Royal Bank Of Canada (RY) Social Stream
ROYAL BANK OF CANADA (RY) Price Targets From Analysts
The tables below show price targets and recommendations from analysts covering ROYAL BANK OF CANADA.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-08 | 7 | $140 | $88.14 | $111.765 | $99.55 | 12.27% |
| 2021-11-22 | 7 | $140 | $88.14 | $112.051 | $99.55 | 12.56% |
| 2021-12-01 | 8 | $140 | $88.14 | $112.051 | $99.55 | 12.56% |
| 2021-12-02 | 8 | $140 | $110.6 | $118.932 | $99.55 | 19.47% |
| 2021-12-15 | 8 | $140 | $110.6 | $120.18 | $99.55 | 20.72% |
| 2022-02-01 | 8 | $140 | $110.6 | $120.368 | $99.55 | 20.91% |
| 2022-02-22 | 9 | $140 | $110.6 | $119.925 | $99.55 | 20.47% |
| 2022-02-24 | 9 | $140 | $115 | $121.105 | $99.55 | 21.65% |
| 2022-02-25 | 9 | $140 | $115 | $122.021 | $99.55 | 22.57% |
| 2022-03-06 | 8 | $140 | $115 | $122.021 | $99.55 | 22.57% |
| 2022-03-31 | 8 | $140 | $115 | $122.538 | $99.55 | 23.09% |
| 2022-04-07 | 7 | $140 | $115 | $122.538 | $99.55 | 23.09% |
| 2022-04-08 | 8 | $140 | $115 | $122.271 | $99.55 | 22.82% |
| 2022-04-11 | 8 | $140 | $115 | $121.62 | $99.55 | 22.17% |
| 2022-05-09 | 9 | $140 | $115 | $121.62 | $99.55 | 22.17% |
| 2022-05-15 | 9 | $140 | $102.96 | $119.185 | $99.55 | 19.72% |
| 2022-05-17 | 9 | $140 | $102.96 | $118.328 | $99.55 | 18.86% |
| 2022-05-20 | 8 | $118.5 | $102.96 | $112.278 | $99.55 | 12.79% |
| 2022-05-26 | 8 | $118.5 | $102.96 | $112.618 | $99.55 | 13.13% |
| 2022-05-27 | 10 | $116.913 | $102.96 | $112.39 | $99.55 | 12.9% |
| 2022-06-14 | 10 | $116.91 | $109 | $113.962 | $99.55 | 14.48% |
| 2022-08-14 | 10 | $116.91 | $109 | $113.328 | $99.55 | 13.84% |
| 2022-08-15 | 10 | $116.91 | $109 | $113.184 | $99.55 | 13.7% |
| 2022-08-24 | 10 | $114.66 | $104.52 | $111.57 | $99.55 | 12.07% |
| 2022-08-25 | 10 | $116.27 | $104.52 | $111.312 | $99.55 | 11.82% |
| 2022-09-17 | 10 | $114.66 | $104.52 | $110.743 | $99.55 | 11.24% |
| 2022-11-30 | 11 | $114.66 | $103.58 | $110.12 | $99.55 | 10.62% |
| 2022-12-01 | 11 | $114.66 | $104.52 | $109.477 | $99.55 | 9.97% |
| 2022-12-12 | 11 | $114.66 | $104 | $109.102 | $99.55 | 9.6% |
| 2023-01-25 | 11 | $119.72 | $104 | $110.015 | $99.55 | 10.51% |
| 2023-02-06 | 11 | $119.72 | $104 | $110.565 | $99.55 | 11.06% |
| 2023-02-13 | 10 | $119.72 | $104 | $110.565 | $99.55 | 11.06% |
| 2023-03-01 | 10 | $119.14 | $104 | $110.858 | $99.55 | 11.36% |
| 2023-03-22 | 10 | $114.66 | $104 | $109.841 | $99.55 | 10.34% |
| 2023-05-16 | 9 | $114.66 | $104 | $109.653 | $99.55 | 10.15% |
| 2023-05-19 | 9 | $114.66 | $104 | $108.941 | $99.55 | 9.43% |
| 2023-05-23 | 9 | $113.1 | $104 | $107.988 | $99.55 | 8.48% |
| 2023-05-26 | 8 | $103.66 | $96 | $100.285 | $99.55 | 0.74% |
| 2023-06-06 | 8 | $104.989 | $96 | $101.458 | $99.55 | 1.92% |
| 2023-06-14 | 7 | $104.989 | $96 | $101.283 | $99.55 | 1.74% |
| 2023-07-14 | 9 | $104.989 | $96 | $101.283 | $99.55 | 1.74% |
