Royal Bank of Canada (RY) – Analysts’ Recent Ratings Changes

Posted by on Jun 10th, 2026

Royal Bank of Canada (TSE: RY) has recently received a number of price target changes and ratings updates:

  • 6/5/2026 – Royal Bank of Canada had its price target raised by Canaccord Genuity Group Inc. from C$280.00 to C$282.00. They now have a “buy” rating on the stock.
  • 6/1/2026 – Royal Bank of Canada had its price target raised by Scotiabank from C$252.00 to C$275.00. They now have a “sector outperform” rating on the stock.
  • 5/29/2026 – Royal Bank of Canada had its price target raised by Canadian Imperial Bank of Commerce from C$258.00 to C$279.00. They now have a “neutral” rating on the stock.
  • 5/29/2026 – Royal Bank of Canada had its price target raised by Desjardins from C$262.00 to C$275.00. They now have a “buy” rating on the stock.
  • 5/29/2026 – Royal Bank of Canada had its price target raised by Raymond James Financial, Inc. from C$265.50 to C$270.50. They now have a “market perform” rating on the stock.
  • 5/29/2026 – Royal Bank of Canada had its price target raised by TD from C$267.00 to C$272.00. They now have a “buy” rating on the stock.
  • 5/29/2026 – Royal Bank of Canada had its price target raised by Canaccord Genuity Group Inc. from C$270.00 to C$280.00. They now have a “buy” rating on the stock.
  • 5/29/2026 – Royal Bank of Canada had its price target raised by Barclays PLC from C$245.00 to C$260.00. They now have an “overweight” rating on the stock.
  • 5/20/2026 – Royal Bank of Canada had its price target raised by Jefferies Financial Group Inc. from C$226.00 to C$232.00.
  • 5/20/2026 – Royal Bank of Canada had its price target raised by Canaccord Genuity Group Inc. from C$260.00 to C$270.00. They now have a “buy” rating on the stock.
  • 5/15/2026 – Royal Bank of Canada had its price target raised by National Bank Financial from C$257.00 to C$271.00. They now have an “outperform” rating on the stock.
  • 5/14/2026 – Royal Bank of Canada had its price target raised by Canadian Imperial Bank of Commerce from C$242.00 to C$258.00. They now have a “neutral” rating on the stock.
  • 5/12/2026 – Royal Bank of Canada was downgraded by Raymond James Financial, Inc. from “moderate buy” to “hold”. They now have a C$265.50 price target on the stock, up from C$248.00.
  • 5/5/2026 – Royal Bank of Canada had its price target raised by Desjardins from C$250.00 to C$262.00. They now have a “buy” rating on the stock.
  • 5/5/2026 – Royal Bank of Canada had its price target raised by TD from C$259.00 to C$267.00. They now have a “buy” rating on the stock.
  • 5/4/2026 – Royal Bank of Canada had its price target raised by Scotiabank from C$247.00 to C$252.00. They now have a “sector outperform” rating on the stock.

Royal Bank of Canada Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Stockholders of record on Friday, May 22nd were given a dividend of $1.64 per share. This represents a $6.56 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend was Thursday, April 23rd. Royal Bank of Canada’s dividend payout ratio is currently 41.35%.

Insider Activity at Royal Bank of Canada

In other news, Director David Ian Mckay sold 23,089 shares of the company’s stock in a transaction dated Wednesday, April 22nd. The stock was sold at an average price of C$242.82, for a total transaction of C$5,606,470.98. Following the completion of the transaction, the director directly owned 5,873 shares of the company’s stock, valued at C$1,426,081.86. This represents a 79.72% decrease in their ownership of the stock. Also, insider Jennifer Kristine Publicover sold 439 shares of the company’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of C$261.83, for a total value of C$114,943.37. Following the transaction, the insider directly owned 152 shares of the company’s stock, valued at C$39,798.16. This represents a 74.28% decrease in their ownership of the stock. Insiders sold 96,950 shares of company stock valued at $25,181,544 over the last ninety days.

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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