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Royal Bank Of Canada (RY)
NYSE:RY
Holding RY?
Track your performance easily
See the Price Targets and Ratings of:
RY Analyst Ratings
Strong Buy
11 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
$127.45
▲(2.34% Upside)
| Highest Price Target$138.85 | Average Price Target$127.45 | Lowest Price Target$111.38 |
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
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
CIBC
Reiterated
09/06/24
Erste Group
Upgraded
09/05/24
Jefferies
Reiterated
09/02/24
TD Securities
Reiterated
08/29/24
Bank of America Securities
Assigned
08/29/24
National Bank
Reiterated
08/29/24
Scotiabank
Reiterated
08/29/24
Barclays
Reiterated
08/29/24
Argus Research
Assigned
08/28/24
Canaccord Genuity
$118.43→$127.71
Buy
2.55%
Upside
Reiterated
08/28/24
Buy Rating on Royal Bank of Canada: Strong Financials and Strategic Positioning
BMO Capital
$112.12→$122.51
Buy
-1.63%
Downside
Reiterated
08/28/24
Buy Rating for Royal Bank Of Canada: Strong Quarterly Performance and Promising Future Outlook
Desjardins
$115.83→$121.03
Buy
-2.82%
Downside
Reiterated
08/06/24
Royal Bank of Canada (RY:CN) (RY) PT Raised to Cdn$163 at DesjardinsDesjardins analyst Doug Young raised the price target on Royal Bank of Canada (RY:CN) (NYSE: RY) to Cdn$163.00 (from Cdn$156.00) while maintaining a Buy rating.
Unknown Analyst
Not Ranked
CFRA
$130
Buy
4.38%
Upside
Upgraded
05/30/24
CFRA upgrades Royal Bank of Canada (RY) to BuyCFRA upgraded Royal Bank of Canada (NYSE: RY) from Hold to Buy with a price target of $130.00.
Best Analysts Covering Royal Bank Of Canada
Which Analyst Should I Follow If I Want to Buy RY and Sell After:
1 Month
xxx
Success Rate
16/28 ratings generated profit
Average Return
+1.35%
reiterated a xxx
rating last month
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 57.14% of your transactions generating a profit, with an average return of +1.35% per trade.
3 Months
xxx
Success Rate
21/27 ratings generated profit
Average Return
+6.49%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 77.78% of your transactions generating a profit, with an average return of +6.49% per trade.
1 Year
Success Rate
21/27 ratings generated profit
Average Return
+15.65%
reiterated a buy rating 2 months ago
Copying Douglas Young's trades and holding each position for 1 Year would result in 77.78% of your transactions generating a profit, with an average return of +15.65% per trade.
2 Years
xxx
Success Rate
26/27 ratings generated profit
Average Return
+20.48%
reiterated a xxx
rating 2 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 96.30% of your transactions generating a profit, with an average return of +20.48% 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
May 24
Jun 24
Jul 24
Aug 24
Sep 24
Strong Buy
1
2
3
6
7
Buy
14
17
16
12
10
Hold
5
2
2
4
5
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
20
21
21
22
22
Each month's total comprises the sum of three months' worth of ratings.
RY Financial Forecast
RY Stock Forecast FAQ
What is 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 $127.45.
What is RY’s upside potential, based on the analysts’ average price target?
Royal Bank Of Canada has 2.34% 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 RY a Buy, Sell or Hold?
Royal Bank Of Canada has a consensus rating of Strong Buy which is based on 11 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 $127.45. This is based on 13 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $138.85 ,the lowest forecast is $111.38. The average price target represents 2.34% Increase from the current price of $124.54.
The highest analyst price target is $138.85 ,the lowest forecast is $111.38. The average price target represents 2.34% Increase from the current price of $124.54.
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 13 Wall Streets Analysts.
How can I buy shares of RY?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.