Royal Bank Of Canada (RY) Social Stream
ROYAL BANK OF CANADA (RY) Price Targets From Analysts
The tables below show the price targets and recommendations analysts covering RY.
| 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 | $93.55 | 19.47% |
| 2021-11-22 | 7 | $140 | $88.14 | $112.051 | $93.55 | 19.78% |
| 2021-12-01 | 8 | $140 | $88.14 | $112.051 | $93.55 | 19.78% |
| 2021-12-02 | 8 | $140 | $110.6 | $118.932 | $93.55 | 27.13% |
| 2021-12-15 | 8 | $140 | $110.6 | $120.18 | $93.55 | 28.47% |
| 2022-02-01 | 8 | $140 | $110.6 | $120.368 | $93.55 | 28.67% |
| 2022-02-22 | 9 | $140 | $110.6 | $119.925 | $93.55 | 28.19% |
| 2022-02-24 | 9 | $140 | $115 | $121.105 | $93.55 | 29.45% |
| 2022-02-25 | 9 | $140 | $115 | $122.021 | $93.55 | 30.43% |
| 2022-03-06 | 8 | $140 | $115 | $122.021 | $93.55 | 30.43% |
| 2022-03-31 | 8 | $140 | $115 | $122.538 | $93.55 | 30.99% |
| 2022-04-07 | 7 | $140 | $115 | $122.538 | $93.55 | 30.99% |
| 2022-04-08 | 8 | $140 | $115 | $122.271 | $93.55 | 30.7% |
| 2022-04-11 | 8 | $140 | $115 | $121.62 | $93.55 | 30.01% |
| 2022-05-09 | 9 | $140 | $115 | $121.62 | $93.55 | 30.01% |
| 2022-05-15 | 9 | $140 | $102.96 | $119.185 | $93.55 | 27.4% |
| 2022-05-17 | 9 | $124 | $102.96 | $113.835 | $93.55 | 21.68% |
| 2022-05-20 | 8 | $118.5 | $102.96 | $112.278 | $93.55 | 20.02% |
| 2022-05-26 | 8 | $115.44 | $102.96 | $111.971 | $93.55 | 19.69% |
| 2022-05-27 | 9 | $116.913 | $102.96 | $112.39 | $93.55 | 20.14% |
| 2022-06-14 | 9 | $116.91 | $109 | $113.962 | $93.55 | 21.82% |
| 2022-08-14 | 10 | $116.91 | $109 | $113.328 | $93.55 | 21.14% |
| 2022-08-15 | 10 | $116.91 | $109 | $113.184 | $93.55 | 20.99% |
| 2022-08-24 | 10 | $114.66 | $104.52 | $111.57 | $93.55 | 19.26% |
| 2022-08-25 | 10 | $116.27 | $104.52 | $111.312 | $93.55 | 18.99% |
| 2022-09-17 | 10 | $114.66 | $104.52 | $110.743 | $93.55 | 18.38% |
| 2022-11-30 | 11 | $114.66 | $103.58 | $110.12 | $93.55 | 17.71% |
| 2022-12-01 | 11 | $114.66 | $104.52 | $109.477 | $93.55 | 17.03% |
| 2022-12-12 | 11 | $114.66 | $104 | $109.102 | $93.55 | 16.62% |
| 2023-01-25 | 11 | $119.72 | $104 | $110.015 | $93.55 | 17.6% |
| 2023-02-06 | 11 | $119.72 | $104 | $110.565 | $93.55 | 18.19% |
| 2023-02-13 | 10 | $119.72 | $104 | $110.565 | $93.55 | 18.19% |
| 2023-03-01 | 10 | $119.14 | $104 | $110.858 | $93.55 | 18.5% |
| 2023-03-22 | 10 | $114.66 | $104 | $109.841 | $93.55 | 17.41% |
The Trend in the Analyst Price Target
Over the past 22 months, RY's average price target has gone down $0.52.
RY reports an average of 13.53% for its upside potential over the past 51 weeks.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-03-31 | 8 | 140.000 | 115.00 | 122.538 | 110.27 | 11.13% |
| 2022-05-17 | 9 | 124.000 | 102.96 | 113.835 | 99.28 | 14.66% |
| 2022-05-27 | 10 | 116.913 | 102.96 | 112.390 | 103.04 | 9.07% |
| 2022-06-14 | 9 | 116.910 | 102.96 | 112.390 | 97.26 | 15.56% |
| 2022-11-16 | 11 | 114.660 | 103.58 | 110.120 | 98.63 | 11.65% |
RY Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.7 | 6 | 2 | 1 | 0 | 0 | 10 |
The Trend in the Broker Recommendations
RY's average broker recommendation rating improved by 0.55 over the prior 17 months.
The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for RY as an investment opportunity.
- To contextualize these metrics, consider that out of all US stocks, ROYAL BANK OF CANADA's variance in analysts' estimates is lower than -671.01% of them.
- In terms of how ROYAL BANK OF CANADA fares relative to Banking stocks, note that its average analyst price target is greater than 3807.75% of that group.
- ROYAL BANK OF CANADA's upside potential (average analyst target price relative to current price) is higher than 794.34% of Banking stocks.
- RY has a greater number of analysts covering the stock than 1086.6% of stocks in the large market cap category.
Stocks similar to ROYAL BANK OF CANADA in the Banking industry regarding analyst recommendations and price targets are SYF, AXP, and LU.
View All Top Stocks by Price Target
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