| 2023-07-24 | 9 | $104.989 | $96 | $101.448 | $99.55 | 1.91% |
| 2023-08-02 | 9 | $105.75 | $96 | $101.891 | $99.55 | 2.35% |
| 2023-08-21 | 10 | $105.75 | $96 | $101.892 | $99.55 | 2.35% |
| 2023-08-24 | 10 | $105.82 | $94.24 | $100.477 | $99.55 | 0.93% |
| 2023-08-25 | 10 | $105.75 | $89.548 | $99.31 | $99.55 | -0.24% |
| 2023-09-15 | 10 | $105.75 | $89.55 | $99.134 | $99.55 | -0.42% |
| 2023-11-03 | 10 | $105.08 | $89.55 | $98.351 | $99.55 | -1.2% |
| 2023-11-06 | 10 | $105.08 | $89.55 | $98.482 | $99.55 | -1.07% |
| 2023-11-20 | 10 | $105.08 | $89.55 | $97.958 | $99.55 | -1.6% |
| 2023-11-21 | 10 | $105.08 | $89.55 | $97.313 | $99.55 | -2.25% |
| 2023-11-24 | 11 | $132 | $89.55 | $100.569 | $99.55 | 1.02% |
| 2023-11-30 | 11 | $132 | $89.55 | $99.965 | $99.55 | 0.42% |
| 2023-12-01 | 11 | $105.85 | $89.55 | $97.911 | $99.55 | -1.65% |
| 2023-12-18 | 12 | $110 | $89.55 | $98.758 | $99.55 | -0.8% |
| 2023-12-20 | 12 | $111 | $89.55 | $100.723 | $99.55 | 1.18% |
The Trend in the Analyst Price Target
RY's average price target has moved down $11.89 over the prior 19 months.
Over the past 47 weeks, RY's average upside potential has been 10.8%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-02-22 | 10 | 119.140 | 104.00 | 110.858 | 100.73 | 10.05% |
| 2023-03-01 | 10 | 119.140 | 104.00 | 110.858 | 98.33 | 12.74% |
| 2023-03-22 | 9 | 114.660 | 104.00 | 109.841 | 93.26 | 17.78% |
| 2023-06-08 | 7 | 104.989 | 96.00 | 101.283 | 92.34 | 9.68% |
| 2023-08-25 | 10 | 105.750 | 94.24 | 100.395 | 88.98 | 12.83% |
RY Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 2.17 | 5 | 2 | 4 | 1 | 1 | 12 |
The Trend in the Broker Recommendations
Over the past 46 months, RY's average broker recommendation rating worsened by 1.27.
Use the points listed below to better contextualize what this analyst price target and recommendations data data means for investors.
- In terms of how ROYAL BANK OF CANADA fares relative to all US stocks, note that its variance in analysts' estimates is lower than -1123.5% of that group.
- In terms of how ROYAL BANK OF CANADA fares relative to Banking stocks, note that its average analyst price target is greater than 7011.19% of that group.
- In terms of how ROYAL BANK OF CANADA fares relative to stocks in the large market cap category, note that its number of analysts covering the stock is greater than 1790.59% of that group.
- To contextualize these metrics, consider that out of Financial Services stocks, ROYAL BANK OF CANADA's upside potential (average analyst target price relative to current price) is higher than 3898.45% of them.
In the Banking industry, SYF, AXP, and LU are the three stocks most similar to ROYAL BANK OF CANADA regarding the price target and analyst recommendation information presented here.
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