Royal Bank of Canada (RY) Stock Forecast & Price Target

$115.91 +2.31 (+2.03%)

Closing price 03/24/2025 03:59 PM Eastern

Extended Trading

$115.91 0.00 (0.00%)

As of 03/24/2025 07:45 PM Eastern

Royal Bank of Canada - Analysts' Recommendations and Stock Price Forecast (2025)

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 Rating

Moderate Buy

Based on 8 Analyst Ratings

Sell
0

Hold
2

Buy
6

Based on 8 Wall Street analysts who have issued ratings for Royal Bank of Canada in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 8 analysts, 2 have given a hold rating, 5 have given a buy rating, and 1 has given a strong buy rating for RY.

Consensus Price Target

$156.50
35.02% Upside

According to the 8 analysts' twelve-month price targets for Royal Bank of Canada, the average price target is $156.50. The highest price target for RY is $193.00, while the lowest price target for RY is $120.00. The average price target represents a forecasted upside of 35.02% from the current price of $115.91.

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RY Analyst Ratings Over Time

Type	Current Forecast 3/25/24 to 3/25/25	1 Month Ago 2/24/24 to 2/23/25	3 Months Ago 12/26/23 to 12/25/24	1 Year Ago 3/26/23 to 3/25/24
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	5 Buy rating(s)	5 Buy rating(s)	5 Buy rating(s)	2 Buy rating(s)
Hold	2 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	3 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$156.50	$156.50	$156.50	$131.50
Forecasted Upside	35.02% Upside	31.60% Upside	29.62% Upside	32.24% Upside
Consensus Rating	Moderate Buy	Buy	Buy	Hold

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RY Analyst Recommendations 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.

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.

Royal Bank of Canada Stock vs. The Competition

Type	Royal Bank of Canada	Finance Companies	S&P 500
Consensus Rating Score	2.88	2.52	2.54
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	35.02% Upside	44.34% Upside	16.93% Upside
News Sentiment Rating	Positive News See Recent RY News	Positive News	Positive News

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Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
3/5/2025	CIBC 3 of 5 stars		Reiterated Rating	Neutral ➝ Neutral
12/5/2024	BMO Capital Markets 4 of 5 stars	S. Movahedi Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Outperform ➝ Outperform	$195.00 ➝ $193.00	+51.59%
11/21/2024	Barclays 3 of 5 stars	B. Morton Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Equal Weight ➝ Overweight
11/15/2024	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Mendonca Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Hold
7/2/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Shea Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy
6/6/2024	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Biggar Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$115.00 ➝ $120.00	+12.09%
5/17/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Grauman Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Strong-Buy
5/13/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy
12/18/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy
8/25/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$138.00 ➝ $139.00	+56.43%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 07:18 AM ET.

Should I Buy Royal Bank of Canada Stock? RY Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, March 23, 2025. Please send any questions or comments about these Royal Bank of Canada pros and cons to contact@marketbeat.com.

Royal Bank of Canada
Bull Case

Here are some ways that investors could benefit from investing in Royal Bank of Canada:

The stock is currently trading at $112.45, which is a reasonable entry point considering its 12-month high of $128.05, indicating potential for price appreciation.
Royal Bank of Canada has a strong market capitalization of $157.43 billion, reflecting its stability and ability to weather economic fluctuations.
The company has a solid dividend yield of 3.68%, providing investors with a reliable income stream, which is particularly attractive in a low-interest-rate environment.
Recent upgrades from analysts, including a shift from a "sell" to a "hold" rating, suggest improved investor sentiment and potential for future growth.
Institutional investors and hedge funds own 45.31% of the company's stock, indicating strong confidence from large financial entities in Royal Bank of Canada's performance.

Royal Bank of Canada
Bear Case

Investors should be bearish about investing in Royal Bank of Canada for these reasons:

Recent downgrades from TD Securities from a "buy" to a "hold" rating may signal caution among analysts regarding the stock's short-term performance.
The company's quick ratio and current ratio are both at 0.86, which indicates potential liquidity concerns, as these ratios are below 1, suggesting that current liabilities may not be fully covered by current assets.
Royal Bank of Canada has a relatively low debt-to-equity ratio of 0.11, which, while indicating low leverage, may also suggest limited growth opportunities through debt financing.
Market volatility could impact the stock price, as evidenced by its fluctuation between a 12-month low of $95.84 and a high of $128.05, which may deter risk-averse investors.
Analysts have mixed ratings, with three holding, five buying, and one giving a strong buy, indicating uncertainty in the stock's future performance.

RY Forecast - Frequently Asked Questions

: According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for Royal Bank of Canada is $156.50, with a high forecast of $193.00 and a low forecast of $120.00.
: 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Royal Bank of Canada in the last year. There are currently 2 hold ratings, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" RY shares.
: According to analysts, Royal Bank of Canada's stock has a predicted upside of 35.02% based on their 12-month stock forecasts.
: Royal Bank of Canada has been rated by research analysts at CIBC in the past 90 days.
: Royal Bank of Canada also publishes sell-side equities research reports and recommendations about other companies, which can be viewed at its brokerage rating page.
: Analysts like Royal Bank of Canada more than other "finance" companies. The consensus rating score for Royal Bank of Canada is 2.88 while the average consensus rating score for "finance" companies is 2.52. Learn more on how RY compares to other companies.

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This page (NYSE:RY) was last updated on 3/25/2025 by MarketBeat.com Staff

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Royal Bank of Canada (RY) Stock Forecast & Price Target