Royal Bank of Canada (TSE:RY) Stock Price Expected to Rise, Raymond James Financial Analyst Says

Royal Bank of Canada (TSE:RY) (NYSE:RY) had its price target boosted by analysts at Raymond James Financial from C$255.00 to C$260.00 in a research report issued on Friday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the financial services provider’s stock. Raymond James Financial’s price target points to a potential upside of 14.12% from the company’s previous close.

RY has been the subject of a number of other research reports. Scotiabank increased their price objective on shares of Royal Bank of Canada from C$231.00 to C$242.00 in a research report on Friday, January 9th. Canadian Imperial Bank of Commerce upped their price target on Royal Bank of Canada from C$229.00 to C$242.00 and gave the stock a “neutral” rating in a research note on Friday, February 13th. TD Securities lowered their price target on Royal Bank of Canada from C$260.00 to C$259.00 and set a “buy” rating for the company in a research report on Friday. Canaccord Genuity Group increased their target price on Royal Bank of Canada from C$242.00 to C$255.00 and gave the stock a “buy” rating in a research note on Thursday, February 12th. Finally, Barclays lifted their target price on Royal Bank of Canada from C$244.00 to C$245.00 in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of C$240.31.

Royal Bank of Canada Stock Down 1.9%

TSE:RY traded down C$4.31 on Friday, reaching C$227.83. The company’s stock had a trading volume of 2,279,494 shares, compared to its average volume of 3,775,521. Royal Bank of Canada has a 12-month low of C$151.25 and a 12-month high of C$240.34. The stock has a 50 day moving average price of C$233.30 and a 200 day moving average price of C$215.33. The firm has a market cap of C$319.01 billion, a price-to-earnings ratio of 16.19, a price-to-earnings-growth ratio of 3.42 and a beta of 1.28.

Royal Bank of Canada (TSE:RY) (NYSE:RY) last issued its quarterly earnings data on Thursday, February 26th. The financial services provider reported C$4.08 earnings per share (EPS) for the quarter. Royal Bank of Canada had a return on equity of 13.27% and a net margin of 28.23%.The firm had revenue of C$17.96 billion during the quarter. Equities research analysts expect that Royal Bank of Canada will post 12.3454675 EPS for the current fiscal year.

Insiders Place Their Bets

In other Royal Bank of Canada news, Director David Ian Mckay sold 91,288 shares of the stock in a transaction dated Friday, December 12th. The stock was sold at an average price of C$228.75, for a total value of C$20,882,130.00. Following the sale, the director owned 5,873 shares of the company’s stock, valued at C$1,343,448.75. This trade represents a 93.96% decrease in their position.

Trending Headlines about Royal Bank of Canada

Here are the key news stories impacting Royal Bank of Canada this week:

• Positive Sentiment: Q1 beat and record profit — RBC posted C$4.08 EPS and C$17.96B revenue, delivering an earnings and revenue surprise that signals resilient underlying businesses. ROYAL BANK OF CANADA REPORTS FIRST QUARTER 2026 RESULTS
• Positive Sentiment: Wealth & retail strength boosted results — Wealth management and personal banking benefited from strong North American equity markets and higher consumer activity, supporting fee income. RBC Earnings Beat Estimates, Boosted by Personal Banking, Wealth Management
• Positive Sentiment: Board returns and capital posture — Management reported record results and signaled stronger capital returns, which can support shareholder payouts and investor confidence. Royal Bank of Canada Posts Record Q1 2026 Profit and Strengthens Capital Returns
• Positive Sentiment: New business focus — RBC is targeting financing and advisory roles in emerging defense and energy projects in Canada, which could drive future fee and lending opportunities. RBC Seeks to Bet on New Defense, Energy Projects in Canada
• Neutral Sentiment: Business mix and highlights — Management emphasized strength across capital markets, personal and commercial banking; useful for modeling but not an immediate catalyst on its own. Royal Bank of Canada Earnings Lifted by Wealth Management
• Neutral Sentiment: Analyst commentary / earnings recap — Multiple outlets summarize the beat and operational drivers; useful context but largely reiterative of company release. Royal Bank of Canada Q1 earnings benefit from personal, commercial banking gains
• Negative Sentiment: Elevated credit-loss provision — Reports note an elevated provision that offset some of the upside; higher provisions can pressure near-term profitability and create uncertainty. Royal Bank (RY) Beats Q1 Earnings and Revenue Estimates
• Negative Sentiment: Valuation and market reaction — RY sits near its 52‑week high with a relatively high PEG; combined with lower-than-average trading volume today, this likely prompted short-term profit-taking that pushed the share price down despite the beat. Royal Bank of Canada Trading Info

About Royal Bank of Canada

Royal Bank of Canada is one of the two largest banks in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth-management services, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada, with additional operations in the U.S. and other countries.