Royal Bank Of Canada (TSE:RY)
TSX:RY

Royal Bank Of Canada (TSE:RY) Stock Forecast & Price Target

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See the Price Targets and Ratings of:

RY Analyst Ratings

Moderate Buy
8Ratings
6 Buy
1 Hold
1 Sell
Based on 8 analysts giving stock ratings to
Royal
Bank Of Canada
in the past 3 months
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 Months Forecast

Average Price Target

C$142.18
▲(6.73% Upside)
Based on 8 Wall Street analysts offering 12 month price targets for Royal Bank Of Canada in the last 3 months. The average price target is C$142.18 with a high forecast of C$154.80 and a low forecast of C$128.95. The average price target represents a 6.73% change from the last price of C$133.21.
Highest Price TargetC$154.80Average Price TargetC$142.18Lowest Price TargetC$128.95
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​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
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National Bank
C$148.00
Buy
11.10%
Upside
Reiterated
Royal Bank of Canada price target raised to C$148 from C$147 at National BankRoyal Bank of Canada price target raised to C$148 from C$147 at National Bank
Canaccord Genuity
C$130.50
Hold
-2.03%
Downside
Reiterated
Royal Bank Of Canada (RY) Gets a Hold from Canaccord Genuity
Cormark Securities Analyst forecast on TSE:RY
Unknown Analyst
Not Ranked
Cormark Securities
C$151.00
Buy
13.35%
Upside
Reiterated
CFRA Analyst forecast on TSE:RY
Unknown Analyst
Not Ranked
CFRA
C$130.57
Hold
-1.98%
Downside
Downgraded
CFRA downgrades Royal Bank of Canada (RY) to HoldCFRA downgraded Royal Bank of Canada (NYSE: RY) from Buy to Hold with a price target of $97.00 (from $115.00).
Veritas Investment Research Analyst forecast on TSE:RY
Unknown Analyst
Not Ranked
Veritas Investment Research
Buy
Upgraded
Royal Bank Of Canada (RY) was Upgraded to a Buy Rating at Veritas Investment Research
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RY Financial Forecast

RY Earnings Forecast
Next quarter’s earnings estimate for RY is C$2.69 with a range of C$2.57 to C$2.77. The previous quarter’s EPS was C$2.55. RY beat its EPS estimate 50.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 59.59% of the time in the same period. In the last calendar year RY has Underperformed its overall industry.
Next quarter’s earnings estimate for RY is C$2.69 with a range of C$2.57 to C$2.77. The previous quarter’s EPS was C$2.55. RY beat its EPS estimate 50.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 59.59% of the time in the same period. In the last calendar year RY has Underperformed its overall industry.
RY Sales Forecast
Next quarter’s sales forecast for RY is C$12.12B with a range of C$11.83B to C$12.50B. The previous quarter’s sales results were C$16.70B. RY beat its sales estimates 100.00% of the time in past 12 months, while its overall industry beat sales estimates 64.78% of the time in the same period. In the last calendar year RY has Outperformed its overall industry.
Next quarter’s sales forecast for RY is C$12.12B with a range of C$11.83B to C$12.50B. The previous quarter’s sales results were C$16.70B. RY beat its sales estimates 100.00% of the time in past 12 months, while its overall industry beat sales estimates 64.78% of the time in the same period. In the last calendar year RY has Outperformed its overall industry.
RY Analyst Recommendation Trends
In the current month, RY has received 3 Buy ratings 0 Hold ratings, and 0 Sell ratings. The RY average analyst price target in the past 3 months is C$142.18
In the current month, RY has received 3 Buy ratings 0 Hold ratings, and 0 Sell ratings. The RY average analyst price target in the past 3 months is C$142.18

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 C$142.18.
    What is TSE:RY’s upside potential, based on the analysts’ average price target?
    Royal Bank Of Canada has 6.73% 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 conensus rating of Moderate Buy which is based on 6 buy ratings, 1 hold ratings and 1 sell ratings.
            What is Royal Bank Of Canada’s price target?
            The average price target for Royal Bank Of Canada is C$142.18. This is based on 8 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is C$154.80 ,the lowest forecast is C$128.95. The average price target represents 6.73% Increase from the current price of C$133.21.
              What do analysts say about Royal Bank Of Canada?
              Royal Bank Of Canada’s analyst rating consensus is a ‘Moderate Buy. This is based on the ratings of 8 Wall Streets Analysts.

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