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Royal Bank Of Canada (TSE:RY)
TSX:RY
RY Analyst Ratings
Strong Buy
9 Buy
2 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
RY Stock 12 Month Forecast
Average Price Target
C$213.60
▲(12.19% Upside)
| Highest Price TargetC$313.98 | Average Price TargetC$213.60 | Lowest Price TargetC$185.96 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Detailed List of Analyst Forecasts
Bank of America Securities
C$194→C$313.98
Buy
64.91%
Upside
Reiterated
08/28/25
Canaccord Genuity
C$201→C$219
Buy
15.03%
Upside
Reiterated
08/28/25
Royal Bank of Canada: Strong Financial Performance and Growth Potential Justify Buy RatingRY reported adj. cash EPS of $3.84 (18% y/y), far above consensus of $3.32 and our $3.28. Revenue was better than our expectations, with the expense ratio at 53.5% better than our 56.3% estimate. $881M were ~$126M below our expectation, with RY benefitting from a performing release in its CNB business and minimal performing builds in other segments. As a result, total PCL ratio at 35 bps was below our 39 bps (Street at 43 bps). Excluding HSBC, PTPP was up 17% y/y. Average earning assets were up 12% y/y driven by solid average loan growth in Personal Banking and Commercial Banking, and higher AEA across all segments of the bank. Core NIM was down 5 bps q/q, due primarily to transactions in Capital Markets, which get offset in non-interest income. Excluding, NIM was flat. RY’s CET1 ratio was 13.2%, below our 13.27% (Street at 13.22%) on slightly higher RWA and share buybacks.
National Bank
C$180→C$203
Hold
6.62%
Upside
Reiterated
08/28/25
Jefferies
C$207→C$213
Buy
11.88%
Upside
Reiterated
08/28/25
Barclays
C$190→C$203
Buy
6.62%
Upside
Reiterated
08/28/25
BMO Capital
C$190→C$203
Buy
6.62%
Upside
Assigned
08/27/25
CIBC
C$183→C$195
Buy
2.42%
Upside
Reiterated
08/20/25
TR | OpenAI - 4o
C$206→C$213
Buy
11.88%
Upside
Reiterated
08/19/25
Desjardins
C$185→C$193
Buy
1.37%
Upside
Reiterated
08/13/25
Scotiabank
C$188→C$186
Buy
-2.31%
Downside
Reiterated
05/30/25
UBS
C$198
Buy
4.00%
Upside
Reiterated
03/31/25
Argus Research
―
Buy
―
Reiterated
02/27/25
Erste Group
―
Hold
―
Downgraded
01/29/25
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
Bank of America Securities
C$194→C$313.98
Buy
64.91%
Upside
Reiterated
08/28/25
Canaccord Genuity
C$201→C$219
Buy
15.03%
Upside
Reiterated
08/28/25
Royal Bank of Canada: Strong Financial Performance and Growth Potential Justify Buy RatingRY reported adj. cash EPS of $3.84 (18% y/y), far above consensus of $3.32 and our $3.28. Revenue was better than our expectations, with the expense ratio at 53.5% better than our 56.3% estimate. $881M were ~$126M below our expectation, with RY benefitting from a performing release in its CNB business and minimal performing builds in other segments. As a result, total PCL ratio at 35 bps was below our 39 bps (Street at 43 bps). Excluding HSBC, PTPP was up 17% y/y. Average earning assets were up 12% y/y driven by solid average loan growth in Personal Banking and Commercial Banking, and higher AEA across all segments of the bank. Core NIM was down 5 bps q/q, due primarily to transactions in Capital Markets, which get offset in non-interest income. Excluding, NIM was flat. RY’s CET1 ratio was 13.2%, below our 13.27% (Street at 13.22%) on slightly higher RWA and share buybacks.
National Bank
C$180→C$203
Hold
6.62%
Upside
Reiterated
08/28/25
Jefferies
C$207→C$213
Buy
11.88%
Upside
Reiterated
08/28/25
Barclays
C$190→C$203
Buy
6.62%
Upside
Reiterated
08/28/25
BMO Capital
C$190→C$203
Buy
6.62%
Upside
Assigned
08/27/25
CIBC
C$183→C$195
Buy
2.42%
Upside
Reiterated
08/20/25
TR | OpenAI - 4o
C$206→C$213
Buy
11.88%
Upside
Reiterated
08/19/25
Desjardins
C$185→C$193
Buy
1.37%
Upside
Reiterated
08/13/25
Scotiabank
C$188→C$186
Buy
-2.31%
Downside
Reiterated
05/30/25
UBS
C$198
Buy
4.00%
Upside
Reiterated
03/31/25
Argus Research
―
Buy
―
Reiterated
02/27/25
Erste Group
―
Hold
―
Downgraded
01/29/25
Best Analysts Covering Royal Bank Of Canada
1 Month
xxx
Success Rate
24/46 ratings generated profit
Average Return
+0.46%
reiterated a xxx
rating 23 hours ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 52.17% of your transactions generating a profit, with an average return of +0.46% per trade.
3 Months
xxx
Success Rate
24/31 ratings generated profit
Average Return
+5.78%
reiterated a xxx
rating 16 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 77.42% of your transactions generating a profit, with an average return of +5.78% per trade.
1 Year
Success Rate
25/31 ratings generated profit
Average Return
+15.75%
reiterated a buy rating 16 days ago
Copying Douglas Young's trades and holding each position for 1 Year would result in 80.65% of your transactions generating a profit, with an average return of +15.75% per trade.
2 Years
xxx
Success Rate
30/31 ratings generated profit
Average Return
+20.66%
reiterated a xxx
rating 16 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 96.77% of your transactions generating a profit, with an average return of +20.66% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
RY Analyst Recommendation Trends
Rating
Apr 25
May 25
Jun 25
Jul 25
Aug 25
Strong Buy
19
22
14
13
6
Buy
9
9
8
8
8
Hold
5
4
2
2
1
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
33
35
24
23
15
Each month's total comprises the sum of three months' worth of ratings.
RY Financial Forecast
RY Stock Forecast FAQ
What is TSE:RY’s average 12-month price target, according to analysts?
Based on analyst ratings, Royal Bank Of Canada’s 12-month average price target is 213.60.
What is TSE:RY’s upside potential, based on the analysts’ average price target?
Royal Bank Of Canada has 12.19% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is TSE:RY a Buy, Sell or Hold?
Royal Bank Of Canada has a consensus rating of Strong Buy which is based on 9 buy ratings, 2 hold ratings and 0 sell ratings.
What is Royal Bank Of Canada’s price target?
The average price target for Royal Bank Of Canada is 213.60. This is based on 11 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is C$313.98 ,the lowest forecast is C$185.96. The average price target represents 12.19% Increase from the current price of C$190.39.
The highest analyst price target is C$313.98 ,the lowest forecast is C$185.96. The average price target represents 12.19% Increase from the current price of C$190.39.
What do analysts say about Royal Bank Of Canada?
Royal Bank Of Canada’s analyst rating consensus is a Strong Buy. This is based on the ratings of 11 Wall Streets Analysts.
How can I buy shares of TSE:RY?
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