Royal Bank of Canada (TSE:RY) Price Target Raised to C$245.00

Royal Bank of Canada (TSE:RY) (NYSE:RY) had its target price boosted by Barclays from C$244.00 to C$245.00 in a research note issued to investors on Friday,BayStreet.CA reports. Barclays‘s target price indicates a potential upside of 7.54% from the company’s previous close.

Other analysts also recently issued research reports about the stock. Desjardins increased their price objective on shares of Royal Bank of Canada from C$240.00 to C$247.00 and gave the company a “buy” rating in a research report on Monday, February 9th. Canadian Imperial Bank of Commerce upped 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. Jefferies Financial Group lifted their price target on shares of Royal Bank of Canada from C$217.00 to C$220.00 in a research note on Wednesday, February 11th. TD Securities upped their price objective on shares of Royal Bank of Canada from C$246.00 to C$260.00 in a research report on Monday, February 9th. Finally, Raymond James Financial lifted their target price on Royal Bank of Canada from C$239.00 to C$248.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 17th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of C$240.31.

Royal Bank of Canada Price Performance

TSE RY traded down C$4.31 during trading hours on Friday, hitting C$227.83. The company had a trading volume of 2,279,494 shares, compared to its average volume of 3,775,521. The firm’s 50 day moving average is C$233.30 and its 200 day moving average is C$215.33. 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$319.01 billion, a price-to-earnings ratio of 16.19, a P/E/G ratio of 3.42 and a beta of 1.28.

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

Insider Transactions at Royal Bank of Canada

In other news, Director David Ian Mckay sold 91,288 shares of the stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of C$228.75, for a total value of C$20,882,130.00. Following the completion of the transaction, the director directly owned 5,873 shares in the company, valued at C$1,343,448.75. This trade represents a 93.96% decrease in their ownership of the stock.

More Royal Bank of Canada News

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.