Analysts Set Royal Bank of Canada (TSE:RY) Price Target at C$238.31

Shares of Royal Bank of Canada (TSE:RY) (NYSE:RY) have received a consensus rating of “Moderate Buy” from the eleven ratings firms that are currently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation, eight have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is C$238.31.

Several analysts recently issued reports on the company. Jefferies Financial Group lifted their target price on Royal Bank of Canada from C$217.00 to C$220.00 in a research note on Wednesday, February 11th. TD Securities boosted their target price on shares of Royal Bank of Canada from C$246.00 to C$260.00 in a report on Monday, February 9th. BMO Capital Markets upped their target price on shares of Royal Bank of Canada from C$229.00 to C$245.00 in a research report on Wednesday, December 17th. Canadian Imperial Bank of Commerce raised their target price on shares of Royal Bank of Canada from C$229.00 to C$242.00 and gave the company a “neutral” rating in a research note on Friday, February 13th. Finally, Raymond James Financial boosted their price target on shares of Royal Bank of Canada from C$239.00 to C$248.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 17th.

Insider Activity

In related news, Director David Ian Mckay sold 91,288 shares of the business’s 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 directly owned 5,873 shares in the company, valued at approximately C$1,343,448.75. The trade was a 93.96% decrease in their ownership of the stock.

Key Stories Impacting Royal Bank of Canada

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

• Positive Sentiment: Record Q1 results — RBC reported C$4.08 EPS and C$17.96B revenue, beating estimates and posting record first-quarter profit, which supports earnings credibility. ROYAL BANK OF CANADA REPORTS FIRST QUARTER 2026 RESULTS
• Positive Sentiment: Business mix strength — Personal banking, wealth management and capital markets all contributed to the beat; wealth management benefited from strong North American equity markets, supporting fee income and ROE. RBC Earnings Beat Estimates, Boosted by Personal Banking, Wealth Management
• Neutral Sentiment: Strategic growth opportunities — RBC is pursuing new financing roles in Canadian defense and energy projects, which could add fees and loan pipelines over time but bring execution and sector exposure risks. RBC Seeks to Bet on New Defense, Energy Projects in Canada
• Neutral Sentiment: Capital return signaling — Management has strengthened capital-return plans after the quarter, which can support the share price but also reduces buffer for lending shocks. Royal Bank of Canada Posts Record Q1 2026 Profit and Strengthens Capital Returns
• Negative Sentiment: Elevated provisions — The quarter included a higher credit‑loss provision, which could signal increased credit costs ahead if economic stress rises and may temper forward EPS growth. Royal Bank of Canada Earnings Lifted by Wealth Management
• Negative Sentiment: Macro/valuation pressure — With the stock near its highs and markets digesting tariff/macro noise, investors may be taking profits or discounting future growth, pressuring the share price. RBC and Canada’s other biggest lenders beat profit estimates as economy resists tariff impact

Royal Bank of Canada Stock Performance

Shares of Royal Bank of Canada stock opened at C$232.14 on Tuesday. Royal Bank of Canada has a fifty-two week low of C$151.25 and a fifty-two week high of C$240.34. The company has a market capitalization of C$325.05 billion, a P/E ratio of 16.50, a P/E/G ratio of 3.42 and a beta of 1.28. The company has a fifty day moving average of C$233.30 and a 200 day moving average of C$215.33.

Royal Bank of Canada (TSE:RY) (NYSE:RY) last posted its quarterly earnings results on Thursday, February 26th. The financial services provider reported C$4.08 EPS for the quarter. The business had revenue of C$17.96 billion for the quarter. Royal Bank of Canada had a return on equity of 13.27% and a net margin of 28.23%. Analysts forecast that Royal Bank of Canada will post 12.3454675 EPS for the current year.

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.