank of Canada has been rated by Barclays, Cormark, Credit Suisse Group, CSFB, Fundamental Research, Keefe, Bruyette & Woods, National Bankshares, and Scotiabank in the past 90 days.


Stock Ratings Reports and Tools

This page (TSE:RY) was last updated on 2/2/2023 by MarketBeat.com Staff