National Bank Financial Reiterates C$318.00 Price Target for Royal Bank of Canada (TSE:RY)

National Bank Financial set a C$318.00 price objective on Royal Bank of Canada (TSE:RY) (NYSE:RY) in a research report released on Monday,BayStreet.CA reports. The firm currently has an outperform rating on the financial services provider’s stock.

Several other equities analysts have also recently weighed in on the company. Raymond James Financial lifted their price target on Royal Bank of Canada from C$270.50 to C$306.00 and gave the company a “market perform” rating in a research report on Wednesday, August 12th. Desjardins increased their price objective on Royal Bank of Canada from C$275.00 to C$320.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. TD raised their target price on Royal Bank of Canada from C$272.00 to C$307.00 and gave the stock a “buy” rating in a research note on Wednesday, August 12th. Barclays lifted their target price on Royal Bank of Canada from C$260.00 to C$300.00 in a report on Friday, August 21st. Finally, Canaccord Genuity Group upped their price target on Royal Bank of Canada from C$282.00 to C$310.00 and gave the company a “buy” rating in a research report on Tuesday, July 7th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of C$286.07.

Royal Bank of Canada Stock Up 0.5%

RY opened at C$288.11 on Monday. The firm has a 50-day moving average price of C$293.52 and a 200-day moving average price of C$260.19. Royal Bank of Canada has a twelve month low of C$195.86 and a twelve month high of C$306.38. The company has a market capitalization of C$400.38 billion, a price-to-earnings ratio of 18.73, a PEG ratio of 3.42 and a beta of 1.05.

Royal Bank of Canada (TSE:RY) (NYSE:RY) last released its quarterly earnings data on Thursday, May 28th. The financial services provider reported C$3.90 EPS for the quarter. Royal Bank of Canada had a net margin of 18.40% and a return on equity of 15.95%. The company had revenue of C$17.45 billion during the quarter. On average, sell-side analysts expect that Royal Bank of Canada will post 12.3454675 earnings per share for the current fiscal year.

Royal Bank of Canada Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 24th. Investors of record on Monday, August 24th were given a $1.76 dividend. This represents a $7.04 dividend on an annualized basis and a dividend yield of 2.4%. This is a boost from Royal Bank of Canada’s previous quarterly dividend of $1.64. The ex-dividend date was Monday, July 27th. Royal Bank of Canada’s dividend payout ratio (DPR) is 41.35%.

Insiders Place Their Bets

In other news, insider Neil Mclaughlin sold 4,000 shares of Royal Bank of Canada stock in a transaction on Wednesday, June 24th. The shares were sold at an average price of C$287.72, for a total transaction of C$1,150,880.00. Also, insider Bruce Washington Ross sold 45,670 shares of the company’s stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of C$293.11, for a total transaction of C$13,386,333.70. Following the completion of the transaction, the insider owned 235 shares of the company’s stock, valued at C$68,880.85. This trade represents a 99.49% decrease in their ownership of the stock. Insiders have sold 352,767 shares of company stock worth $100,643,023 in the last ninety days.

Royal Bank of Canada News Summary

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

• Positive Sentiment: National Bank Financial set a C$318 price target for Royal Bank of Canada, above the recent trading level, and maintained its positive outlook. The target suggests analysts see additional upside if the bank delivers solid earnings and maintains strong profitability. Royal Bank of Canada Price Target Set at C$318 by National Bank Financial
• Positive Sentiment: National Bank also kept its Buy rating on Royal Bank of Canada, reinforcing the view that the bank’s earnings power, capital position and dividend profile remain attractive. National Bank Keeps Buy Rating on Royal Bank of Canada
• Neutral Sentiment: Investors are preparing for Royal Bank of Canada’s third-quarter 2026 earnings report. The preview places attention on quarterly revenue, earnings per share, credit quality, loan growth and management’s outlook; results that exceed expectations could support the shares, while weaker guidance could create pressure. Royal Bank of Canada Q3 2026 Earnings Preview
• Negative Sentiment: Several insiders sold shares on August 24 at approximately C$279.97. Director David Ian McKay sold 23,091 shares worth about C$6.46 million, while insiders Graeme Ashley Hepworth, Bruce Washington Ross and Katherine Gibson also reduced their holdings. The concentration of sales—and substantial reductions in some ownership positions—could raise caution, although insider transactions do not necessarily indicate a change in the bank’s fundamentals.

About Royal Bank of Canada

Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 101,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 19 million clients in Canada, the U.S.