Royal Bank of Canada (TSE:RY) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Posted by on Sep 19th, 2026

Royal Bank of Canada (TSE:RY – Get Free Report) (NYSE:RY) has been assigned an average recommendation of “Moderate Buy” from the thirteen analysts that are covering the company, Marketbeat reports. Four investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is C$292.86.

A number of brokerages recently issued reports on RY. Keefe, Bruyette & Woods upped their price objective on shares of Royal Bank of Canada from C$316.00 to C$324.00 in a report on Monday, August 31st. Canadian Imperial Bank of Commerce cut their price target on shares of Royal Bank of Canada from C$311.00 to C$300.00 and set a “neutral” rating for the company in a report on Thursday, September 3rd. Barclays upped their price objective on Royal Bank of Canada from C$260.00 to C$300.00 in a report on Friday, August 21st. National Bank Financial increased their price objective on Royal Bank of Canada from C$318.00 to C$321.00 and gave the stock an “outperform” rating in a research report on Sunday, August 30th. Finally, Canaccord Genuity Group raised their target price on Royal Bank of Canada from C$310.00 to C$318.00 and gave the stock a “buy” rating in a research note on Friday, August 28th.

Read Our Latest Research Report on RY

Insider Activity

In related news, insider Bruce Washington Ross sold 3,659 shares of Royal Bank of Canada stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of C$279.97, for a total value of C$1,024,410.23. Following the completion of the transaction, the insider owned 235 shares in the company, valued at approximately C$65,792.95. The trade was a 93.97% decrease in their ownership of the stock. Also, insider Kelly Bradley sold 1,644 shares of the company’s stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of C$283.03, for a total transaction of C$465,301.32. Following the sale, the insider directly owned 1,043 shares in the company, valued at approximately C$295,200.29. The trade was a 61.18% decrease in their ownership of the stock. Over the last ninety days, insiders sold 292,398 shares of company stock valued at $84,179,616.

Royal Bank of Canada Trading Down 0.2%

RY stock opened at C$284.45 on Friday. The company has a market cap of C$393.80 billion, a price-to-earnings ratio of 17.94, a PEG ratio of 3.42 and a beta of 0.94. The firm has a 50-day moving average of C$291.84 and a two-hundred day moving average of C$266.27. Royal Bank of Canada has a 12 month low of C$200.82 and a 12 month high of C$306.38.

Royal Bank of Canada (TSE:RY – Get Free Report) (NYSE:RY) last announced its quarterly earnings data on Thursday, August 27th. The financial services provider reported C$4.28 EPS for the quarter. The firm had revenue of C$18.54 billion for the quarter. Royal Bank of Canada had a return on equity of 16.11% and a net margin of 15.92%. As a group, equities analysts forecast that Royal Bank of Canada will post 12.3454675 earnings per share for the current year.

Royal Bank of Canada Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, August 24th. Shareholders of record on Monday, August 24th were paid a dividend of $1.76 per share. This represents a $7.04 dividend on an annualized basis and a yield of 2.5%. This is a positive change 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 payout ratio is currently 41.49%.

About Royal Bank of Canada

(Get Free Report)

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.

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Analyst Recommendations for Royal Bank of Canada (TSE:RY)

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