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 | $100.27 | 11.46% |
| 2021-11-22 | 7 | $140 | $88.14 | $112.051 | $100.27 | 11.75% |
| 2021-12-01 | 8 | $140 | $88.14 | $112.051 | $100.27 | 11.75% |
| 2021-12-02 | 8 | $140 | $110.6 | $118.932 | $100.27 | 18.61% |
| 2021-12-15 | 8 | $140 | $110.6 | $120.18 | $100.27 | 19.86% |
| 2022-02-01 | 8 | $140 | $110.6 | $120.368 | $100.27 | 20.04% |
| 2022-02-22 | 9 | $140 | $110.6 | $119.925 | $100.27 | 19.6% |
| 2022-02-24 | 9 | $140 | $115 | $121.105 | $100.27 | 20.78% |
| 2022-02-25 | 9 | $140 | $115 | $122.021 | $100.27 | 21.69% |
| 2022-03-06 | 8 | $140 | $115 | $122.021 | $100.27 | 21.69% |
| 2022-03-31 | 8 | $140 | $115 | $122.538 | $100.27 | 22.21% |
| 2022-04-07 | 7 | $140 | $115 | $122.538 | $100.27 | 22.21% |
| 2022-04-08 | 8 | $140 | $115 | $122.271 | $100.27 | 21.94% |
| 2022-04-11 | 8 | $140 | $115 | $121.62 | $100.27 | 21.29% |
| 2022-05-09 | 9 | $140 | $115 | $121.62 | $100.27 | 21.29% |
| 2022-05-15 | 9 | $140 | $102.96 | $119.185 | $100.27 | 18.86% |
| 2022-05-17 | 9 | $140 | $102.96 | $118.328 | $100.27 | 18.01% |
| 2022-05-20 | 8 | $118.5 | $102.96 | $112.278 | $100.27 | 11.98% |
| 2022-05-26 | 8 | $118.5 | $102.96 | $112.618 | $100.27 | 12.31% |
| 2022-05-27 | 8 | $116.913 | $102.96 | $112.39 | $100.27 | 12.09% |
| 2022-06-14 | 10 | $116.91 | $102.96 | $112.39 | $100.27 | 12.09% |
| 2022-08-14 | 10 | $116.91 | $109 | $113.328 | $100.27 | 13.02% |
| 2022-08-15 | 10 | $116.91 | $109 | $113.184 | $100.27 | 12.88% |
| 2022-08-24 | 10 | $114.66 | $104.52 | $111.57 | $100.27 | 11.27% |
| 2022-08-25 | 10 | $116.27 | $104.52 | $111.312 | $100.27 | 11.01% |
| 2022-09-17 | 10 | $114.66 | $104.52 | $110.743 | $100.27 | 10.44% |
| 2022-11-30 | 11 | $114.66 | $103.58 | $110.12 | $100.27 | 9.82% |
| 2022-12-01 | 11 | $114.66 | $104.52 | $109.477 | $100.27 | 9.18% |
| 2022-12-12 | 11 | $114.66 | $104 | $109.102 | $100.27 | 8.81% |
| 2022-12-20 | 11 | $119.72 | $104 | $110.015 | $100.27 | 9.72% |
The Trend in the Analyst Price Target
Over the past 13 months, RY's average price target has gone down $2.04.
Over the past 46 weeks, RY's average upside potential has been 13.34%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2022-02-24 | 9 | 140.00 | 115.00 | 121.105 | 107.48 | 12.68% |
| 2022-03-31 | 8 | 140.00 | 115.00 | 122.538 | 110.27 | 11.13% |
| 2022-05-09 | 9 | 140.00 | 115.00 | 121.620 | 98.09 | 23.99% |
| 2022-09-17 | 10 | 114.66 | 104.52 | 110.743 | 95.31 | 16.19% |
| 2022-11-30 | 11 | 114.66 | 103.58 | 110.120 | 99.78 | 10.36% |
RY Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 1.82 | 6 | 2 | 2 | 0 | 0 | 11 |
The Trend in the Broker Recommendations
Over the past 13 months, RY's average broker recommendation rating worsened by 0.2.
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.
- ROYAL BANK OF CANADA's variance in analysts' estimates is lower than -642.26% of all US stocks.
- In terms of how ROYAL BANK OF CANADA fares relative to all US stocks, note that its average analyst price target is higher than 3020.92% 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 higher than 993.51% of that group.
- To contextualize these metrics, consider that out of Banking stocks, ROYAL BANK OF CANADA's upside potential (average analyst target price relative to current price) is higher than 1393.05% of them.
Stocks similar to ROYAL BANK OF CANADA in the Banking industry regarding analyst recommendations and price targets are SYF, BCOR, and AXP.
View All Top Stocks by Price Target
Is RY a Buy, Hold or Sell? See the POWR Ratings now!